New Zealand's Financial Markets Authority has imposed conditions on the licence that allows CLSA Premium New Zealand Ltd to issue derivatives. It has now prevented the firm from making offers to, or receiving further funds from, retail investors in relation to derivatives, except in certain limited circumstances.
The Financial Services Commission of Mauritius, the island's regulator for non-bank financial services, is warning investors of an entity called Trust Meridan which is claiming to be regulated by it, having an Investment Dealer Licence Number C125315000.
The UK's Financial Conduct Authority has issued a prohibition order against a former financial advisor who doubled as a compliance overseer (CF10), banning him from finance by reason of his impropriety and unfitness to perform regulated functions.
The first financial firms regulated by the UK's Financial Conduct Authority will 'migrate' from Gabriel to RegData over the weekend of 17 and 18 October and will then do all their regulatory reporting on the latter platform thereafter. Their fellow firms will move across in stages, in accordance with their reporting requirements.
Covid-19 has certainly put an undue amount of pressure on compliance teams to respond quickly to the changing operational circumstances that it has created. One specific area of concern is the detection and prev...
The International Consortium of Investigative Journalists in Washington DC seems to have suffered no consequences so far from an unprecedented act – the printing in public of information gleaned from thousands...
People who operate in the financial sector ought to bridge the gap between compliance and risk because they are effectively one and the same and have the same end-goal. This is never more obvious than in the rea...
A new wave of Corona-centric litigation is on the horizon. Some of this is going to revolve around legislation that few last year would have connected with epidemics, especially the UK’s Proceeds of Crime Act....
Following on from a circular that it issued in January, the Hong Kong Securities and Futures Commission has issued some questions and answers on the subject of the licensing obligations of family offices and mul...
The Financial Services Commission of Mauritius, the island's regulator for non-bank financial services, is warning investors of an entity called Trust Meridan which is claiming to be regulated by it, having an I...
New Zealand's Financial Markets Authority has imposed conditions on the licence that allows CLSA Premium New Zealand Ltd to issue derivatives. It has now prevented the firm from making offers to, or receiving fu...
The UK's Financial Conduct Authority has issued a prohibition order against a former financial advisor who doubled as a compliance overseer (CF10), banning him from finance by reason of his impropriety and unfit...
The first financial firms regulated by the UK's Financial Conduct Authority will 'migrate' from Gabriel to RegData over the weekend of 17 and 18 October and will then do all their regulatory reporting on the lat...
Former Jersey Financial Services Commission Enforcement Director Barry Faudemer has teamed up with a large offshore litigation firm to set up a new business to help financial firms comply with regulations....