Digital Resilience in the US: SEC amendments follow EU counterparts
The U.S. SEC has published proposed amendments that will expand and update Regulation SCI to focus more on the evolving landscape of digital resilience.
Eyes on the prize for the FCA’s new Consumer Duty
The FCA’s Sheldon Mills has set out key steps in the final stages of implementation for the new Consumer Duty, as well as reminding firms about the ultimate benefits of the rule.
‘The most insidious risk of all is the risk of complacency’ – OSFI
Canadian Regulator, OSFI, has announced that it will base its strategy “on a bias towards action". Will this change expectations for firms?
Increased scrutiny for outsourcing: an overview of regulatory directives
As financial services rely more on outsourcing, regulators are acting - fast. We take stock of new and emerging regulatory requirements when outsourcing.
Are your third parties operationally resilient? Key considerations for UK firms
As third-party vendors slowly become the backbone of the operation of financial services, there’s increasing focus on the operational resilience of those third parties. We set out 5 considerations that should be top of mind.
5 key messages from FINRA’s 2022 Report
FINRA has published its annual Examination and Risk report. We take a look at the five key provisions of FINRA’s Report for end-to-end communications and data – from restricted channels to regulatory reporting.
Illicit comms: not just a few bad actors
As technology evolves, it's hard for firms to ensure compliant communications. But does banning certain apps lead to a rise in illicit comms?
DOJ’s CCO Certification Requirement: raising the stakes for CCO liability
Last year, the U.S. DOJ introduced a new CCO Certification Requirement, placing even greater liability at the feet of senior compliance officers. Does the new rule empower, or just add more weight to CCO shoulders?
SEC Marketing Rule: compliance and confusion
The SEC’s Marketing Rule came into force on November 4, 2022, making substantial amendments to Rule 206(4)-1. We look at how investment advisers can successfully demonstrate compliance despite its complexity.
SEC brings recordkeeping into the 21st century with Rule 17a-4 amendments
The SEC has made amendments to recordkeeping Rule 17a-4 for the first time in 25 years. But what do the amendments mean, and how can firms prepare?
New Year, New SRO: Canada’s new single self-regulatory organization
On January 1, 2023, Canada welcomes a new Canadian self-regulatory organization and a new Canadian Investor Protection Fund. We take a look at the details.