ESMA News

ESMA launches a Common Supervisory Action with NCAs on valuation of UCITS and open-ended AIFs

The CSA aims to assess compliance of supervised entities with the relevant valuation-related provisions in the UCITS and AIFMD frameworks, in particular the valuation of less liquid assets, and will be conducted throughout 2022. The CSA will focus on authorised managers of UCITS and open-ended AIFs investing in less liquid assets i.e.: unlisted equities, unrated […]

SEC News

SEC Seeks Candidates for Investor Advisory Committee

Washington D.C., Jan. 19, 2022 — The Securities and Exchange Commission is seeking candidates for appointment to the Investor Advisory Committee to help protect investors and improve securities regulations. The committee was established under the Dodd-Frank Wall Street Reform and Consumer Protection Act to advise the Commission, protect investor interests and promote the integrity of the […]

FCA News

FCA confirms approach to European firms temporarily operating in the UK

The regime was designed to ensure that European firms operating in the UK via a passport when the Brexit transition period ended could continue operating temporarily while they seek full authorisation in the UK. The TPR should only be used by firms who want to operate in the UK in the long-term and meet the standards to do so. Firms may be asked to stop undertaking new business or could be removed from the TPR if they miss their ‘landing slot’, fail […]

FCA News

Statement from Nikhil Rathi on Lord Myners

Following news of the death of Lord Myners, Nikhil Rathi, Chief Executive of the FCA, issued the following statement on the organisation’s behalf: ‘I am saddened to hear about the death of Lord Myners. I had the privilege to work closely with Paul during the financial crisis and saw at first hand his ability to […]