07/09/2021
In terms of governance, the Opinion stresses the need to clearly set forth the independent nature of the authorities tasked with supervising and enforcing the AI Act.
07/08/2021
The regulators are also asking for views on how any changes could be tailored to specific categories of firms to ensure it is proportionate.
07/08/2021
Anthony Constantinou allegedly used Capital World Markets, a now defunct forex trading firm, to attract investors
07/08/2021
FTAdviser understands that PI insurers may need to be involved as some policies include conditions which prevent firms from acting without the agreement of the insurer, otherwise the cover will be invalidated.
07/08/2021
Binance has issued a statement saying that it is working with the regulators.
07/08/2021
Paratus Maritime Insurance Limited was launched to create price certainty, allowing policy holders to manage volatility
07/08/2021
Suntera already held fund administration licenses in the Cayman Islands, Bahamas and Isle of Man.
07/08/2021
If you make the decision to accept the inheritance it is strongly advised that you should instruct probate lawyers experienced in Italian succession law
07/08/2021
First use of automated market making in m-CBDC experiment
07/07/2021
The revisions reflect the further transposition of 5MLD and bring the Guidelines in line with current CBI expectations in relation to designated persons' ("firms") existing obligations under the Criminal Justice (Money Laundering and Terror
07/07/2021
Our review found that, while some had been conducting AoV assessments well, too many AFMs often made assumptions that they could not justify to us, undermining the credibility of their assessments.
07/07/2021
Carey Olsen's investment funds team has advised European private equity firm Nordic Capital on the €1.2 billion final closing of its first Evolution Fund.
07/07/2021
Its remaining capital will be used to target opportunities in the residential sector in markets where Cain has an established investment track record.
07/07/2021
In other jurisdictions, governance change is also afoot, with the PIRC introducing gender quotas at board level in Germany, and NASDAQ proposing diversity quotas for its companies too.
07/07/2021
The discussion paper also focuses on the importance of data and disclosure in order to enable firms, regulators and other stakeholders to monitor progress.
07/07/2021
The UK recently decided to opt out of transposing the EU’s 6th Anti-Money Laundering Directive (6MLD) due to many of its requirements being already covered by existing UK law.
07/07/2021
These measures include linking remuneration to diversity and inclusion metrics and the regulators’ approach to it in terms of non-financial misconduct.
07/07/2021
The workshop also pointed to the challenge security will pose to regulators in various sectors
07/06/2021
The words ‘competitive advantage,’ or ‘competitiveness’ when applied to a financial sector, are clear warning signals for those of us who look closely at these things.
07/06/2021
The FCA’s suggested reforms seek to address, and build, on the proposals in these important reviews to ensure that the UK remains an attractive place to grow and list successful companies.