Category: Press Releases

The Financial Conduct Authority (“FCA”) has published a list of providers it intends to authorize when the pre-paid funeral plans industry comes under its regulation from 29 July. There are 24 firms on the list, including the largest funeral plan providers. Together these firms hold approximately 87% of existing customer plans. The FCA is still...

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes a report on the Common Supervisory Action (CSA) on costs and fees for investment funds, that was carried out with National Competent Authorities (NCAs) during 2021. ESMA highlights, in the Report, the importance of supervision in ensuring investors are not charged...

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has elected a new member to its Management Board to replace an outgoing member who has stepped down from her position. The election took place at the Board of Supervisors meeting in Paris on 12 May and the successful candidate, who will serve...