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Have the changes to regulation under the FCA changed Compliance teams?
October 22, 2014 – 11:07 am | Be the first to comment on this story.

93By Sue Berwick, Wolters Kluwer Financial Services’ Senior Regulatory Analyst.

The customary summer lull for Compliance teams gets shorter every year, but is much anticipated, even though we never manage to do half of the tasks we plan for it. This year there were only really 2 weeks in August during which the ceaseless churn of regulatory publications slowed to a sloth-like pace and allowed us the time to consider more abstract issues rather than having to focus on the daily grind.

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The trials and tribulations in meeting the UK ‘Client Assets’ regime
October 17, 2014 – 5:30 am | Be the first to comment on this story.
The trials and tribulations in meeting the UK ‘Client Assets’ regime

By Steve Blackbourn, Wolters Kluwer Financial Services’ contributor.
Recent and future changes to the FCA’s UK Client Assets (CASS) regime have updated the requirements upon firms holding and controlling client money and/or customer assets for or …

Finding the right culture in a world full of risk
October 14, 2014 – 9:00 am | Be the first to comment on this story.
Finding the right culture in a world full of risk

By Michael Imeson, Wolters Kluwer Financial Services’ contributor.
Efforts are afoot to improve the risk culture of banks and other financial firms, as Michael Imeson explains.
Risk culture is one of the most important issues facing banks …

Sepa: the next phase
October 10, 2014 – 5:44 am | Be the first to comment on this story.
Sepa: the next phase

By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.
Herculean performance though it was, the enablement from August 2014 of a seamless eurozone-wide clearance system under the platform known as Sepa is just the start of something …

Asian Banks Compelled to Shed Old Skin in “New Normal” Landscape
October 10, 2014 – 5:38 am | Be the first to comment on this story.
Asian Banks Compelled to Shed Old Skin in “New Normal” Landscape

By Gen Soledad, Wolters Kluwer Financial Services’ Manager – Regulatory Analysis Asia
With the torrent of regulations both on the local and overseas fronts, as well as the dramatic change in customer profiles, financial institutions in …

Ensuring UK Financial Promotions comply with the ASA Advertising Codes
October 2, 2014 – 5:35 am | Be the first to comment on this story.
Ensuring UK Financial Promotions comply with the ASA Advertising Codes

By Sharon Williams, Wolters Kluwer Financial Services’ contributor.
In 2013 the Advertising Standards Authority (ASA) investigated 2,364 complaints concerning the financial sector. In 2012 the ASA Annual Report showed that the financial sector was the second …

Regulatory Radar – Issue 32: October 2014
October 2, 2014 – 5:30 am | Be the first to comment on this story.
Regulatory Radar – Issue 32: October 2014

Steve Blackbourn takes a glance at key regulatory events, developments and publications issued during the month of July 2014.

In this edition of the Wolters Kluwer Financial Services’ Regulatory Radar Steve looks at:
 

The case against Lagarde – yet another IMF managing director finds herself in the legal firing line
September 24, 2014 – 9:13 am | Be the first to comment on this story.
The case against Lagarde – yet another IMF managing director finds herself in the legal firing line

By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.
In chronically bureaucratic France the wheels of justice grind exceeding slow, as the International Monetary Fund’s managing director Christine Lagarde is finding out to her considerable annoyance.
A process …

Preventing money laundering within your financial institution
September 23, 2014 – 5:33 am | Be the first to comment on this story.
Preventing money laundering within your financial institution

By Lauren Gentz, BAE Systems Applied Intelligence.
Billion-dollar fines for failing to prevent money laundering have been landing left, right and centre in recent months. There’s renewed focus from banks and other financial institutions on preventing …

The FCA and Transparency – Publication of Board Meeting Minutes
September 22, 2014 – 6:09 am | Be the first to comment on this story.
The FCA and Transparency – Publication of Board Meeting Minutes

By Sue Berwick, Wolters Kluwer Financial Services’ Senior Regulatory Analyst.
During the period prior to the start of the UK’s twin-peaks regulatory structure, when decisions (and legislation) were being made about the Financial Conduct Authority (FCA), …

Regulators publish proposals to improve accountability in the banking sector
September 19, 2014 – 4:35 am | Be the first to comment on this story.
Regulators publish proposals to improve accountability in the banking sector

By Sharon Williams. Wolters Kluwer Financial Services’ contributor.
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have published joint consultations on proposals to improve responsibility and remuneration in the banking sector.
The proposals reflect the …

Work on MiFID II’s implementing measures starts in earnest
September 16, 2014 – 8:23 am | Be the first to comment on this story.
Work on MiFID II’s implementing measures starts in earnest

By Michael Imeson, Wolters Kluwer Financial Services’ contributor.
After three years in the making, MiFID II finally entered into force this summer. But the technical implementing measures now have to be written, so the legislation will …

Our Man in Brussels
September 16, 2014 – 8:20 am | Be the first to comment on this story.
Our Man in Brussels

By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.
Just when the City thought that it would be left high and dry in Brussels’ corridors of power under new supremo Jean-Claude Juncker, it has found an unexpected …