04/09/2018
FCA publishes its Business Plan for 2018/19
The Financial Conduct Authority has today published its Business Plan for 2018/19 which sets out the key priorities for the coming year.
Legal, Regulation & Compliance
04/09/2018
SFO closes Stirling Mortimer Global Property Fund PCC investigation
The Director of the SFO accepted this case for investigation in December 2012.
04/08/2018
Too much investor cash is being leaked away
The frictional cost of trading is a thorny issue that must be addressed
04/06/2018
Spain releases HSBC leaker Herve Falciani but he cannot leave Spain
The police must monitor the house that Falciani chooses to live in Spain on a daily basis and any trip or departure from the town where he lives must be allowed by the judicial authority.
04/06/2018
Code of Conduct for Indirect Access Providers
The Code Administrator is responsible for administrating all aspects of the Code and this role is currently managed via the NPSO.
04/06/2018
Pilatus auditor KPMG says it acted professionally in dealings with private bank
Audit firm whose partner also attended Pilatus chairman’s wedding says it has acted professionally and ethically
04/06/2018
IOSCO issues recommendations to improve regulatory reporting and transparency in corporate bond markets
In addition, it recommends regulatory authorities should have clearer regulatory reporting and transparency frameworks to facilitate better crossborder understanding of corporate bond markets.
04/06/2018
The Dutch government ponders “golden boy liability” clause for finance executives
However, the controversy continues with the ASR insurance company proposing on Tuesday a 35% pay rise for its management.
04/06/2018
Comment: The EU and the ‘new 21st century colonialism’
In the light of FATCA – the US’s legislation aimed at forcing all US citizens to declare their assets to the IRS
04/05/2018
Jersey’s FSC consults on regulating defined benefit transfer advice
Such advice will constitute investment business for the purposes of FSJL, and will be subject to regulation by the JFSC.
04/05/2018
Swiss bank whistleblower arrested in Spain
Falciani was arrested on Tuesday close to the Universidad Pontificia de Madrid where he was due to speak on "When telling the truth is heroic".
04/05/2018
Future UK-EU relationship report published
The European Council adopted its guidelines for the forthcoming negotiations in March.
04/05/2018
ESMA publishes final guidelines in settlement under CSDR
ESMA explained that these entities need to report these transactions to national competent authorities, starting on 12 July 2019.
04/05/2018
Information for investors in the Collateral Companies - FCA
The FCA will continue to work in the best interests of investors in the Collateral Companies.
04/05/2018
FCA reveals strict new rules for asset managers
The FCA has also today published an Occasional Paper setting out the results of behavioural research which looked at how different ways of presenting information about charges affected investors’ decision-making and their understanding and awareness
04/05/2018
The Maltese connection with Iran sanctions busting
An investigative reporter’s killing has shone new light on a shadowy deal she uncovered
04/05/2018
FDIC Slams European Banks' Libor-Rigging Defenses In UK
The FDIC, an independent agency that oversees the U.S. banking sector, is suing several European banks
04/05/2018
Legal Entity Identifiers: The Cyprus perspective
Cyprus has given full effect to MiFID II through the enactment of the Investment Services and Investment Activities
04/04/2018
Insurance firms still failing to meet FCA general insurance renewal rules
The rules, introduced in April 2017, require firms to clearly show the insurance premium a customer paid last year alongside their proposed renewal premium.
04/04/2018
GFMA Publishes Cybersecurity Penetration Testing Framework
Global Trade Organization Aims to Facilitate Global Regulatory and Industry Coordination on Cybersecurity