i-law.com - Newsletter (Compliance Monitor)

: FCA sets out final mortgage guidance on credit rating reporting, repos and other support; Online Published Date : 01 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; By Neasa MacErlean

: “Winter is coming” – DP20/2 augurs prudential feats for investment firms; Online Published Date : 07 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; A recent discussion paper sets out to replace the patchwork of prudential requirements that currently govern investment firms with something more fit for purpose. But DP20/2 – and its forerunner FG20/1 – portend far-reaching implications for all firms, as Julian Sampson relates.

: How to handle ‘impossible complainants’; Online Published Date : 07 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; When things become a little crazy, the realsuperstars of the team shine. AdamSamuel shares wisdom on dealing with tricky – and, at times, unacceptable –complaint-handling scenarios.

: Criminal finance rules tightened for PSPs; Online Published Date : 07 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; New measures from the European Union to boostthe effectiveness, harmonisation, supervision, enforcement and co-ordination ofits anti-money laundering and counter-terrorist finance regime will have asignificant impact upon payment service providers in the United Kingdom. Charlotte Hill and Julia Steinhardt set out the requirements.

: Increased level of complaints upheld by FOS; Online Published Date : 07 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; The latest complaints statistics published by the Financial Ombudsman Scheme reveal an uptick in the percentage of disputes decided by the adjudicator in favour of the customer. Denis O’Connor analyses the data and ponders the implications for firms’ delivery of good customer outcomes.

: Addressing heightened risks for retail clients; Online Published Date : 07 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; As the coronavirus pandemic swept Europe, ESMA warned firms not to forget their conduct of business obligations under MiFID II. The Cyprus Securities and Exchange Commission has also reaffirmed its approach, reports Aki Corsoni-Husain.

: Cross-market manipulation under the microscope; Online Published Date : 11 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; Regulatory surveillance functions and capabilities are evolving to monitor for market abuse risks spanning multiple contracts and products across separate trading venues. Marlene Haas and Greg Leonard explore the developing landscape of EU, UK and US cross-market surveillance and enforcement.

: Getting regulatory reporting right; Online Published Date : 11 September 2020 | Appeared in issue: Vol 33 No 1 - 10 July 2020; The systematic submission of incorrect reports is still going unnoticed for many firms. Matthew Chapman provides a MiFIR, EMIR and SFTR checklist to help prevent a multitude of sins.

: FCA makes swift contact with policyholders after business interruption decision; Online Published Date : 15 September 2020 | Appeared in issue: Vol 33 No 2 - 15 September 2020; By Neasa MacErlean

: New pricing and transparency rules seek to halt insurance ‘price-walking’; Online Published Date : 23 September 2020 | Appeared in issue: Vol 33 No 2 - 15 September 2020; By Neasa MacErlean

: FCA consults on reducing risks of foreign firms operating in the UK; Online Published Date : 24 September 2020 | Appeared in issue: Vol 33 No 2 - 15 September 2020; By Neasa MacErlean