by Emma Cleveland | 2015-05-27 | 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...
by Emma Cleveland | 2015-05-26 | 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. In 2014 the FCA...
by Emma Cleveland | 2015-05-26 | 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,...
by Emma Cleveland | 2015-05-12 | 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...
by Emma Cleveland | 2015-04-21 | 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...
by Emma Cleveland | 2015-04-16 | Our News
For over two years Cleveland Ventures has served as an innovator in both a fast developing legal profession and in the provision of investment management-related courses. Our exceptional quality of service, combined with our team’s broad experience, has helped us to...
