14 April 2016

UK regulators publish proposals to enhance enforcement decision-making processes

The FCA and the PRA have today published proposals aimed at strengthening the transparency and effectiveness of their enforcement decision-making processes. The proposals address recommendations made by HM Treasury in its ‘Review of enforcement decision-making at the financial services regulators’ and Andrew Green QC’s ‘Report into the FSA’s enforcement actions following the failure of HBOS’. …

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ESMA announces EU-wide stress tests for CCPs

The European Securities and Markets Authority (ESMA) has announced today the publication of its first EU-wide stress test exercise regarding Central Counter-parties (CCPs) on 29 April 2016. ESMA is mandated to conduct stress tests of CCPs under the European Markets Infrastructure Regulation (EMIR). The stress test assesses the resilience and safety of the European CCP …

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In a nutshell – The FCA and information in the IPO process

What’s the news? The FCA has published a consultation paper on the availability of information in the UK Equity IPO process (DP 16/3). What is it about? An Initial Public Offering (IPO) occurs when shares in a private company are sold to the public. The details of the proposed offering are disclosed to potential purchasers …

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