Search Results for: regulators
FCA outlines proposals to extend the Senior Managers and Certification Regime to all financial services firms
July 28th, 2017
In October 2015, HM Treasury announced its intention to extend the Senior Managers and Certification Regime (SM&CR) to all sectors of the financial services industry. The Financial Conduct Authority (FCA) has published proposals to extend the SM&CR to almost ...
LSEG and IBM to develop securities data blockchain solution for European SMEs
July 19th, 2017
Borsa Italiana project plans to digitize securities certificate data to simplify issuance and management of shareholding information Solution aims to create a shared registry of shareholder transaction records Blockchain technology helps expand SMEs’ access to credit and enable shareholder ...
Clearstream to apply for new license under CSD regulation
July 17th, 2017
CSDR to further harmonise European settlement sector and strengthen asset safety CSD applications due end September 2017 Asset safety a key concern for Clearstream Clearstream, the wholly owned subsidiary of Deutsche Börse, has issued today an announcement to inform ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
ESMA Proposes Simplification for Prospectus
July 11th, 2017
The European Securities and Markets Authority (ESMA) is publishing three Consultation Papers (CP) on the Prospectus Regulation. The Prospectus Regulation, in the context of the Capital Markets Union action plan, aims to make it easier and cheaper for companies, ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
Former Audi manager charged. The reason?
July 7th, 2017
The U.S. Justice Department on Thursday said it has charged a former Audi manager with directing employees at the company, a division of Volkswagen AG, to design software to cheat U.S. emissions tests in thousands of Audi diesel cars. ...
European Supervisory Authorities publish Q&A on the Key Information Document (KID)
July 5th, 2017
The Joint Committee, European Supervisory Authorities (ESAs), a forum with the objective of strengthening cooperation between the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) has issued ...
Plus500 released that current trading significantly ahead of market expectations
July 3rd, 2017
Plus500, an online service provider for retail customers to trade CFDs internationally, has issued today a press release to publish a half year trading update. According the announcement: Plus500 today announces that following the announcement made on 2 June ...
U.S. Regulator charged founder of a purported Bitcoin platform with fraud
July 3rd, 2017
The Securities and Exchange Commission filed fraud charges against the clandestine founder of a purported Bitcoin platform and a chain of co-working spaces located in former bars and restaurants, alleging that he bilked investors in both companies while hiding ...
