Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
19 July 2016
Insider trading: the new market abuse regime
While the current focus of the financial services community could be said to be on the implications of the EU referendum outcome, there is an element of “business as usual” as a key piece of EU financial services legislation, the Market Abuse Regulation (Regulation 596/2014) (MAR), now applies in all Member States as of 3 July 2016.
15 July 2016
FCA annual report 2015/16: overview of Enforcement, improving standards and the strategic priority to combat Financial Crime
The FCA has issued its annual report and accounts for 2015/16.
A healthy and successful financial system
The report sets out the FCA’s work in “ensuring we have the right rules and policies in place to ensure that the UK has a healthy and successful financial system. A financial system where financial markets are fair, efficient and transparent, firms can thrive and consumers have trust in open and transparent markets.”
25 May 2016
EU Benchmark Regulation
New EU-wide rules, which will apply from November 2017, aim to ensure greater accuracy and integrity of benchmarks in financial instruments. Known as the Benchmark Regulation, it was adopted by the European Council on 17 May. Born out of recent market manipulation scandals the Regulation is intended to restore confidence in financial benchmarks.
23 May 2016
Criminal Finance Bill: legislative action to back up political commitments
One of the questions following the Anti-Corruption Summit and the media furore over the Panama Papers was whether legislative proposals (and related law enforcement resources) would be delivered to underpin high level political commitments. Seeming to answer this the Queen’s Speech confirmed that a Criminal Finance Bill will be presented to tackle corruption, money laundering and tax evasion - key commitments from the Summit.
12 April 2016
2016-17: Tackling financial crime and ensuring AML compliance a UK and FCA top priority
In a report published by Transparency International on 7 March, a series of damning indictments were set out as to the “multitude of ways in which the UK is enabling corrupt individuals to enjoy luxury lifestyles and cleanse their reputations” – including “an anti-money laundering system that is easy to bypass in order to launder money with impunity.”
You may also be interested in:
Blog
A New Era of Football Regulation - The Independent Football Regulator
Natalie Cohen
Blog
Court of Appeal clarifies data protection claims for non-material damage: A win for claimants - But what are the implications for controllers and processors?
Caroline Sheldon