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Showing 31 - 40 of 71 results for "FCA"

KPMG brings remediation regtech to Australia

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... transparency solutions to Australian financial institutions. The firm was founded in 2013 after the Financial Conduct Authority (FCA) took action against the UK finance industry over a host of issues. According to KPMG, Recordsure can help financial ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... statement. ASIC said it will enter into new memorandums of understanding (MoU) with the UK's Financial Conduct Authority (FCA). This is because the FCA is set to take over from the European Securities and Markets Authority (ESMA), the overseeing of credit ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... banks," Treasury said. Financial Counselling Australia chief executive Fiona Guthrie said [in a statement issued by Treasury]: "FCA and financial counsellors are delighted that the Government recognises the immediate need for predictable and stable funding ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... those seeing long-term income; and a fund for those with no plans to access the money for at least five years. A review by the FCA found many consumers are focused only on taking their tax-free cash and take the 'path of least resistance' when entering ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... of England (BOE); Prudential Regulation Authority (PRA), which is a division of the BOE; and Financial Conduct Authority (FCA). Singapore on the other hand is governed by one regulator - the Monetary Authority of Singapore (MAS). The Royal Commission ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... 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 apply the fundamental principles of ...

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
... counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance Institute to develop a 'Regulated Retail Investment Adviser Re-evaluation' test ...

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
... stock listing in 2014. In a statement, Newton IM said it is not in a position to comment on any actions with regard to the FCA's ongoing investigation, except to note that it has been cooperating fully with the regulator and will continue to do so. It ...