by Emma Cleveland | 2017-05-10 | Industry News
The FCA released its Mission Statement and Business Plan for 2017/18 on 18 April 2017, revealing that the FCA will conduct a market study to explore how ‘direct to consumer’ and intermediated investment platforms compete to win new clients and retain existing...
by Emma Cleveland | 2017-05-09 | Awards, Our News, Us in the Press
We are thrilled to announce that Emma has been shortlisted for a First Women Award in the category – Disruptor of the Year! Since its launch in 2005 the First Women Awards have grown in influence and impact, leading the way in recognising and celebrating the...
by Emma Cleveland | 2017-05-04 | Industry News
In his recent speech at the Innovate Finance Global Summit, Christopher Woolard, Executive Director of Strategy and Competition at the FCA, was very positive about the direction of travel the FCA’s Project Innovate is taking. Mr Woolard highlighted that the demand...
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...
by Emma Cleveland | 2017-04-27 | Industry News
On 31 March 2017, The European Securities and Markets Authority (“ESMA”) published an update of its Questions and Answers (“Q&As”) regarding the implementation of the Central Securities Depository Regulation (“CSDR”). The first version of the Q&As was...
by Emma Cleveland | 2017-04-20 | Our Thinking
On 27 March 2017, The Investment Association (the “IA”) published a consultation (the “Consultation”) which provides a draft industry standard code (the “Code”) with respect to the reporting of charges and transactions costs. This Consultation has been published for...
by Emma Cleveland | 2017-04-13 | Our Thinking
On 15 September 2016 last year, the HM Treasury released a consultation on how the Fourth Anti Money Laundering Directive and the Fund Transfer Regulation would be implemented in the UK (the “Consultation”). As a result of the Consultation, the UK Government has made...
by Emma Cleveland | 2017-04-12 | Industry News
The Investment Association (which represents Investment Managers) and the Association for Financial Markets in Europe (the trade body that represents banks and brokers) (together, the “Associations”) have published a new code of conduct for the communication of...
by Emma Cleveland | 2017-04-06 | Our Thinking
The FCA expects firms to deliver consistent best execution for their clients and have a strategy to ensure that all relevant parts of the business are compliant in ensuring best execution. The FCA expects a clear management responsibility and co-ordination between the...
by Emma Cleveland | 2017-04-04 | Industry News
The Basel Committee (the “Committee”) has recently published a second consultation on guidelines for identification and management of step-in risk, which follows on from a previous consultation issued in December 2015. The previous consultation set out a framework for...
