We have now updated our two guides on the Alternative Investment Fund Managers Directive (AIFMD), which has now been in force for some time. Both guides are now in their sixth iteration.
The first guide considers whether the AIFMD marketing passport is working in practice and is a useful tool for managers as
We have now updated our two guides on the Alternative Investment Fund Managers Directive (AIFMD), which has now been in force for some time. Both guides are now in their sixth iteration.
The first guide considers whether the AIFMD marketing passport is working in practice and is a useful tool for managers as
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have recently published consultation papers setting out proposals to promote diversity and inclusion (D&I) in the financial services sector. The papers follow on from the joint discussion paper in July 2021 when the regulators made it clear that
On 2 November 2023, the FCA published Finalised Guidance FG23/3: Finalised non-handbook guidance on cryptoasset financial promotions (FG23/3).
FG23/3 provides information on and sets out the FCA’s expectations of the communication and approval of financial promotions for qualifying cryptoassets.
The FCA published its final rules (PS23/6) for cryptoasset financial promotions on
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have recently published consultation papers setting out proposals to promote diversity and inclusion (D&I) in the financial services sector. The papers follow on from the joint discussion paper in July 2021 when the regulators made it clear that
On 2 November 2023, the FCA published Finalised Guidance FG23/3: Finalised non-handbook guidance on cryptoasset financial promotions (FG23/3).
FG23/3 provides information on and sets out the FCA’s expectations of the communication and approval of financial promotions for qualifying cryptoassets.
The FCA published its final rules (PS23/6) for cryptoasset financial promotions on
Background
The Financial Conduct Authority (FCA) announced on 13 October 2023 that it had fined Equifax Limited (Equifax), a credit reference agency and data, analytics and technology business, £11,164,400 for failing to manage and monitor the security of UK consumer data it had transferred to its parent company based in the
Background
The Financial Conduct Authority (FCA) announced on 13 October 2023 that it had fined Equifax Limited (Equifax), a credit reference agency and data, analytics and technology business, £11,164,400 for failing to manage and monitor the security of UK consumer data it had transferred to its parent company based in the
On 1 November 2023, the International Regulatory Strategy Group (IRSG) (a joint venture between the City of London Corporation and TheCityUK) published a policy paper on a coherent and interoperable international regulatory framework on artificial intelligence (AI).
In this policy paper, the IRSG stresses the importance of creating a globally coherent
On 1 November 2023, the Financial Action Task Force (FATF) published a report on crowdfunding for terrorism financing.
The majority of crowdfunding activity is legitimate, but events around the world have demonstrated that it can also be exploited for illegal purposes. This includes terrorists and terrorist groups who exploit fundraising platforms and crowdfunding