by Emma Cleveland | 2014-10-21 | Our Thinking
On 1 October 2014 the European Securities and Markets Authority (ESMA) published its Work Programme for the upcoming year. In it ESMA has set out four operational objectives: supervision, the single rulebook, convergence, and risk monitoring analysis.For an overview...
by Emma Cleveland | 2014-08-05 | Our Thinking
The FCA has recently completed the second stage of its thematic review on how firms and advisors are implementing RDR requirements. TR 14/5 focuses with greater clarification on what actions firms should take to meet the new independence requirements. TR 14/6...
by Emma Cleveland | 2014-07-23 | Our Thinking
Much has been discussed over recent years in relation to the importance of stewardship by investors, and this is not to be diminished. But should you be contractually agreeing to comply with it in your client agreements? The first version of the FRC’s UK Stewardship...
by Emma Cleveland | 2014-07-09 | Our Thinking
Below we have provided a glance card, outlining the key upcoming changes to CASS in respect of custody services. Should you require any further advice or information on CASS custody changes, Cleveland & Co, your external in-house counsel, are here to...
by Emma Cleveland | 2014-06-26 | Our Thinking
Do you often get resistance from US investment managers when asking them to comply with UK regulations when they are being appointed to manage a UK UCITS scheme? Here is a short Q&A which will help you understand why. US investment managers tend to push back on...
by Emma Cleveland | 2014-06-10 | Our Thinking
Are you an investment manager? Do you often get asked by Trustees of pension funds to contractually agree to comply pension related legislation and regulation in your IMAs? Here is a short Q&A which will help you decide how to respond to these requests. It is...
