by Leela | 2017-11-29 | Industry News, Our Thinking
The European Securities and Markets Authority (“ESMA”) has issued two warning statements on initial coin offerings (“ICOs”), one on the risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA is concerned about the rapid growth in...
by Emma Cleveland | 2017-09-30 | Our Thinking, Us in the Press
Emma explains this LexisNexis interview what ESMA says about algorithmic trading, commodity derivatives, and other topics in its Q&As. Please click here to read more.
by Emma Cleveland | 2017-09-11 | Our Thinking, Us in the Press
Our research on the Senior Managers Certification Regime shows that the number of individuals who can be held personally responsible for misconduct is expected by increase 20-fold. The implication is that firms will be required to provide extra training for affected...
by gcleve | 2017-09-08 | Our Thinking
On 26 July 2017, the FCA published its consultation paper CP 17/25 regarding the extension of the Senior Managers & Certification regime (“SM&CR”) to all FCA firms. The purpose of extending the SM&CR regime is to raise the standard of conduct for everyone...
by gcleve | 2017-07-07 | Our Thinking
On Monday 3 July 2017, the FCA released policy statement 17/14 (“PS 17/14”) with the final rules on the implementation of MiFID II. The impact in particular on brokers and analysts will be great due to the new regulations focused on how research can be paid for....
by Emma Cleveland | 2017-05-03 | Our Thinking
On 4 April 2017, ESMA added 10 new questions and answers to its Q&A on MiFID II and MiFIR investor protection topics (the “Q&A”). The purpose of the Q&A is to provide clarity on various investor protection-related topics with the aim of promoting a common...
