UK fund providers will have until 15 September 2019 to submit a ‘Brexit licence’ to the Luxembourg regulator to continue trading in the Grand Duchy.
Legal & Regulation
With the FCA’s Policy Statement PS18/8 due to come into effect from 30 September 2019, Authorised Fund Managers (AFMs) will need to publish Assessment of Value reports from the end of January 2020 (within four months of their funds’ year-end).
A global RegTech company has seen enquiries for its software triple as financial services firms prepare for a Post-Brexit landscape.
The Securities and Exchange Commission has charged New York-based broker-dealer AOC Securities, and its former chief executive officer, Ronaldo Gonzalez, with failing to supervise an AOC broker who provided inflated price quotes for certain securities to a significant customer of AOC.
Capital markets and banking technology specialist Sensiple is bringing its Regtech product SETREGA for MiFIDII, SFTR and EMIR compliance and reporting to the FR2 data centre in Frankfurt as part of a new agreement with Transaction Network Services (TNS).
A survey conducted on preparation for the FCA’s Senior Managers and Certification Regime, (SM&CR) has revealed that most firms have significant work to do, as they prepare for its extension to all authorised firms on 9 December.
The SEI Master Trust has been granted authorisation by The Pensions Regulator.
US Commodity Futures Trading Commission Chairman Heath P Tarbert has announced the following appointments to the CFTC’s executive leadership team.
Research by global financial services regulatory consultancy Bovill finds that despite the FCA pursuing 19 investigations under the Senior Managers and Certification Regime (SMCR), to date there has been only one successful enforcement action.
The US Securities and Exchange Commission (SEC) announced a whistleblower award to an anonymous overseas foreign national of half a million dollars.