The LTAF is a new category of open-ended authorised fund designed to invest efficiently in long-term assets. The FCA enabled the innovation by creating a new regulatory regime which came into force in 2021. Sarah Pritchard, Executive Director of Supervision, Policy and Competition – Markets said: ‘We made these rules to create an environment where investors …
he levy will be collected for the Government by HM Revenue and Customs (HMRC), the FCA and the Gambling Commission. The ECL will apply to AML regulated businesses including: credit institutions financial institutions auditors, insolvency practitioners, external accountants, and tax advisers independent legal professionals trust or company service providers estate and lettings agents high value …
FCA to collect Treasury’s economic crime levy (Anti-Money Laundering) from July Read More »
Unauthorised firm – Jackson Associates LLC Address: 9th Floor, 150 Varick Street, New York, NY, UNITED STATES OF AMERICA, 10013 Telephone: +1 917 934 9035 Fax: +1 917 905 5838 Email: [email protected] Website: www.jacksonassociates-llc.com Be aware that some firms may give out other details or change their contact details over time to new email addresses, …
ASIC has made two interim stop orders preventing Interactive Brokers Australia Pty Ltd (Interactive Brokers) from issuing Stock Yield Enhancement Program (SYEP) Derivatives to retail investors because of deficiencies in the product’s target market determination (TMD) and product disclosure statement (PDS). The interim orders prohibit Interactive Brokers from offering, issuing, giving a PDS for or …
ASIC places interim stop orders on TMD and PDS for a securities lending product Read More »
ASIC has taken court action against Green County Pty Ltd and Max Funding Pty Ltd for alleged unlicensed credit activity and other breaches of consumer credit laws. ASIC alleges that Green County and Max Funding failed to make reasonable inquiries about the purpose of loans, which led to Green County providing personal loans to certain …
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