ESMA News

ESMA launches call for evidence on certain investor protection topics in the context of the reports to be submitted by the EC under Article 90 of MiFID II

Article 90 of MiFID II provides that the Commission shall, after consulting ESMA, present a report to the European Parliament and the Council on, inter alia, the impact of the inducements disclosure requirements under MiFID II. In line with the European Commission mandate to ESMA, the call for evidence also concerns the impact of the […]

ESMA News

Call for evidence on Impact of the inducements and costs and charges disclosure requirements under MiFID II

Responding to this paper ESMA invites comments on this paper and in particular on the specific questions summarised in Chapter 3. ESMA will consider all comments received by 6 September 2019. All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input – Consultations’. Publication of responses All contributions received will be published […]

FCA News

BNF Capital Limited (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 […]

FCA News

Charles Randell speech at the Annual Public Meeting 2019

Speaker: Charles Randell, ChairEvent: Annual Public Meeting 2019, LondonDelivered: 17 July 2019Note: this is the speech as drafted and may differ from the delivered version Highlights: The context in which we work is constantly changing. We need to think about how we can meet our growing responsibilities with finite resources. We must recognise that we don’t get things […]

FCA News

Andrew Bailey speech at the Annual Public Meeting 2019

Speaker: Andrew Bailey, Chief ExecutiveEvent: Annual Public Meeting 2019, LondonDelivered: 17 July 2019Note: this is the speech as drafted and may differ from the delivered version Highlights We continue to dedicate significant resource to planning around EU withdrawal.  We have delivered reforms to protect vulnerable consumers in sectors like consumer credit.  While we have seen the conclusion […]