by Emma Cleveland | 2016-03-01 | Industry News
A draft of the amending legislation, FSMA 2000 (Regulated Activities) (Amendment Order) 2016 has been published and can be found here. There are a few principles amendments which will be noted relating primarily to the regulation of activities relating to peer-to-peer...
by Emma Cleveland | 2016-02-24 | Industry News
In July 2016. the Financial Reporting Council (“FRC”) will publish the findings of its assessment of signatories’ compliance with reporting in regards to the 7 principles of the Stewardship Code (“Code”). According to the FRC’s website, over 200 Asset Managers have...
by Emma Cleveland | 2016-02-16 | Industry News
In December 2015, the FCA published its CP 15/43 Consultation Paper, the first of its consultation papers on the implementation of the Markets in Financial Instruments Directive II (“MiFID II”). The Consultation Paper focuses on areas where the FCA have sufficient...
by Emma Cleveland | 2016-02-03 | Industry News
On 21 January 2016 the FCA published its CP16/4 Consultation Paper on crowdfunding and segregation of client assets. In the paper, the regulator consults on rules to simplify the current client money requirements for firms that operate electronic systems in relation...
by Emma Cleveland | 2016-01-27 | Industry News
On 4 January 2016, the Investment Association (“IA”) issued a guidance paper aimed at operators of UK authorised collective investment schemes. The paper aims to ensure that authorised fund managers are acting in compliance with COLL4.4.13R(3)(b) and paragraph 4C of...
by Emma Cleveland | 2016-01-21 | Industry News
In the FCA’s 2015/2016 Business Plan, following feedback from their wholesale sector competition review which was published in February 2015, the Asset Management Market Study was announced. Ensuing this, the following concerns have been raised and have become the...
