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Showing 101 - 110 of 124 results for "Financial Conduct Authority"

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... the BEAR should be expanded to also encompass all ASIC regulated entities, Orr referred to the UK Financial Conduct Authority's similar Senior Managers Regime which FCA staff are also required to adhere to. When questioned whether ASIC would intend to ...

Inside Bennelong and its UK engine room

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... increased the chances of a disorderly exit, he expects co-operation agreements to be signed with the Financial Conduct Authority (FCA) and European regulators to allow UK based fund managers to continue to manage European domiciled funds. It would be ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... Financial advisers in the UK are facing similar challenges to their Australian counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance ...

UK fund managers must improve fairness

DARREN SNYDER  |  FRIDAY, 13 APR 2018
... rules for fund managers as part of its ongoing study into the asset management market. The latest Financial Conduct Authority (FCA) report states that fund managers, as the agents of investors in their funds, must appoint two independent board directors. ...

Former Fidante-aligned boutique targeted by UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
... asset managers accused of breaching UK competition laws. In what is the first case to see the UK's Financial Conduct Authority exercise its competition enforcement powers, the watchdog alleges that in 2015 former Fidante Partners boutique River & Mercantile ...

EQT acquires stake in UK firm

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
... borders," O'Brien said. Chair Tony Killen said the acquisition has received approval from UK regulator the Financial Conduct Authority and provided the opportunity to grow its fiduciary services in London. "With markets rapidly globalising, Equity Trustees ...

UK regulator increases support for new starters

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2017
As part of its crusade to increase competition in the UK's asset management sector, the Financial Conduct Authority will establish a hub to assist new entrants to the industry. Speaking at an investment conference in Europe, FCA executive director of ...

UK asset consultants face competition scrutiny

KARREN VERGARA  |  MONDAY, 18 SEP 2017
In an industry first, the UK Financial Conduct Authority's concerns about anti-competitive practices of investment consultants have been referred to a consumer protection and anti-competition watchdog to further investigate the industry. The FCA announced ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... level capacity, the taskforce said. The taskforce used similar examples overseas whereby in the UK the Financial Conduct Authority (FCA) can exercise its power to prohibit an individual who is not fit and proper in carrying out their duties. In March ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The UK's Financial Conduct Authority (FCA) has enlisted the help of a Hollywood superstar to alert consumers affected by the decade-long payment protection insurance (PPI) scandal to make a formal complaint as soon as possible. A campaign featuring ...