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Need to know: the burning issue of dealer commissions
September 11, 2014 – 6:28 am | Be the first to comment on this story.

81By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.

The Investment Management Association in Britain and Europe’s main securities regulator are heading for conflict over the fraught issue of dealer commissions.

In a matter that vitally concerns all those firms that provide the research – investment banks, brokers and independent research houses among others, European regulator ESMA wants the existing system scrapped on the grounds the commissions are poorly disguised inducements. Read the full story »

The FSA, FCA and Discussion Papers
September 10, 2014 – 9:36 am | Be the first to comment on this story.
The FSA, FCA and Discussion Papers

By Sue Berwick, Wolters Kluwer Financial Services’ Senior Regulatory Analyst.
The Financial Conduct Authority (FCA) published Discussion Paper (DP) 14/1 entitled ‘ Recovering the costs of administering the regulatory gateway through application fees’ on 23 June …

Sanctions: the high cost of failed compliance
September 8, 2014 – 6:27 am | Be the first to comment on this story.
Sanctions: the high cost of failed compliance

By Nick Kochan, Wolters Kluwer Financial Services’ contributor.
Sanctions policy is now, more than ever, an essential part of a compliance regime. As sanctions close round Russia for its activities in Ukraine in the wake of …

Review launched to restore confidence in Wholesale Markets
September 2, 2014 – 12:34 pm | Be the first to comment on this story.
Review launched to restore confidence in Wholesale Markets

By Sharon Williams, Wolters Kluwer Financial Services’ contributor.
In June 2014, the UK Government announced the launch of a Wholesale Markets Review, with the aim of restoring confidence in the UK wholesale financial markets. In this …

Regulatory Radar – Issue 31: September 2014
September 2, 2014 – 12:31 pm | Be the first to comment on this story.
Regulatory Radar – Issue 31: September 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:

Firms, consumers, commentators, lend me your ears. What are FCA speeches for?
August 29, 2014 – 4:38 am | Be the first to comment on this story.
Firms, consumers, commentators, lend me your ears. What are FCA speeches for?

By Sue Berwick, Wolters Kluwer Financial Services’ Senior Regulatory Analyst.
At the beginning of May 2014 the Financial Conduct Authority’s (FCA’s) Director of Supervision, Clive Adamson, delivered a speech to the Building Societies Association looking at …

Of hedge funds, integrity and the strange tale of Dr Micalizzi and the bond that never was
August 27, 2014 – 6:33 am | Be the first to comment on this story.
Of hedge funds, integrity and the strange tale of Dr Micalizzi and the bond that never was

By Adam Samuel, Wolters Kluwer Financial Service’ contributor.
Last month (July 2014), the Upper Tribunal continued to demonstrate the fact that wholesale and retail compliance are becoming increasingly similar. It upheld the general prohibition order placed …

Much water under the regulatory bridge – banks are hiring truck loads of compliance specialists after five years of reform
August 27, 2014 – 6:30 am | Be the first to comment on this story.
Much water under the regulatory bridge – banks are hiring truck loads of compliance specialists after five years of reform

By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.
The gargantuan fines levied against banks that breach money-laundering rules – and they’re due to reach an astronomical $250bn within the next five years according to the latest …

David Green QC: Setting the new UK enforcement agenda at the SFO
August 27, 2014 – 6:25 am | Be the first to comment on this story.
David Green QC: Setting the new UK enforcement agenda at the SFO

By Nick Kochan, Wolters Kluwer Financial Services’ contributor.
David Green QC, the Director of the Serious Fraud Office, has a very bold agenda for his agency. He is not only pushing through more prosecutions of high …

Demonstrating a proper control of IT security vulnerabilities
August 14, 2014 – 6:48 am | Be the first to comment on this story.
Demonstrating a proper control of IT security vulnerabilities

By Steve Blackbourn, Wolters Kluwer Financial Services’ contributor.
Issues of data risk and security can raise the interest and criticism of numerous regulators, whether it involves personal information or simply an inappropriate use or misuse of …

European policy makers add detail to the Solvency II regime
August 11, 2014 – 10:04 am | Be the first to comment on this story.
European policy makers add detail to the Solvency II regime

By Michael Imeson, Wolters Kluwer Financial Services’ contributor.
After many delays, EIOPA, the European Commission and national regulators are putting the finishing touches to Solvency II, writes Michael Imeson.
Risk and capital management experts in insurance companies …

Junckernaut rolls into Brussels – new European Commission president wants a banking supremo
August 7, 2014 – 5:19 am | Be the first to comment on this story.
Junckernaut rolls into Brussels – new European Commission president wants a banking supremo

By Selwyn Parker, Wolters Kluwer Financial Services’ contributor.
The Bank of England and the City of London may be spoiling for a fight with the incoming president of the European Commission Jean-Claude Juncker over plans to …

European policy makers add detail to the Solvency II regime
August 7, 2014 – 5:16 am | Be the first to comment on this story.
European policy makers add detail to the Solvency II regime

By Michael Imeson, Wolters Kluwer Financial Service contributor.
After many delays, EIOPA, the European Commission and national regulators are putting the finishing touches to Solvency II, writes Michael Imeson.
Risk and capital management experts in insurance companies …