Today marks the fourth anniversary of the European Union's Market Abuse Regulation which replaced the previous Market Abuse Directive. In this article we ask a compliance expert to review its progress.
HM Treasury has delayed the deadline by which firms in the UK that only the Financial Conduct Authority regulates must assess the fitness and propriety of their 'certified persons' for the first time in accordance with the Senior Managers & Certification Regime. It has moved the date from 9 December 2020 until 31 March 2021 to help firms that are affected by the Coronavirus.
Delta Capita, a globally active provider of financial technology or FinTech, has marketed a client lifecycle management (CLM) platform that helps firms fulfil their AML duties and know their customers.
The Securities and Futures Commission of Hong Kong has prohibited Ms Joanna Chu Lai Wa, a former responsible officer, director and head of dealing of Guosen Securities (HK) Brokerage Company, from re-entering the industry until 22 June 2021. This relates to Guosen's failures to comply with anti-money-laundering (AML) rules when handling third-party fund deposits.
Today marks the fourth anniversary of the European Union's Market Abuse Regulation which replaced the previous Market Abuse Directive. In this article we ask a compliance expert to review its progress. ...
Most regulators around the world are staying far away from the question of whether business interruption insurance covers the consequences of the Coronavirus outbreak. Most say that this question can only be ans...
Nearing the end of its spring term, the US Supreme Court handed down a vital securities enforcement ruling yesterday, holding that the SEC can continue to collect 'disgorgement' as a form of equitable relief. Ho...
The European Union’s revised Directive on Payment Services (PSD2) is more than a complex compliance project; it will usher in years of dynamic market change. PSD2 went into full effect on 14 September 2019, bu...
Just over two years on from its introduction into law on 25th May 2018, the European Union's General Data Protection Regulation no longer dominates the business agenda as it once did. However, it has had a lasti...
Delta Capita, a globally active provider of financial technology or FinTech, has marketed a client lifecycle management (CLM) platform that helps firms fulfil their AML duties and know their customers. ...
HM Treasury has delayed the deadline by which firms in the UK that only the Financial Conduct Authority regulates must assess the fitness and propriety of their 'certified persons' for the first time in accordan...
The Monetary Authority of Singapore has published its Guide to Digital Token Offerings. The contents outline the regulator's approach but are not exhaustive, have no legal effect and do not modify or supersede a...
In its latest edition of Complaints Watch, the Hong Kong Monetary Authority has outlined some misbehavioural trends at banks in the last quarter....
The Australian Securities and Investments Commission has given its blessing to changes to the recently-updated Banking Code of Practice in the light of the Coronavirus epidemic....