by Victoria Smith | 2023-01-10 | Our Thinking
summary In March 2022, the European Union (“EU”) Commission and the United States (“US”) announced that they had agreed, in principle, on a new EU-US Data Privacy Framework (the “Framework”) to facilitate the transatlantic flow of EU personal data to the US. In...
by Victoria Smith | 2022-12-14 | Our Thinking
Recent regulatory action and fines against a top investment firm highlight the Securities and Exchange Commission (“SEC”) focus on ESG when marketing products as an ESG investment. Firms that fail to ensure proper selection and monitoring of their ESG investments may...
by Victoria Smith | 2022-12-12 | Our Thinking
summary On 1 November 2022, the Financial Conduct Authority (“FCA”) published a speech by Therese Chambers (Director of Consumer Investments, FCA) on key priorities for the financial services industry. In its speech, the FCA stated that it wanted to see more consumers...
by Victoria Smith | 2022-11-24 | Our Thinking
summary On 21 July 2022, HM Treasury, with the Bank of England, the Financial Conduct Authority (“FCA”) and the Prudential Regulation Authority (“PRA”), issued a discussion paper (the “Paper”), setting out its proposal for mitigating risks of systemic disruption and...
by Victoria Smith | 2022-11-22 | Our Thinking
The SEC’s new Marketing Rule means changes to the way investment advisers can communicate with their investors. Firms will need to ensure they are compliant with the new Marketing Rule by making updates to their marketing materials, contracts and policies and...
by Victoria Smith | 2022-11-17 | Our Thinking
In 2022, the UK ICO released topic-specific guidance on employee monitoring. The guidance was published in draft form and is open to consultation until 11 January 2023. The ICO reviewed the Employment Practices Data Protection Code to reflect changes in the workplace...
