Regulation

Reverse solicitation rule not catching out asset managers

No single asset manager appears to have yet fallen foul of the rules governing reverse solicitation under the EU’s Alternative Investment Fund Managers Directive although the risk of regulatory sanctions for breaches does still remain.

Industry bodies unite in SFTR guidance

Several markets have jointly published a statement offering advice on how participants can comply with new EU Securities Financing Transactions Regulation (SFTR).

FinTech Regulation: Race to the Top

The Financial Conduct Authority (FCA) has teamed up with Australian regulators in a ‘world-first’ agreement to support FinTech businesses.