Bing alternative finance

'Leeds has phenomenal potential to become fintech hub' - Yorkshire Post

Wed, 07/26/2017 - 12:51

Yorkshire Post

'Leeds has phenomenal potential to become fintech hub'
Yorkshire Post
It is expected to be worth more than £5bn by the end of 2017, and it is now regulated by the Financial Conduct Authority (FCA). investUP facilitates automatic lending for investors in the peer-to-peer lending industry. The site, which was recently ...

PSD2 authorisation and reporting requirements: insight from the ... - Lexology (registration)

Wed, 07/26/2017 - 12:24

PSD2 authorisation and reporting requirements: insight from the ...
Lexology (registration)
The FCA has revealed how it proposes to implement PSD2 changes to authorisation and reporting. In this article, we examine the FCA's approach and how…

and more »
Categories: Crowdfunding

FCA strengthens individual accountability rules - Financial Times

Wed, 07/26/2017 - 11:50

Financial Times

FCA strengthens individual accountability rules
Financial Times
All staff at financial services companies authorised by the FCA will be subject to conduct rules. “This simple set of rules means that individuals must act with integrity, act with due care, skill and ... Responsibilities of senior managers, who must ...
FCA proposes two-tier authorisation process for adviserswww.professionaladviser.com
FCA releases plans to replace Approved Persons RegimeMortgage Solutions (registration) (blog)
FCA to extend regulatory regime to 47000 firmsThe Guardian
FT Adviser -Money Marketing -Portfolio Adviser -FCA
all 38 news articles »

FCA proposes two-tier authorisation process for advisers - www.professionaladviser.com

Wed, 07/26/2017 - 11:42

www.professionaladviser.com

FCA proposes two-tier authorisation process for advisers
www.professionaladviser.com
In its consultation paper published on Wednesday, the FCA outlined three "baseline" elements, which will apply to all regulated financial services firms. These include the senior managers regime, which focuses on approved senior people in a firm; the ...
FCA strengthens individual accountability rulesFinancial Times
FCA reveals how advisers will be hit by senior manager rules ...FT Adviser
FCA reveals how brokers must handle senior managers regime ...Mortgage Strategy
Insurance Age -CCH Daily inc Accountancy Live (subscription) (blog) -Portfolio Adviser -FCA
all 62 news articles »
Categories: Crowdfunding

Flat whites and consumer rights - Money Observer

Wed, 07/26/2017 - 11:05

Money Observer

Flat whites and consumer rights
Money Observer
The other is independent governance, the idea of appointing independent directors to authorised fund managers with a specific duty to consider the value-for-money proposition. Personally, I think the FCA has underestimated the difficulties here ...

FCA proposes to extend the senior management regime to more firms - Insurance Age

Wed, 07/26/2017 - 09:46

FCA proposes to extend the senior management regime to more firms
Insurance Age
The FCA also proposed to build on the framework of the revised version of the FCA's approved persons regime and the Prudential Regulation Authority's senior insurance managers regime that insurers currently apply to introduce all elements of the SM&CR ...

FCA reveals how advisers will be hit by senior manager rules - FT Adviser

Wed, 07/26/2017 - 09:17

FT Adviser

FCA reveals how advisers will be hit by senior manager rules
FT Adviser
Under the regime, anyone who holds a senior management function at an advice firm will need to be approved by the FCA and every senior manager will need to fill out a statement of responsibilities explaining what they are responsible for. This will ...
FCA reveals how it plans to extend Senior Managers Regime to advisersMoney Marketing
FCA reveals how brokers must handle senior managers regimeMortgage Strategy
Senior managers regime to cost firms over £550mCitywire.co.uk
Financial News (subscription) -Mortgage Solutions (registration) (blog)
all 11 news articles »

InCredit - 25 July 2017 - Lexology (registration)

Tue, 07/25/2017 - 15:53

InCredit - 25 July 2017
Lexology (registration)
Since our last publication, the FCA has published the Second FCA consultation paper on implementing IDD, HM Treasury has published its consultation response on implementing PSD2 and PSRs 2017 and The European Payments Council has published ...

Categories: EIS SEIS

Firms late with Mifid paperwork need emergency plans, says FCA - Portfolio Adviser

Tue, 07/25/2017 - 15:49

Portfolio Adviser

Firms late with Mifid paperwork need emergency plans, says FCA
Portfolio Adviser
From 3 January 2018, some firms will only be able to operate if they have the required regulatory permissions from the FCA. The FCA says companies will face civil, regulatory or even criminal consequences if they continue to trade without authorisation ...
FCA - MiFID II: applications received after 3 July 2017Automated Trader

all 14 news articles »Google News
Categories: EIS SEIS

Firms late with Mifid paperwork need emergency plans, says FCA - International Adviser

Tue, 07/25/2017 - 15:16

Firms late with Mifid paperwork need emergency plans, says FCA
International Adviser
The FCA says companies will face civil, regulatory or even criminal consequences if they continue to trade without authorisation after failing to apply for waivers in time. To ensure that the applications could be processed in time for the January 2018 ...

FCA approves Standard Life Aberdeen merger - Fund Strategy

Tue, 07/25/2017 - 13:59

Fund Strategy

FCA approves Standard Life Aberdeen merger
Fund Strategy
The FCA has approved the merger of Standard Life and Aberdeen Asset Management due to complete in three weeks' time. ... The Competition Markets Authority gave the £11bn merger the green light in June, following approval from shareholders. The deal ...
Financial Conduct Authority approves Standard Life and Aberdeen Asset Management mergerinsider.co.uk

all 11 news articles »

Global Group Capital Management Ltd Receives FCA Authorisation - Bdaily

Tue, 07/25/2017 - 13:09

Bdaily

Global Group Capital Management Ltd Receives FCA Authorisation
Bdaily
Global Group Capital Management Limited (“GGCM”), the UK registered wholly owned subsidiary of Global Group International Holdings Limited (the “Global Group”) is pleased to announce that it has received its authorisation and approval from the UK's ...

FCA changes data-for-sale register after complaint - FT Adviser

Tue, 07/25/2017 - 10:33

FT Adviser

FCA changes data-for-sale register after complaint
FT Adviser
But the woman's insurance provider, which had bought information from the FCA's register, said the information it received from the regulator said that while the individual was no longer authorised, their firm was, and it was on this understanding that ...
UK FCA Adds Zurich Capital to Warning ListFinance Magnates

all 3 news articles »

Simon Collins: Prepare now for FCA value-for-money rules - Money Marketing

Tue, 07/25/2017 - 10:10

Money Marketing

Simon Collins: Prepare now for FCA value-for-money rules
Money Marketing
However, in its Asset Management Market Study: Final Report, it signalled its intention to impose a prescribed responsibility under the SMCR to ensure asset managers comply with their existing obligations under its rules on collective investment ...

If Jeep Is Slowing Down, Everyone Is Fucked - Jalopnik

Mon, 07/24/2017 - 13:46

Jalopnik

If Jeep Is Slowing Down, Everyone Is Fucked
Jalopnik
2nd Gear: Jeep's Getting EPA Diesel Approval Any Minute Now. Any Minute... I was sure that Dieselgate marked the end of any car company's aspirations to sell new diesels, ... FCA sold over 100,000 Jeep Grand Cherokee and Ram 1500 models outfitted with ...

and more »
Categories: P2P Lending

investUP Identifies Opportunities for P2P Lenders - Bobsguide (press release)

Mon, 07/24/2017 - 12:43

Bobsguide (press release)

investUP Identifies Opportunities for P2P Lenders
Bobsguide (press release)
The peer-to-peer lending industry is maturing, with the market growing at over 30% per annum, and figures suggesting it will be worth over £5 billion by the end of 2017; as such, the sector is now regulated by the FCA. There are currently more than 80 ...

Categories: EIS SEIS

Architas expands investment team ahead of Global Equity Income launch - Investment Week

Mon, 07/24/2017 - 07:58

Architas expands investment team ahead of Global Equity Income launch
Investment Week
The soon-to-be-launched fund will be co-managed by Alex Burn, who has been promoted to investment manager, having received FCA approval. He will also co-manage the multi-asset passive range alongside deputy CIO Sheldon MacDonald and senior ...

Report: Diesel Jeep Wrangler Still a Go After Dealer Meeting - The Truth About Cars

Sat, 07/22/2017 - 17:27

The Truth About Cars

Report: Diesel Jeep Wrangler Still a Go After Dealer Meeting
The Truth About Cars
A “fixed” EcoDiesel hasn't yet been approved. However, it seems FCA remains confident the EPA will eventually go its way. The dealer source claims a diesel Wrangler should appear in late 2019, nearly two years after the models's planned December 2017 ...

and more »
Categories: Crowdfunding

Janus Henderson backs rivals despite FCA pressure - Money Marketing

Fri, 07/21/2017 - 11:51

Money Marketing

Janus Henderson backs rivals despite FCA pressure
Money Marketing
In its report on the asset management industry, the FCA called for an all-in fee, restrictions on risk-free box profits, and a requirement for authorised fund managers to appoint a minimum of two independent directors to their board. But Smith says ...

FCA Worried by Lack of Readiness for MiFID II Reporting - www.waterstechnology.com

Fri, 07/21/2017 - 10:56

www.waterstechnology.com

FCA Worried by Lack of Readiness for MiFID II Reporting
www.waterstechnology.com
Speaking at a MiFID II event hosted by WatersTechnology, Hanks urged firms to make decisions about their Approved Reporting Mechanisms (ARMs) and Approved Publication Arrangement (APA) providers soon. ARMs will become regulated entities under ...

Pages