by Emma Cleveland | 2016-01-06 | Our Thinking
In December 2015, the FCA published their Thematic Review on the Suitability of investment portfolios at Wealth Management Firms and Private Banks (the “Report”). In the Report the FCA has presented its findings from the assessment of over 150 files collected from 15...
by Emma Cleveland | 2015-12-09 | Our Thinking
The FCA has continuously pursued the initiative of increasing transparency in the financial services industry and ensuring the best possible investor outcomes. As part of this initiative, the regulator is seeking to improve complaints handling procedures, by...
by Emma Cleveland | 2015-09-22 | Our Thinking
UCITS account for around 75% of all collective investments by small investors in Europe and so UCITS V will have a significant impact on a major part of the industry. With implementation planned for March 2018, it is important that firms prepare for the forthcoming...
by Emma Cleveland | 2015-09-11 | Our Thinking
It is often believed that a clause expressly stating that the parties to a contract would be liable for its breach should be inserted within agreements as a safeguard for liability in situations of breach. For example, it is common for the wording of liability and...
by Emma Cleveland | 2015-06-16 | Our Thinking
The Prudential Regulation Authority (“PRA”) has recently published a supervisory statement that identifies the key aspects of board governance that PRA-regulated firms should pay attention to, as they are the aspects which the PRA sees as particularly important to...
by Emma Cleveland | 2015-06-11 | Our Thinking
On 3 January 2017, MiFID II will be implemented with far-reaching implications for many financial services firms. Firms may be concerned about the compliance changes required and the time it may take to ensure they are fully prepared come January. It is important that...
