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PRA remit could change for UK investment firms regime

The UK Treasury and financial regulators are currently consulting on the details of the new investment firms prudential regime

Bahamas Chapter: Aviation Guide – The Legal 500 (2021)

A Bahamian Court, in deciding an issue with respect to a lease which provides for a foreign governing law will uphold the choice of a foreign governing law.

Return to the ordinary procedure as of September 1, 2021 for any application or extension of RHT

Organizational chart of the entire company or, for operating sectors, status of personnel in the organizational units.

Former Santander employee accused of multimillion-pound fraud

Belfast man (39) to stand trial on 66 counts of fraud by abuse of position with bank

New “Shadow Insider Trading” SEC Enforcement Action -- Four Lessons for Private Fund Managers

The SEC also appears to be anticipating that the defendant will argue that his Incyte trades did not breach a duty of trust or confidence to his employer

Banks and insurers licensed to exchange fraud data in the Netherlands

The protocol effectively enables a system of decentralised data exchange

The Filing Deadline for Private Funds Annual Return is Coming Soon - Are You Ready?

CIMA did not publish the FAR Form publicly meaning only a registered private fund (or a person authorised to act on its behalf) may access the FAR Form within the REEFS system.

Asian Development Bank: integrity compliance and enforcement

The OAI's investigation and enforcement activity continued more or less unabated, despite the OAI being required to pivot to remote working because of the pandemic.

What Can We Expect from the SEC with COP26 Around the Corner?

Chair Gary Gensler of the Securities and Exchange Commission (SEC) has made climate change headlines of his own in recent weeks.

FCA Proposes Enhanced Disclosures on Diversity and Inclusion for Listed Companies

Proposals reflect growing investor focus on the ESG performance of listed companies.

Off‐Shore Crypto Exchange to Pay Up to $100 Million to Resolve Enforcement Action with U.S. Regulators

Civil enforcement actions and criminal charges against BitMEX’s founders are pending.

Mastercard faces competition ‘opt out’ class action damages trial

The ruling by the Competition Appeal Tribunal (CAT) is the first in which it has conditionally certified collective proceedings for damages resulting from a competition law infringement on an 'opt-out’ basis.

Frenkel Topping enters fifth joint venture

Mark Holt, managing director of Frenkel Topping Limited, said: "We have known and worked with the Pattinson Brewer team for many years."

BMA seeks more Seamless Marketplace with ILS Process Enhancements.

To discuss the changes and what this means for both ILS market participants and the Bermuda marketplace, Artemis spoke with Adderley, who has been working with the BMA on this matter.

SEC sanctions company for hypothetical cyber risk factor when the company already had an incident

The SEC alleged that both the SEC filing and the media statement were misleading, including because they characterized a known harm as a hypothetical risk.

Business as usual is over. Get ready for transformational change.

What you need to know about the IPCC's latest climate report and how to respond

FinCEN and CFTC assess $100 million penalty on cryptocurrency derivatives exchange

Notably, the three BitMEX co-founders were also charged with one count of violating the BSA and one count of conspiracy in October 2020.

Continuity of access to FMI services (FMI intermediaries) for firms in resolution: Framework for information from FMI intermediaries to support resolution planning

Access to FMI services is essential for banks to be able to continue performing their critical functions or critical services under all circumstances, including in cases where banks need to be resolved.

Financial Regulation Daily Update

This decision follows on from the FCA's Consultation Paper 21/3 (CP21/3) earlier this year.

UAE Securities and Commodities Authority's new licensing regime

What you need to know about the UAE Securities and Commodities Authority's new licensing regime.

Government Regulation