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 […]
Author: admin
New rules for claims management companies to boost consumer protection and professionalism
From next April, all CMCs set up or serving customers in England, Scotland and Wales will have to be authorised by the FCA to continue operating legally. To be authorised by the FCA they must demonstrate they meet minimum standards to operate. Any firm that isn’t authorised will have to stop handling claims. In PS18/23: […]
Economic Letter: A monthly indicator of economic activity for Ireland
17 December 2018 Press Release An Economic Letter by Thomas Conefrey and Graeme Walsh sets out a new indicator of economic activity for Ireland. The Business Cycle Indicator (BCI) helps to address two key difficulties faced by analysts in assessing current economic conditions – the fact that standard […]
Décision du 27 novembre 2018 relative à l’approbation des règles de fonctionnement du Système multilatéral de négociation “NowCP”
Décision du 27 novembre 2018 relative à l’approbation des règles de fonctionnement du Système multilatéral de négociation “NowCP” – AMF Menu :Réglementation Table de jurisprudence Télécharger Règles professionnelles approuvées et contrats de liquidité Marchés Décision du 27 novembre 2018 relative à l’approbation des règles de fonctionnement du Système multilatéral de négociation […]
Discours de Benoît de Juvigny, Secrétaire général de l’AMF – Conférence Better Finance and FESE International – « Capital Markets 2024 » – Bruxelles – 5 décembre 2018 (en anglais uniquement)
We are now 11 months into the application of MiFID II, and although, as a national regulator, I am well aware that its implementation has not been a walk in the park for the industry – nor for regulators – I do believe that I should not shy away from expressing satisfaction at some of […]
Jeffrey S. Mooney Named Associate Director in the Office of Clearance and Settlement
Washington D.C., Dec. 14, 2018 — The Securities and Exchange Commission today announced that Jeffrey S. Mooney has been named Associate Director of the Office of Clearance and Settlement in the agency’s Division of Trading and Markets. Mr. Mooney joined the SEC staff in 1996 and has served in a variety of roles, most recently as […]
ESMA Budget Amendment n.1 for 2018
Download PDF Original Article Here
FCA introduces new rules on handling complaints about Authorised Push Payment fraud
In the case of APP fraud, the PSP is often a bank which holds the accounts of either the victim or fraudster. Currently, the sending PSP, but not the receiving PSP, must handle these complaints in line with existing complaints handling rules in the FCA Handbook. These obligations have now been extended to the receiving […]
18-4061
Publication Date: 13/12/2018 Theme: Financial Markets Topic: Accounting/IFRS Original Article
FCA and PSR Boards appoint new members to decision-making committees
The Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) Boards have appointed new members to three decision-making committees: the FCA’s Competition Decisions Committee (CDC) and the PSR’s Competition Decisions Committee and Enforcement Decisions Committee (EDC). These three committees are responsible for taking certain competition law and regulatory decisions when a settlement cannot be reached. […]