With many of the EU Benchmark Regulation’s more complicated and longer term implications coming into force at the beginning of January 2018 (at the same time as MiFID II), you can no longer ignore this regulatory change. Please note that registration for this is event is now closed. The regulation has significant implications for administrators, […]
Our next briefing will look at the challenges and potential benefits of taking a more strategic and integrated approach to responding to regulatory change. We also review the recent Solvency II implementation experience to see if there are any lessons firms can take forward to apply to implementing new regulations on the horizon such as the IDD, GDPR, and PRIIPs.
ICA and Bovill joint briefing Please note that bookings for this event are now closed. The Criminal Finances Act 2017 received Royal assent on 27 April 2017 and enshrines into law new criminal offences for corporations that fail to prevent “associated persons” (including employees and other persons that provide services for or on behalf of […]
The FCA has now published its 2017/2018 Business Plan. Alongside this, the FCA has also released:
• its ‘Mission’ – a high-level document that sets out the framework for the strategic decisions the FCA makes, the reasoning behind its work, and the way it chooses which tools to use
• Sector Views – highlighting the issues and developments the FCA sees in the sectors it regulates.
We are hosting another round table for senior CASS professionals to discuss client assets with peers under the Chatham House rules and it’d be great if you could attend and contribute. The details are as follows: Date: Tuesday 16th May Time: 5pm – 6.30pm Venue: Bovill Limited, 82 Blackfriars Road, London, SE1 8HA Drinks and nibbles […]
Understandably, we’ve seen lots of focus on the big headline MiFID II topics like transaction reporting, best execution, aggregation of costs and charges and product governance. But we reckon it’s time to focus on some of the other elements that haven’t grabbed so many headlines, but that are nevertheless posing challenges for the firms we’ve recently been supporting with MiFID II implementation.
All organisations agree that embedding good governance is a key part of their agenda. Despite this consensus, ‘good governance’ is an elusive concept, meaning different things to different firms. This briefing focused on what the FCA looks for in a firm’s governance arrangements. We paid particular attention to how you can demonstrate good governance, to […]
Some of the most far-reaching changes under MiFID II concern market structure, with a new venue type introduced (OTF), an overhaul and extension of the regime for Systematic Internalisers (SI), and tough new rules around High-Frequency Trading (HFT). On top of this, transparency is a core theme of MiFID II and consequently, we will see […]
The FCA appears to be making headway with authorising peer-to-peer lending platforms but with many firms still not through the authorisation process, it is by no means the end of the journey. This is a specific forum for firms to discuss P2P issues with peers under the Chatham House rules. Fox Williams and Bovill are holding this round table and we would be delighted if you can join us.
With a continued regulatory focus on financial crime for 2017, this briefing will take a look at the financial crime framework. We are paying particular attention to the areas of governance, risk appetite, management information and due diligence.