This edition includes - FCA Updates on Firm Handling of Complaints During COVID-19, FCA Consults on Extension of Annual Financial Crime Reporting Obligation, Wolfsberg Group Publishes Statement on Developing an Effective AML/CTF Programme.
This edition includes - DIFC Issues Amendments to the Common Reporting Standard Law and Regulations, ADGM and Sunline Collaborate on the Development of FinTech Solutions in the Digital Lab, IOSCO Examines the Evolution of Liquidity Provision in Equity Securities Markets, High Court Orders Illegal Pension Introducers to Pay £10,715,000 Restitution to Consumers.
The DIFC Data Protection Law 2020 (“DPL”) will be in full force on 1st October 2020 following its enactment on...
This edition includes - FCA Consults on Extending Deadline for Certification Regime and Conduct Rules, PRA Revised Version of Complaints Scheme, HM Treasury Proposes to Strengthen Rules on Financial Promotions, HM Treasury Consults on Economic Levy.
This edition includes - DFSA’s 2020 Summer Innovation Testing Licence Programme Update, CBUAE and ADGM Invite Applications for the 2020 Innovation Challenge, SCA Embarks on a Project to Restructure the Legislative System for Broker Classification, 12 Month Review of Revised FATF Standards - Virtual Assets and VASPs, Hong Kong Regulator Imposes $25.2M Fine on Guotai Junan Securities.
This edition includes - DFSA and Deloitte Middle East Publish Discussion Paper on Digital Assets Custody, ADGM and FSRA Make Amendments to Regulations, SCA Launches a New Version of its Digital Platform, FATF Proposes Amendment to Recommendation 1 to Include Proliferation Financing Risk, Deutsche Bank Fined $150million for Compliance Failures.
This edition includes - FCA Guidance on Assessing Adequate Financial Resources, PRA Statement on Electronic Signatures, ESMA Guidance on Compliance Function Under MiFID II, Official Journal Amended List of High-Risk Third Countries, FCA Fines Lloyds Bank Plc, Bank of Scotland Plc and The Mortgage Business Plc.
This edition includes - FCA Extends Period to Cover Absent Senior Managers, FCA Allows Individuals to Carry Over CPD from COVID-19, ESMA Issues Public Statement on COB Obligations from Increasing Retail Activity, FATF COVID-19 Related Money Laundering and Terrorist Financing Risks.
This edition includes - DFSA Takes Action Against Two Firms and Three Individuals, Entities Required to Notify ADGM Regarding New Economic Substance Regulations, SCA Discusses Initiatives to Regulate OTC Market and Measures to Contain COVID-19 Consequences, FATF Releases COVID-19 Challenges Good Practice and Policy Response Paper, BNP Paribas Chinese Unit Fined for Anti-Money Laundering Violations.
This edition includes - DFSA Release Joint Guidance Dear SEO Letter, ADGM Announces Further Incentives to Support Businesses, SCA Hold Meeting on Internal and External Actions for COVID-19 Measures, ESMA Releases COVID-19 Recommendations, Australian Bank WestPac Anticipates US$578 Million Money Laundering Fine.
This edition includes - FCA on Received Queries on Clients Assets Compliance During COVID-19, FCA Messages Firms Can Provide for Customers on Investments Following Market Volatility, ESMA Publishes Advice to the European Commission on Inducements and Costs and Charges Disclosure, FATF Statement on Measures to Combat Illicit Financing.
This edition includes - DFSA Implements Changes to the SME Listing Regime, ADGM Launches Support Measures for Registered Businesses to Counter the Impact of COVID-19, UAE Central Bank Issues Regulation on Dormant Accounts, FCA and PRA Provide COVID-19 Guidance for Firms, Swedbank Fined $397 Million Over Anti-Money Laundering Measures.