FCA enforcement – June 2021
Topic: Failing the FCA Threshold Conditions Subject of Enforcement: Gedik International LTD Date of Notice: 18th June 2021 Overview: On 27th March 2020, an application was received by the Financial Conduct Authority from Gedik International LTD to vary it Part 4A...
FCA Updates – June 2021
Topic : FCA Review: Authorised Fund Management Firms Date : 30th June 2021 Overview: FCA Review finds weaknesses in some ‘host’ Authorised Fund Management Firms’ Governance and Operations Following a review on a number of firms, the FCA has called...
Announcement – CISI Membership
Brooklands Co-CEO Authorised as a Member (MCSI) of the Chartered Institute of Securities and Investments (“CISI”) Brooklands is pleased to announce that its Founding Partner and Co-CEO has been authorised as a Member of the Chartered Institute of Securities and...
AMENDMENTS TO THE AIFMD MARKETING RULES
WHAT ARE THE PROPOSED CHANGES AND HOW WILL THEY AFFECT UK ASSET MANAGERS AND DISTRIBUTORS? What do the New Rules Cover and When will they be coming into Effect? On 2 August 2021, revised rules (the “Rules”) in relation to...
FCA Updates – May 2021
“Why Diversity and Inclusion are regulatory issues” 17/03/2021 Nikhil Rathi, the CEO of the FCA delivered a speech at the launch of the HM Treasury Women in Finance Charter Annual Review in March 2021 in which explained that the FCA...
THE FCA HAS LAUNCHED A CONSULTATION PROCESS IN RELATION TO POTENTIAL CHANGES TO MIFID
FCA takes first steps in using increased independent powers derived from Brexit to boost the UK as an investment friendly jurisdiction The FCA has launched a consultation process in relation to potential changes to MiFID’s conduct and organisational requirements....
FCA enforcement – May 2021
Topic: FCA Disciplinary Process Subject of Enforcement: LF Woodford Equity Income Fund Date of Notice: 28 May 2021 Overview: On 28 May 2021, Nikhil Rathi, the Chief Executive of the FCA wrote to Rt Hon. Mel Stride MP, Chair of the Treasury Select...
REGULATING THE UK AS A GLOBAL FINANCE CENTRE
Nausicaa Delfas, the Executive Director of International, Interim Chief Operating Officer and a member of the Executive Committee at the FCA delivered a speech at the City & Financial Global’s Future of UK Financial Services Regulation Virtual Summit in April...