ESMA finds NCAs imposed sanctions of EUR 8.4million for MiFID II breaches in 2020 27th July 2021 The ESMA Report published last week (July 19 th 2021) gives an overview of the applicable legal framework and the sanctions and measures... Read more
FCA clarifies the expectation for investment firms and trading venues ahead of LIBOR transition 19th July 2021 We have had a number of clients reach out to us recently on this topic and we are now able to refer them to this FCA notice. UnaVista... Read more
UK Government to review UK’s regime for wholesale capital markets 6th July 2021 The UK Government is carrying out a review of the UK’s regime for wholesale capital markets. This consultation will run from 9am on 2 July... Read more
ACA Group report has found that a high number of firms surveyed were misreporting their transactions incorrectly under MiFIR with 87% of them unaware 18th June 2021 A third party compliance consultancy – ACA Group have surveyed a number of MIFIR reporting firms and found 97% of their reports contained... Read more
FCA fines UK Investment Firm £178,000 for fraudulent trading and money laundering 12th May 2021 FCA fines a UK Investment Firm £178,000 for inadequate systems and controls to identify and mitigate the risk of being used to facilitate... Read more
ESMA MiFIR review report on the obligations to report transactions and reference data 1st April 2021 Article 26(10) of MiFIR requires the European Commission (EC) to present a report to the European Parliament and the Council to assess the... Read more
BearingPoint RegTech partners with UnaVista to simplify reporting for European firms 5th February 2021 Through this new partnership, the company offers clients access to best-in-class ARM services and Trade Repositories BearingPoint RegTech... Read more
ESMA Identifies Costs and Performance and Data Quality Supervisory Priorities 13th November 2020 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, using its new convergence powers, has... Read more
