Andrew Bailey, the chief executive of the UK's Financial Conduct Authority, has come in for some opprobrium for his organisation's reluctance to force financial firms to obey the European Union's second Markets in Financial Instruments Directive. In an appearence before the Parliamentary Treasury Select Committee last week he admitted that he had not taken 'enforcement action' in any cases, even though non-compliance is rife.
After a six-month recruitment effort overseen by the Jersey Appointments Commission, the Jersey Financial Services Commission has chosen its next director general, Martin Moloney.
The Australian Securities and Investments Commission has imposed extra conditions on the Australian financial services licence of the estate planning firm of HNW Planning Pty Ltd.
The Financial Services Legislation Amendment Bill will, if passed, create a new regime for regulating financial advice. It is designed to remove the current classifications of advisors and advice firms (authorised, registered or qualified financial entity/QFE) and the distinctions between ‘class advice’ and ‘personalised advice’ and category 1 and 2 products.
The Financial Services Legislation Amendment Bill will, if passed, create a new regime for regulating financial advice. It is designed to remove the current classifications of advisors and advice firms (authoris...
In June 2016, and again in July, Barclays CEO Jes Staley asked his staff to track down the identity of an informant who complained about his recruitment of a friend. For this breach of Barclays' own internal pol...
Money laundering does not recognise borders. At least ten banks were involved in the €200 billion Danske Bank scandal, many of them from European countries. Danske Bank in Estonia and Danske Bank in Denmark mere...
Australia's Federal Court has supported the Australian Securities and Investments Commission's argument that Westpac's sales practices contravened s912A(1)(a) Corporations Act, which the national financial regul...
The Qatar Financial Centre Regulatory Authority's Conduct of Business Rulebook (COND) has remained largely unchanged since 2007, but the regulator is now planning to replace it with new rules that, it hopes, wil...
Andrew Bailey, the chief executive of the UK's Financial Conduct Authority, has come in for some opprobrium for his organisation's reluctance to force financial firms to obey the European Union's second Markets ...
After a six-month recruitment effort overseen by the Jersey Appointments Commission, the Jersey Financial Services Commission has chosen its next director general, Martin Moloney....
The Australian Securities and Investments Commission has imposed extra conditions on the Australian financial services licence of the estate planning firm of HNW Planning Pty Ltd. ...
The US Securities and Exchange Commission is pressing charges against nine defendants for participating in a scheme to hack into its EDGAR system and extract confidential information to use for illegal trading....
After a slow start, the South Korean Financial Services Commission is preparing to devote a large part of its attention to the promotion of financial technology or 'fintech' business. Part of its effort is a loo...