Market abuse
09 February 2021 - Post by:
The UK Financial Conduct Authority (FCA) has emphasised in the latest edition of its Market Watch Newsletter its expectations for firms to record telephone conversations and electronic communications in light of the increased use of alternative working arrangements by employees such as increased homeworking. The FCA has highlighted that risks from misconduct may be heightened › Read More
FCA enforcement priorities during and after the pandemic
28 May 2020 - Post by:
A number of weeks into the Covid-19 pandemic, the FCA has, as you would expect, produced guidance and information for firms, including warnings in this week’s Market Watch 63 about FCA expectations around market conduct. So have the FCA’s enforcement priorities changed? In short, no. But they have adjusted. The FCA’s Covid-19 webpage updates the › Read More
30 March 2020 - Post by:
Federal regulators in the United States are moving quickly to respond to the Covid-19 coronavirus. As part of its Covid-19 coronavirus relief measures, the SEC now permits companies to apply for 45-day filing extensions In recent weeks, the U.S. Securities and Exchange Commission has implemented new relief measures for companies experiencing difficulties meeting their obligations › Read More
FCA annual report 2017/18: Enforcement highlights
20 July 2018 - Post by:
Yesterday afternoon the UK Financial Conduct Authority (the FCA) published its Annual Report. Alongside the Annual Report, the FCA also published its usual Enforcement Annual Performance Report (the Report), which sets out an overview of the FCA’s enforcement activities during 2017/18. Set out below are some of the key points highlighted by the Report. › Read More
Market abuse controls: Global approaches vs. local requirements – which one wins?
08 February 2018 - Post by:
The UK FCA recently imposed a financial penalty of just over £1 million on an online brokerage firm for failing to have adequate controls to identify and report potential market abuse. Each of the FCA’s findings can be traced back to one root cause: reliance on a global approach to identifying and reporting market abuse, › Read More