ESMA highlights MiFID II and Brexit preparations as key issues in speech The European Securities and Markets Authority (ESMA) has published a speech by Steven Maijoor, ESMA Chair, given to the European Parliament’s Economic and Monetary Affairs Committee as part of the annual hearing of the chairs of the three European Supervisory Authorities. The speech focussed on two important current topics for EU securities markets: MiFID II...… Continue Reading
The FCA has published Consultation Paper 17/28: Financial Advice Market Review: implementation part II and insistent clients (CP17/28). In CP17/28 the FCA sets out proposals it has developed to support the UK’s advice sector following the recommendations set out in the Financial Advice Market Review (FAMR) final report. Proposed changes include: Handbook changes arising from...… Continue Reading
The FCA has published Policy Statement 17/6: Disclosure rules following application of PRIIPs Regulation (PS17/6). In PS17/6 the FCA summarises and responds to the feedback to its earlier consultation, Consultation Paper 16/18: Changes to disclosure rules in the FCA Handbook to reflect the direct application of PRIIPs Regulation (CP16/18) (our blog is here). It sets … Continue Reading