In a joint final rule, the SEC and CFTC adopted amendments to Form PF to correct errors, remove outdated references and clarify reporting instructions for SEC-registered investment advisers to private funds, including those also registered with the CFTC as a commodity pool operator or commodity trading adviser.
The full update can be found here on
Growth, says Rachel Reeves, is her “number one mission”. UK pension schemes, with vast assets, have since come sharply into political focus. In our new UK Pensions Briefing, we focus on three sets of government proposals with the potential to shake up the industry.
Please see our briefing here.
On the same day as HM Treasury’s publication of an action plan setting out a ‘new approach’ to ensure regulators support growth, the Financial Conduct Authority (FCA) has sent a clear message to the financial services industry that it is prepared to tackle non-financial misconduct which it considers demonstrates a lack of integrity
Increased regulatory burdens on asset management businesses have resulted in additional cost pressures. However, regulation has also required more pricing transparency, which has led to an increasingly competitive market, with investors demanding either ultra-low cost or increasingly bespoke investment solutions.
For our thoughts on this, please see our new briefing here.
On 20 March 2025, the International Organisation of Securities Commissions (IOSCO) launched a new alerts portal to help combat retail investment fraud. The new portal is called I-SCAN. The alerts and warnings included on the portal are provided by IOSCO members on a voluntary basis. The contents of the alerts and warnings
In the second episode of our Global Regulation Tomorrow Plus podcast mini-series exploring the UK’s new Consumer Composite Investments regime, Joe Bamford and Anita Edwards discuss the proposed disclosures that would be required under the new regime – the Product Summary Disclosure and the Core Information Document.
Listen to the podcast here.
On 19 March 2025, the European Commission (Commission) adopted its strategy for the savings and investments union (SIU).
More inclusive and citizen-focused
The SIU draws on progress already made under the two Capital Markets Union (CMU) action plans and the parallel efforts to develop the Banking Union. Compared to
FCA and PRA enforcement action covers a range of misconduct with recent outcomes including both retail and wholesale cases and findings in respect of matters as various as customer treatment, market abuse and risk management. The details of the breaches and the activity which gave rise to the issues may vary but a consistent theme
In this latest issue of Regulation Around the World we look at some of the key regulatory topics for 2025 in the following jurisdictions: United Kingdom, EU, France, Germany, Luxembourg, Netherlands, Italy, UAE, South Africa, Australia, Hong Kong, Singapore, Australia and China. We have not attempted to list every single reform expected this year but
On 18 March 2025, the Financial Conduct Authority (FCA) updated its webpage on the interest rate ‘stress test’ rule – application of MCOB 11.6.18R to note the launch of its call for evidence on MCOB 11.6.18R – Considering the effect of future interest rate rises.
The FCA explains that it is carrying