The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a Feedback Statement summarising the responses it received to its Consultation Paper (CP) on the securitisation disclosure templates under the Securitisation Regulation (SECR). The Feedback Statement provides a detailed analysis of stakeholder feedback on the costs and benefits of …
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today kicked off a joint recruitment process for Heads of Unit (AD9) in the Joint Oversight team that was set up to carry out the oversight of the Information and Communication Technology Critical Third-Party Providers (CTPPs) under the Digital Operational Resilience Act (DORA). The Heads …
ESAs are recruiting Heads of Unit for their DORA Joint Oversight Team Read More »
The Bank of England (Bank), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Payment Systems Regulator (PSR) (the Authorities) have a Memorandum of Understanding (MoU) which sets out the high-level framework that we use to cooperate with one another in relation to payment systems in the UK. The Financial Services (Banking …
Two FCA investigations involving unauthorised debt and claims management activities have resulted in arrests. The FCA, with the support of West Midlands Police, the Eastern Region Special Operations Unit and Police Scotland, has recently conducted 2 operations to search 7 addresses across the West Midlands, Cambridgeshire, Stirling and Cumbernauld. Two individuals were arrested in Birmingham …
FCA executes search warrants in investigations involving unauthorised business Read More »
The Federal Court today found that collapsed contracts for difference (CFD) issuer, Union Standard International Group Pty Ltd (USG) and two of its former corporate authorised representatives, BrightAU Capital Pty Ltd (trading as TradeFred) and Maxi EFX Global AU Pty Ltd (trading as EuropeFX), engaged in systemic unconscionable conduct as well as a raft of …
ASIC has suspended the Australian financial services (AFS) licence of Equtise Pty Ltd (Equitise) until 10 February 2025. The AFS licence was suspended because Equitise is under external administration. On 31 October 2024, Equitise was placed into voluntary administration. Mohammad Mirzan Bin Mansoor and Damien Mark Hodgkinson of Olvera Advisors Pty Ltd were appointed as …
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