International 2026 — Meet us there
Category
by Emma Cleveland|27 May 2015|Industry News
On 28 April 2015, the Investment Association published their Statement of Principles for Investment Managers. The Principles aim to set out behaviours which go beyond the regulatory requirements of “treating consumers fairly” by seeking to “represent a culture of excellence for investment managers in helping clients succeed in their financial goals”.
Read moreby Emma Cleveland|26 May 2015|Industry News
An MTF, even though sometimes referred to as ‘male-to-female’, for the purpose of this article means Multilateral Trading Facility. MTFs are non-exchange financial trading venues which are often used as alternatives to traditional stock exchanges.
Read moreby Emma Cleveland|26 May 2015|Industry News
On 14 April 2015 the FCA published a notice against two subsidiaries of Bank of New York Mellon Group, referred to as “the Firms”, issuing them with a record financial penalty of £126,000,000 for failing to comply with the FCA Client Assets Sourcebook (Custody Rules, or CASS), which applies to safe custody assets and to […]
Read moreby Emma Cleveland|12 May 2015|Industry News
Shortly after the enactment (Feb/March 2015) of the Irish Collective Asset-management Vehicle Bill 2014 (the “Bill”) and innovative investment vehicle called an Irish Collective Asset-Management Vehicle (“ICAV”) will be made available. ICAVs are tailor made corporate fund vehicles for both UCITs and AIFs which provide a pro-active approach to meeting the evolving needs of fund […]
Read moreby Emma Cleveland|21 April 2015|Industry News
On 13 March 2015 the FCA published its guidance on financial promotions in social media. In the FG15/4 Social media and customer communications guidance paper, the FCA discusses how firms can use social media in a manner that is compliant with regulatory rules. Below is an overview of the regulator’s guidance and findings:
Read moreby Emma Cleveland|26 March 2015|Industry News
On 19 February 2015, the FCA published its FS15-01 Feedback Statement as a response to the DP14/3 Discussion Paper. The Feedback Statement is part of the regulator’s work of examining firms using dealing commission and in particular, the charges that are being paid by consumers when investment managers execute trades and acquire external research on […]
Read moreby Emma Cleveland|17 March 2015|Industry News
On 24 February 2015 the Bank of England (BoE) published a speech by Andrew Hauser, Director of Market Strategy at the BoE and head of the Fair and Effective Markets Review (FEMR) secretariat. The speech was aimed at identifying the key issues raised in the FEMR consultation concluded in January 2015 regarding the fairness and […]
Read moreby Emma Cleveland|4 March 2015|Industry News
The FCA has recently produced an update on improvements on fund authorisation, supervision and reporting agreements with trustees and depositaries. We set out below what the update covers:
Read moreby Emma Cleveland|24 February 2015|Industry News
Since the adoption of the AIFMD, the European Securities and Markets Authority (“ESMA”) has produced a range of material relating to the application of the Alternative Investment Fund Managers Directive such as technical advice, guidelines, regulatory technical standards and Q&As. On 1 December 2014, ESMA published a consultation paper with proposed guidelines regarding asset segregation […]
Read moreby Emma Cleveland|11 February 2015|Industry News
Following the Brisbane Summit in November, the G20 leaders published a communiqué that addressed many global economic issues. We set out below the following points of regulatory interest from Section 12:
Read moreWe use cookies to analyse site traffic and improve your experience. You can accept or reject analytics cookies. See our Cookie Policy.