As part of our compliance services at Thistle Initiatives, we keep our clients updated with the latest regulatory news, allowing them to stay ahead of the competition in the compliance world.
We will send regular Regulatory Updates direct to your inbox, as and when the most significant issues arise within the finance sector, as well as any broad regulatory matters that we believe will be relevant to your firm’s business activities.
In addition to our updates, Thistle Initiatives compose a monthly compliance newsletter, providing you with advice and insight into recent FCA activities and financial services as a whole.
The European Commission published a draft new regulation on European crowdfunding service providers for business on 8th March 2018. Platforms active in both the loan-based crowdfunding and investment-based crowdfunding markets would be subject to the new rules, which would be directly... Read more
On 8 February 2018, the European Commission released a number of Notices to Stakeholders in relation to Brexit, which is scheduled for 30 March 2019. These notices cover a wide range of sectors, including investment managers and MiFID firms, both of which will be of interest to asset... Read more
The FCA imposed, on 25th January, a financial penalty on Interactive Brokers UK (IBUK) in the amount of £1,049,412 for failings in its post-trade systems and controls for identifying and reporting suspicious transactions in the period February 2014 to February 2015. Details of this... Read more
FCA Policy Statement 17/6, issued on 2 May, sets out how disclosure requirements have changed to reflect the introduction of the PRIIPs key information document (KID), and sets out final rules and guidance. Given the delayed application of the PRIIPs Regulation, these rules have applied... Read more
Financial institutions could be fined a tenth of their revenues if they do not comply with the EU Benchmarks Regulations (BMR), which came into force on 1 January 2018. The rules, created in the wake of the LIBOR-fixing scandal, are intended to ensure robust governance of benchmarks and... Read more
You can also follow us on Twitter for quick updates through the day.
Head office: Thistle Initiatives
80 Coleman Street
Telephone: +44 (0)20 7436 0630