by Emma Cleveland | 2016-06-09 | Industry News
The European Securities and Markets Authority (“ESMA”) issued an Opinion on 30 May 2016 in response to a letter sent by the European Commission (“Commission”) asking to amend its draft RTS 20 under MiFID II and MiFIR. RTS 20 provides the necessary criteria to...
by Emma Cleveland | 2016-05-26 | Industry News
In 2015 the FCA carried out a thematic review in relation to the benefits (or inducements) provided and received by firms conducting MiFID II business and it included those firms carrying out regulated activities in relation to a retail investment product (“Firms”)....
by Emma Cleveland | 2016-05-20 | Industry News
The latest amendments to the Financial Services Act 2016 (the “Act”) have been published with many provisions such as sections 31, 37 and 39 to 42 having already received Royal Assent on 4 May 2016. Additionally, certain provisions of section 25 of the Act came into...
by Emma Cleveland | 2016-05-10 | Industry News
On 7 April 2016 the European Commission published its Delegated Act which deals in particular with the receipt of investment research under MiFID II and consequently how that will effect UK and EU Investment managers. As part of MiFID II’s inducement rules, MiFID...
by Emma Cleveland | 2016-03-30 | Our News
One of our new clients have recently been in the press: Royal Bank of Scotland have sold its Market Access ETF range (assets of around 360million) to China Post. The purchase was carried out by China Post Global which is the group’s international fund arm and we...
by Emma Cleveland | 2016-03-29 | Industry News
The MiFID II Implementation Trade Association Roundtable took place on 22 February 2016. The minutes from that meeting have recently been published and they discuss: (1) implementing measures and proposals to delay the date of application of MiFID II; (2)...
