Financial Services Regulation

Group founded 01 Jul 2010
Posts 552
Members 61
Group summary

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

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CFTC allows use of LEIs for reporting regulations and more

The Commodities and Futures Trading Commission (CFTC) has confirmed that registered entities and swap counterparties subject to the CFTC swap data record keeping and reporting regulations concerning L...

29 Nov 2013
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ESMA publishes list non-EEA CCPs

The European Securities and Markets Authority has published a list of central counterparties (CCPs) established in non-EEA countries which have applied for recognition under article 25 of the European...

28 Nov 2013
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EMIR trade reporting obligations to start 12 February 2014

The European Securities and Markets Authority (ESMA) has now approved the registrations of the first four trade repositories (TRs) under the European Market Infrastructure Regulation (EMIR). The four...

28 Nov 2013
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PRA consults on Special Project Fee for Solvency II

The Prudential Regulatory Authority has also issued its consultation on regulated fees and levies. This includes continuing the Special Project Fee in connection with the work required to implement S...

28 Nov 2013
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EMIR notifications and exemptions webpage updated by FCA

The Financial Conduct Authority (FCA) has updated its European Market Infrastructure Regulation (EMIR) notifications and exemptions webpage to state that submissions for the intragroup exemption from ...

26 Nov 2013
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FATCA looms, financial firms struggle with compliance

With implementation just around the corner, most financial services firms would have hoped to now be making their final FATCA preparations. As it stands though, the Foreign Account Tax Compliance Act...

26 Nov 2013
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FCA publishes findings of first EMIR implementation reviews

The Financial Conduct Authority (FCA) has conducted a series of implementation reviews in accordance with its European Market Infrastructure Regulation (EMIR) priorities. The reviews involve a repres...

25 Nov 2013
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FCA report- To charge ARMs for transaction report submission

The Financial Conduct Authority (FCA) has published a consultation paper which sets out policy changes to its fee and levy regimes. FCA is proposing to introduce fees for approved reporting mechanisms...

25 Nov 2013
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IAIS to develop global insurance capital standards by 2016

The International Association of Insurance Supervisors (IAIS) has announced its plan to develop a risk based global insurance capital standard (ICS) by 2016. Full implementation will begin in 2019 af...

22 Nov 2013
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EIOPA publish final guidelines for Solvency II

The European Insurance and Occupational Pensions Authority (EIOPA) has published the final guidelines to ensure that national competent authorities (NCAs), insurance companies and groups take active s...

21 Nov 2013
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Solvency II deferred until 1 January 2016

The European Commission has published a proposal to amend the Solvency II Directive to set later dates for its transposition (31 January 2015) and its application (1 January 2016). The proposed Dire...

20 Nov 2013
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Guernsey FSC consults on opt in AIFMD

The Guernsey Financial Services Commission (GFSC) has launched a consultation on an opt in Alternative Investment Fund Managers Directive (AIFMD) equivalent regime for Guernsey licensed fund managers ...

19 Nov 2013

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