Funds & asset management

 

Latest Reports

  • watermelon bowling strike

    Until recently, directors of regulated firms were permitted to serve as directors on a self-employed basis and, at the same time, to perform their operational functions as employees. Those days are now over. This change has involved a number of stages. The first milestone in this reform was the adoption ...

  • abstract multicolour

    On 22 June 2021, HM Treasury (“HMT”) published its response (the “Consultation Response”) to its earlier consultation (the “Consultation”) in July 2020, announcing changes to legislation and the regulatory framework for approving financial promotions for unauthorised persons. 1. Background Currently, authorised firms may approve the financial promotions that are made ...

  • watermelon bowling strike

    On 15 July, the FCA published its Business Plan and set out its key priorities for the year ahead. There is much talk about the FCA’s own internal transformation programme and how the organisation intends to become a forward-looking, proactive data-led regulator which is prepared to meet future disruption head ...

  • Thumbnail RegZone Webinars abstract shapes

    This page contains news of upcoming webinars and recordings of recent CMS webinars, available to view on demand. Webinars are a convenient way to stay informed and hear from our legal experts. Webinars available on demand: 05.05.2021 Brexit webinar on UK authorisation for EU financial institutions - the end of ...

  • pencils blue pink background

    On 14 April 2021, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) sent a “Dear CEO Letter” to the chief executive officers of banks and building societies regarding the use of deposit aggregators and how to mitigate some of the key risks (link). However, the regulators were also ...

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Jargon Buster

Agency Database

  • Bank of Spain
    Term:
    Bank of Spain
    Other Names:
    Banco de Espana
    Definition:
    Central bank. The competent authority for the supervision of payment institutions (note the competent authority for the authorization of payment institutions is the Spanish Ministry of Finance).
    Area:
    Type:
    Regulator
    Country:
    Spain
    URL:
    http://www.bde.es/bde/en/
  • Bank of Portugal
    Term:
    Bank of Portugal
    Other Names:
    Banco de Portugal
    Definition:
    Area:
    Type:
    Regulator
    Country:
    Portugal
    URL:
    https://www.bportugal.pt/
  • Bank of Italy
    Term:
    Bank of Italy
    Other Names:
    Banca d’Italia
    Definition:
    Central bank: banking and financial supervision. The competent authority for the authorisation and supervision of payment institutions (article 20).
    Area:
    Type:
    Regulator
    Country:
    Italy
    URL:
    https://www.bancaditalia.it/homepage/index.html?com.dotmarketing.htmlpage.language=1
  • Bank of Greece
    Term:
    Bank of Greece
    Other Names:
    Definition:
    Responsible for implementing the Eurosystem's monetary policy in Greece and safeguarding the stability of the Greek financial system.The competent authority for the authorization and supervision of payment institutions.
    Area:
    Type:
    Regulator
    Country:
    Greece
    URL:
    https://www.bankofgreece.gr/en/homepage
  • Bank of France
    Term:
    Bank of France
    Other Names:
    Banque de France
    Definition:
    Monitors and regulates the banking market. Competent authority for the authorisation and supervision of payment institutions (specifically within the Bank La comité des établissements de credit et des entreprises d'investissement and La Commission bancaire).
    Area:
    Type:
    Regulator
    Country:
    France
    URL:
    http://www.banque-france.fr/accueil.html
  • Bulgarian National Bank
    Term:
    Bulgarian National Bank
    Other Names:
    BNB
    Definition:
    Regulates and supervises other banks' activities for the purpose of ensuring the stability of the banking system and protecting depositors' interests. The competent authority for the authorisation and supervision of payment institutions.
    Area:
    Type:
    Regulator
    Country:
    Bulgaria
    URL:
    http://www.bnb.bg/?toLang=_EN
  • Netherlands Authority for the Financial Markets
    Term:
    Netherlands Authority for the Financial Markets
    Other Names:
    AFM
    Definition:
    Area:
    Type:
    Regulator
    Country:
    Netherlands
    URL:
    http://www.afm.nl/en
  • Swiss Financial Market Supervisory Authority
    Term:
    Swiss Financial Market Supervisory Authority
    Other Names:
    FINMA
    Definition:
    Area:
    Type:
    Regulator
    Country:
    Switzerland
    URL:
    http://www.finma.ch/e/Pages/default.aspx