Senior Managers Regime

The FCA publishes CP16/1 “Consequential changes to the Senior Managers Regime” amending the concept of the ‘presumption of responsibility’ within SMR

Knowledge and Competence

ESMA publishes its final report on the guidelines specifying criteria for the assessment of knowledge and competence as required Under Article 25(1) of MiFID 2 (2014/65)

In The Clouds

The FCA publishes Guidance Consultation GC 15/6 “Proposed guidance for firms outsourcing to the ‘cloud’ and other third-party IT services”

MiFID II Wobble

With just over a year to go, the Chair of ESMA explains MiFID II timing 'extremely tight' and that there are a few areas where calendar is 'already unfeasible'

Disclosures and Transparency

Implementation of the Transparency Directive Amending Directive leads to some changes to the Disclosure Rules and Transparency Rules sourcebook