by Emma Cleveland | 2015-02-24 | Industry News
Since the adoption of the AIFMD, the European Securities and Markets Authority (“ESMA”) has produced a range of material relating to the application of the Alternative Investment Fund Managers Directive such as technical advice, guidelines, regulatory technical...
by Emma Cleveland | 2015-02-11 | Industry News
Following the Brisbane Summit in November, the G20 leaders published a communiqué that addressed many global economic issues. We set out below the following points of regulatory interest from Section 12: The leaders have fulfilled the core commitments made in response...
by Emma Cleveland | 2015-02-11 | Our News
We are pleased to announce that our wide selection of templates and guidance notes are now available to purchase. Our templates will assist with all your drafting requirements in areas such as investment management agreements, investment advisory agreements,...
by Emma Cleveland | 2015-02-04 | Industry News
Financial market infrastructures often contract out a number of their operations, such as IT and telecommunications, to third-party service providers. Their reliance on these third-party service providers makes the contracted services critical for the smooth...
by Emma Cleveland | 2015-02-02 | Industry News
On 13 January 2015 the FCA issued an update regarding the actions the FCA and HM Treasury will be taking for the implementation of MiFID II. Three main workstreams were discussed: FCA MiFID II implementation challenges: The main challenged identified by the regulator...
by Emma Cleveland | 2015-02-02 | Industry News
The Financial Stability Board (“FSB”) has recently published the following documents that were delivered to G20 leaders attending the Brisbane Summit (the G20 Leaders’ Summit is the principal forum for international economic cooperation and decision-making. As...
by Emma Cleveland | 2015-01-28 | Industry News
The Financial Stability Board (“FSB”) has recently published its Standards and Processes for Global Securities Financing Data Collection and Aggregation report. The proposed standards are based on the policy recommendations in the FSB report Policy Framework for...
by Emma Cleveland | 2014-12-10 | Industry News
The FCA have issued a report on their findings of a review of conflicts of interest arising from wealth management and private banking firms’ use of in-house investment products (“IHPs”) in retail discretionary and advisory investment portfolios. The regulator’s...
by Emma Cleveland | 2014-12-09 | Our Thinking
In its TR 13/14 thematic review, the FCA discussed the implications of payment for order flow on best execution and the integrity of the financial markets. The regulator took a clear stance against payment for order flow and declared its active pursuit against the...
by Emma Cleveland | 2014-12-02 | Industry News
On 27 November 2014 the FCA issued their regulatory fees and levies policy proposals for 2015/16 (CP14/26 Regulatory fees and levies: policy proposals for 2015/16). In the paper they have set out the proposed policy changes to the regulator’s fee and levy regimes. The...
