The FCA's April 2024 proposal introduces a 'third option' for UK investment research consumption, allowing bundled payments for research and execution costs, aiming to enhance flexibility, competitiveness, and alignment with international standards.

On March 19th, The SEC's Division of Investment Management updated its Marketing Compliance Frequently Asked Questions ("FAQ"s) to provide additional guidance on the application of the Marketing Rule (Rule 206(4)-1)...

The regulatory environment in the UK is rapidly evolving, with the Financial Conduct Authority ("FCA") placing increased scrutiny on asset management firms.

The FCA highlights common errors in asset manager authorisation applications, including insufficient senior management experience, non-UK office locations, inadequate risk and conflict management, and unpreparedness. Addressing these issues is crucial for successful FCA approval and ongoing regulatory compliance.

The December edition of the Alternative Investor is out, covering the past month's alternative news and guest writers explore the fast-growing world of private credit.

Our December 2024 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place last year in the UK, the EU and the US, and also a look ahead to what we might expect in 2025.

An increasingly assertive SEC has found itself in uncharted territory, defenestrated.

The SEC's Division of Examinations (the "Division") recently issued a Risk Alert to provide investment advisers, investors, and other market participants with information regarding investment advisers' compliance with amended Rule 206(4)-1 (the "Marketing Rule").

Our January 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place last month in the UK, the EU and the US.

Our April 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place last month in the UK, the EU and the US.

The FCA proposes increased transparency in enforcement by publicizing investigations at their onset to enhance deterrence and accountability, despite significant industry and parliamentary concerns over potential reputational damage and procedural fairness. Consultation and scrutiny continue amidst calls for cautious implementation.

The article details upcoming changes in the UK EMIR REFIT 2024 for OTC derivatives reporting, effective from September 30, 2024. It emphasizes new reporting fields, format requirements (ISO20022 XML), and obligations for trade reconciliation and error notification to the FCA.

Our March 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place last month in the UK, the EU and the US.

On 23 April 2024, the FCA published two documents related to the FCA's upcoming sustainability regime.

Our May 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place last month in the UK, the EU and the US.

Our November 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.

Our August 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.

In the UK, regulatory initiatives continue at a slow pace, at least from the perspective of a regulated investment firm or fund manager. Whilst the FCA's priorities remain consistent, various initiatives previously...

A UK investment firm, such as an asset manager, investment adviser or broker, falls under the remit of the Financial Conduct Authority...

The FCA stresses a balanced approach between compliance and competition, while the SEC and NFA announce updates affecting future examination priorities and entity visibility, impacting compliance strategies.