Advising on Investments: FAMR
The joint FCA and HM Treasury Financial Advice Market Review (“FAMR”) final report published on 14 March 2016
Client Money: Loan-Based Crowdfunding
The proposed changes to CASS to allow firms to hold money in relation to both P2P agreements (CASS protection) and business to business agreements (falls outside of CASS protection) without breaching CASS came into force on 21 March 2016
Liquidity Management in Funds
The FCA has published comments – there is no stand-alone paper as such – on ‘Liquidity management for investment firms: good practice’.
MiFID II Delayed
The implementation date of the MiFID II framework (both the Directive and the Regulation) has now been formally extended by one year
The Innovative Finance ISA
From 6th April 2016 the FCA rulebook will be changing to pave the way for the new Innovative Finance ISA
Persons with Significant Control Register Obligation
A reminder that the obligation to maintain a Register of Persons with Significant Control (“PSC”) commences 6 April 2016 – see Regulatory Roundup 62 for background details; note that the […]
Contract for Difference Products: FCA Concerns
Following a review of new client take-on procedures in a sample of ten firms that offered contract for difference products, the FCA has published a ‘Dear CEO’ letter
Client Money: Loan-Based Crowdfunding CP16/4
Since the FCA assumed responsibility for the regulation of loan-based crowdfunding in April 2014, an investor’s money, subject to certain transitional provisions, held by a platform (P2P agreements) – both […]
Thematic Review: Inside Information
Flows of Confidential and Inside Information review published by FCA
Thematic Review: Wealth Management and Suitability
FCA publishes review of wealth management firms and private banks