The UK Financial Conduct Authority (FCA) is planning to lift its ban on asset managers making joint or ‘bundled’ payments to broker-dealers for third-party investment research and execution services.
The change is being...more
In December 2022, the Financial Conduct Authority (“FCA”) carried out a consultation on the introduction of a new regulatory gateway for firms who approve financial promotions. On 12 September 2023, the FCA published Policy...more
From 8 October, firms wishing to make a “financial promotion” relating to a “qualifying cryptoasset” can only do so legally if:
The financial promotion is communicated by an FCA- or PRA-authorised person....more
10/3/2023
/ AIFs ,
Compliance ,
Criminal Penalties ,
Cryptoassets ,
Enforcement Actions ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Promotions ,
Fines ,
FSMA ,
Investment ,
Investors ,
Marketing ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Proceeds of Crime Act 2002 (POCA) ,
Prudential Regulation Authority (PRA) ,
UK
Financial promotions of qualifying cryptoassets are now within the scope of the UK financial promotion regime.
The FCA has published its final policy statement on rules for communicating financial promotions of qualifying...more
6/15/2023
/ Compliance ,
Cooling-Off Rule ,
Cryptoassets ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Promotions ,
Incentives ,
Investment ,
Marketing ,
Prudential Regulation Authority (PRA) ,
Risk Management ,
Securities ,
Stablecoins ,
UK
After some delay, the United Kingdom’s financial services regulator, the Financial Conduct Authority (the “FCA”) has published Consultation Paper CP 22/20 (Sustainability Disclosure Requirements (“SDR”) and investment labels)...more
11/18/2022
/ AIFM ,
Alternative Investment Funds ,
Climate Change ,
Disclosure Requirements ,
Distributors ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Greenwashing ,
Investment ,
Labeling ,
Marketing ,
Retail Investors ,
SFDR ,
Sustainability ,
UCITS ,
UK
On 4 February 2021, less than six weeks before the 10 March 2021 date on which the main operative provisions of the Sustainable Finance Disclosure Regulation (SFDR) start to apply, the European Supervisory Authorities (ESAs)...more