ESMA calls for modification of UCITS Directive
The European Securities and Markets Authority (ESMA) has published an Opinion to the European Union (EU) institutions on the impact of EMIR on UCITS. In…
The European Securities and Markets Authority (ESMA) has published an Opinion to the European Union (EU) institutions on the impact of EMIR on UCITS. In…
The Financial Conduct Authority (FCA) has set out the issues it will focus on as part of its market study into competition in investment and…
Buy-side firms are under a global microscope to ensure they act in the best interests of their clients, according to TABB Group in the first…
Now that Europe has begun to implement a much-delayed program of reforms reshaping the landscape for swap market participants, TABB Group in new research, “European…
The US department of Justice has announced a law enforcement action against financial institutions that participated in a display of collusion and foreign-exchange rate market…
The Financial Conduct Authority (FCA) has fined Paul Reynolds (formerly known as Paul Brian Reynolds) £290,344 and banned him from performing any function in relation…
ESMA has updated it’s Q and A for the Alternative Investment Fund Managers Directive. The answers are intended to help AIFMs by providing clarity as…
In a speech on May 11th 2015, Commissioner Luis A. Aguilar of the U.S. Securities and Exchange Commission has spoken of the need to undertake a thorough…
Basel III and CRD IV are impacting banks’ leverage ratios, capital requirements and consequently all market participants with smaller balance sheets. Tier 2 and 3…
The U.S. Commodity Futures Trading Commission (Commission) approved for public comment a proposed rulemaking that would reduce reporting and recordkeeping requirements for trade option counterparties…
The sequel to MiFID I represents a significant increase in data and complexity for transaction reporting. The Markets in Financial Instruments Regulation, scheduled to come into force…
The European Securities and Markets Authority (ESMA) has issued the 13th update of its Q&A document on the implementation of the European Markets Infrastructure Regulation…
Two new Aite Group reports, The Swiss Independent Asset Manager’s Future: Regulation to Cull the Herd? and Swiss Independent Asset Management: Evolve and Survive, address the plight of Swiss…
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related…
Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387…
The Volcker Alliance, a non-partisan, non-profit organization founded by former Chairman of the Board of the Federal Reserve Paul A. Volcker to address the challenge…
After analysing trends in the financial markets and its investment portfolio, as well as forthcoming changes to prudential regulations, such as Solvency II, CNP Assurances decided…
Boat Services Ltd, independent OTC trade reporting service provider, has announced that it will apply for approved publication arrangement (APA) authorization under MiFID II. …
The International Organization of Securities Commissions (IOSCO) has published two consultation reports aimed at further enhancing the ability of financial markets and intermediaries to manage…
Milford Asset Management has been suspended from its role as asset manager by The Guardians of New Zealand Superannuation, the manager of the New Zealand…