FCA’s New Gateway for Financial Promotion Approval
Background On 12 September 2023, the Financial Conduct Authority (“FCA”) published a Policy Statement (PS23/13) (the ‘‘Policy Statement’’), outlining its response to the feedback received in the Consultation Paper (CP22/27). The focus is on creating a new set of rules for authorised firms who approve, or intend to approve, financial promotions for unauthorised firms. Currently, […]
Cryptoassets financial promotion rules implementation timeline changes
Background On 7 September 2023, the Financial Conduct Authority (“FCA”) published a press release announcing its intention to revise the implementation timeline for enforcing specific rules related to the promotions of cryptoassets. These rules were outlined in the financial promotion rules for cryptoassets (PS23/6), which were published on 8 June 2023 (“Crypto Rules”). Additionally, the […]
Chief Executives Connect: The first of its kind!
The first of its kind for Cleveland & Co! On Wednesday 20 September 2023, we hosted our first-ever CEO Roundtable: Chief Executives Connect, led by Tanja Listar, where we engaged in insightful discussions, forged valuable connections, and savoured a delicious lunch with a diverse group of highly accomplished industry professionals! Both productive and fun, everyone […]
ASIC and APRA Corporate Plans 2023-2024
Background On 28 August 2023, the Australian Securities and Investments Commission (“ASIC”) released its 2023-2027 corporate plan (with a focus on 2023-2024). On 29 August 2023, the Australian Prudential, and Regulatory Authority (“APRA”) released its 2023-2024 corporate plan. APRA’s Corporate Plan Update The APRA Corporate Plan strategies have been shaped by recent global events, most […]
