SEC News

SEC Names Danae M. Serrano as Ethics Counsel

The Securities and Exchange Commission today announced that Danae M. Serrano has been named the agency’s Ethics Counsel. Ms. Serrano has served as Acting Ethics Counsel since December 2018.  “Danae has been a strong and capable leader of the agency’s ethics and compliance program since she stepped into the role of Acting Ethics Counsel late […]

FCA News

Regulation round-up March 2019

March 2019 is the last month Regulation round-up will be available on our website. You can continue to receive Regulation round-up each month by signing up to our newsletter. March 2019 Quick Links Introduction: Nausicaa Delfas, Executive Director of International Yesterday, the Government confirmed that the date we will leave the EU has changed. The Government has agreed with […]

Regulatory News

Opportunities, risks and challenges: considering financial regulation and technological innovation – Gerry Cross, Director, Financial Regulation – Policy & Risk

26 March 2019 Speech Remarks delivered at Funds Europe, European FundTech Lab event I would like to thank Funds Europe for inviting me to speak at today’s event. The mission of the Central Bank is to serve the public interest including by working to ensure that the financial system […]

FCA News

Wellingtoninv (clone of authorised firm)

Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm. This is what we call a ‘clone firm’; and fraudsters usually […]

SEC News

SEC Awards $50 Million to Two Whistleblowers

The Securities and Exchange Commission today announced awards totaling $50 million to two whistleblowers whose high-quality information assisted the agency in bringing a successful enforcement action.  One whistleblower received an award of $37 million and the other received an award of $13 million.  The $37 million award is the Commission’s third-highest award to date after […]

AMF News

Retrait obligatoire et expertise indépendante : l’Autorité des marchés financiers conduit une réflexion sur les pistes d’évolution et annonce la constitution d’un groupe de travail

Dans le cadre du projet de loi PACTE (1) en voie d’adoption au Parlement, l’AMF a décidé d’ouvrir une réflexion sur une possible évolution des pratiques et de la réglementation relative au retrait obligatoire et à l’expertise indépendante, avec comme objectif une meilleure protection des actionnaires minoritaires. Dans ce contexte, un groupe de travail, co-présidé […]

ESMA News

ESMA responds to EC consultation on update of reporting guidelines to reflect climate-related disclosures

The European Securities and Markets Authority (ESMA) welcomes the European Commission’s proposal to update the non-binding Guidelines on non-financial reporting with the introduction of a specific supplement addressing climate-related disclosures. ESMA takes the opportunity to make some recommendations on how the Guidelines can be further developed to promote higher quality disclosures. ESMA, building on the […]