Fourth Money Laundering Directive
4MLD continues to progress following European Parliament and European Commission deal.
SEC Inspection Priorities
On 13 January 2015, the SEC’s Office of Compliance Inspections and Examinations released their 2015 Examination Priorities.
Regulating Sonia
SONIA (Sterling Overnight Index Average) is one of seven benchmarks which will come under FCA regulation from 1 April 2015.
UCITS share classes
Differing national practices prompt publication of Discussion Paper 2014/1577 – “Share classes of UCITS”.
MiFID II
ESMA has published both its MiFID II Consultation Paper (2014/1570) and its Final Report on technical advice to the European Commission.
European Long-Term Investment Funds
Proposed ELTIF takes significant step forward.
PRIIPs
Key documents for PRIIPs come into force
FCA Strategy Review
Structural reorganisation needed as number of FCA firms treble in 18months
Regulatory Fees and Levies
Proposed policy changes to fee and levy regime