Our September 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.
This month we cover the following:
- UK:
- Price and value outcome: Good and poor practice update
- Oversight of Appointed Representatives improving but more to do, says the FCA
- Update on PRIIPs reform – regulatory forbearance for investment trusts
- FCA sets out temporary measures for firms on “naming and marketing” sustainability rules
- Update on the extension of the SDR regime to Portfolio Management
- FCA feedback on missing data in AIFMD “Annex IV” reports
- A targeted and outcomes-based approach to tackling financial crime; and, Frameworks for effective fraud prevention measures
- Market cleanliness statistics 2023/24
- City and Merchant Limited – lessons learnt
- FCA sets out its evolving approach to enforcement
- FCA Enforcement data 2023/24
- Prescribed Persons Annual Report 2023/24
- EU:
- European supervisory authorities warn of risks from economic and geopolitical events
- US:
- CFTC adopts amendments to Regulation 4.7
- FinCEN requires registered investment advisers and exempt reporting advisers to develop AML/CFT programs
- SEC charges eleven investment managers with failing to report certain securities holdings
- SEC fines twelve more firms for recordkeeping failures
- Self-reporting firm not fined amidst continued off channel communications sweep
- SEC fines nine firms amidst ongoing examination sweep into Marketing Rule
- SEC charges investment adviser for misleading statements
- SEC fines two firms for custody failures
- NFA permanently bars former NFA member and its principal
- Key upcoming dates and deadlines
Click below to view and download our September 2024 Newsletter:
September 2024 Monthly Regulatory Newsletter
Click for further articles on the latest regulatory developments.
Our September 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.
This month we cover the following:
- US:
- CFTC adopts amendments to Regulation 4.7
- FinCEN requires registered investment advisers and exempt reporting advisers to develop AML/CFT programs
- SEC charges eleven investment managers with failing to report certain securities holdings
- SEC fines twelve more firms for recordkeeping failures
- Self-reporting firm not fined amidst continued off channel communications sweep
- SEC fines nine firms amidst ongoing examination sweep into Marketing Rule
- SEC charges investment adviser for misleading statements
- SEC fines two firms for custody failures
- NFA permanently bars former NFA member and its principal
- UK:
- Price and value outcome: Good and poor practice update
- Oversight of Appointed Representatives improving but more to do, says the FCA
- Update on PRIIPs reform – regulatory forbearance for investment trusts
- FCA sets out temporary measures for firms on “naming and marketing” sustainability rules
- Update on the extension of the SDR regime to Portfolio Management
- FCA feedback on missing data in AIFMD “Annex IV” reports
- A targeted and outcomes-based approach to tackling financial crime; and, Frameworks for effective fraud prevention measures
- Market cleanliness statistics 2023/24
- City and Merchant Limited – lessons learnt
- FCA sets out its evolving approach to enforcement
- FCA Enforcement data 2023/24
- Prescribed Persons Annual Report 2023/24
- EU:
- European supervisory authorities warn of risks from economic and geopolitical events
- Key upcoming dates and deadlines
Click below to view and download our September 2024 Newsletter:
September 2024 Monthly Regulatory Newsletter
Click for further articles on the latest regulatory developments.
