Latest Articles

Global regulators’ privacy worries over Facebook cryptocurrency. Malaysia charges seventeen Goldman staff over 1MDB scandal. Allegations of market manipulation against short seller Muddy Waters. Claims of a $38bn fraud at GE. Holiday season thoughts. Relaxing rules for Norway’s $1 trillion...

In this issue, Sam assesses the fitness of her certification staff and what training and evidence will be required

Swiss v EU spat – is this a signal for the post-Brexit world? Orcel set to sue Santander for €100m. UK’s FCA plans ban on bitcoin derivatives for retail investors. Danske claimed to have sought to discredit whistleblower. FCA reveals...

This issue focusses on devising an SM&CR training plan for senior managers.

SEC agrees to introduce best interest rule for stockbrokers. Woodford problems highlight the failure of the ACD. ‘Ethical failures’ at US arm of KPMG. PWC faces £4.6m audit penalty. RBS report described as a ‘whitewash’. Lloyds freezes 8,000 offshore accounts....

This edition includes: FCA Quarterly Consultation, PRA Regulated Fees and Levies Proposal 2019/20, EBA Publishes Opinion on Strong Customer Authentication on PSD2, HM Treasury Updates AML/CTF Notice on Controls in Higher Risk Jurisdictions, Bank of Scotland Fined for Failing to...

This edition includes: DFSA Makes Amendments to Rulebook, ADGM Joins Network for Sustainable Financing, Global Financial Innovation Network Publishes Year Review Report, UK Courts Find Two Guilty of Insider Dealing.

This issue looks at the process for assessing the fitness and propriety of the SMFs, and how to devise training plans to address shortcomings.

LCF accused of misleading investors in the ‘mini bonds’ scandal. Hong Kong tycoon battling with Shaftesbury plc over non-pre-emptive placing. British company ownership secrecy still lingers. Jefferies helped hedge fund partner make side trades that brought about collapse. Ex-Goldman banker...

This issue looks at the documentation updates that will be necessary for the SM&CR to be implemented in our case study firm.

Banking Standards Board survey results published. Two former Barclays traders jailed for roles in Euribor rigging. Socially responsible bribery? Treasury orders FCA to appoint independent reviewer over LCF collapse. FCA talking post-Brexit ‘lower burden’ regulation. StanChart agrees to pay $1.1bn...

The second instalment in our SM&CR case study series looks at how to correctly identify personnel under the SM&CR.