This edition includes - Action Plan to Implement the Banking Regulation, SEBI Sets Up Panel on Strengthening Cyber Security, RBI Identifies Twelve Large NPA Accounts, SEBI Eases Restrictions on Nineteen Entities
This edition includes - GCC Countries Cut Diplomatic Ties with Qatar, Fourth EU Money Laundering Directive Effect on DIFC Branches and Subsidiaries, ADGM Makes Changes to Fund Regulations, Oman Issues Sukuk Regulation, DIFC Amendments to Legislation
This edition includes - FCA Consults on the Implementation of the Fourth Money Laundering Directive, ESMA Updates its MiFID II Q&As, ESMA Guidelines on MiFID II Product Governance Requirements
This edition includes DIFC Announces Enactment of DIFC Laws Amendment Law 2017, ADGM Introduces First Calibrated Venture Capital Managers Framework in MENA Region,FCA and SFC Sign FinTech Cooperation Agreement, Bank of Ireland Fined for Breaching Money Laundering and Terror Financing Rules.
On the 13th June, CCL Compliance and CCL Academy co-hosted two briefings highlighting the key impacts of MiFID II for Sell-Side and Buy-Side Firms. These complimentary briefings were designed for compliance and training staff of financial services firms.
This edition includes - Conduct Rules to All NEDs in the Banking and Insurance Sectors, Whistleblowing in UK Branches of Foreign Banks, European Parliament Rejects the European Commission Blacklist of States at Risk of Money Laundering, Wolfsberg Group Updates Guidance on Politically Exposed Persons (PEPs), JMLSG Revises Parts II and III of its Risk-Based Guidance in Line with Proposed Money Laundering and Terrorist Financing Regulation
On the 26th June 2017, the Fourth EU Money Laundering Directive (“MLD4”) comes into force across Europe and through the UK’s Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. The legislative change aims to embody the recommendations made by the Financial Action Task Force (“FATF”) and bring the EU to an equivalent standard.
This edition includes - RBI Announces Draft Guidelines on Simplified Hedging Facility for Residents and Non-Residents, Investments by Foreign Portfolio Investors (FPIs) in Government Securities, SEBI Provides Clarity on Insider Trading Norms.
This edition includes - The FCA Publishes its Mission and Business Plan, MiFID 2 – Level 2 Measures Published in the Official Journal of the EU, Court of Appeal Grants the Appeal of the NCA Against Bank Orders Executed Without its Permission
This edition includes - DFSA Hold Outreach Session for Registered Auditors, ADGM Sign CA with MAS, UAE Push for Gender Balance, Australia Establish Multi-Agency Anti-Money Laundering Unit, US Women Found Guilty of Financing Terrorism.
This edition includes - RBI Cancels Certificate of Six NBFCs, Thirteen NBFCs Surrender their Certificate of Registration, RBI Signs Memorandum of Understanding (MoU) on “Supervisory Cooperation and Exchange of Supervisory Information” with the Central Bank of Nigeria and Bank of Thailand
This edition includes - FCA Quarterly Consultation, Guidance on the Treatment of PEPs Under the Money Laundering Regulations 2017, UK Government Review of AML/CFT Regime, JMLSG Consults on Revised AML/CFT Guidance for the UK Financial Sector, FCA Fines Former Investment Banker for Sharing Confidential Client Information