Waystone Creates Global Compliance Offering

Waystone, the leading, global governance and third-party management company has today announced the creation of a new global compliance offering via the merging of four compliance service providers.

Regulatory Update: Middle East Edition - May 2021

This edition includes - Launch of DIFC FinTech Accelerator 2021, FSRA Issues a Dear SEO/MLRO/RP Letter regarding CTF and CBB Announce Digital Currency Settlement Collaboration.

Regulatory Update: UK Edition - May 2021

This edition includes - FCA Updates Statement on the Operation of MiFID Markets Regime, EBA Consultation on Proposal for a Central AML/CTF Database and FCA Fines Sapien Capital Limited for Risk of Facilitating Fraudulent Trading and Money Laundering.

CCL Regulatory Update: Middle East Edition - April 2021

This edition includes - DIFC Announces Proposed Intellectual Property Regulations for Consultation, FSRA Introduces New Regulatory Framework for Third Party Financial Technology Services, SCA Holds Webinar on Corporate Governance for Public Joint-Stock Companies, Update to the UN Sanctions List, CBUAE Imposes Financial Sanction on an Exchange House.

CCL Regulatory Update: UK Edition - April 2021

This edition includes - FCA Consults on New UK Prudential Regime for MiFID Investment Firms, PRA Publishes Consultation Paper to Correct Remuneration Definition, ESMA Updates SFTR Q&As, JMLSG Publishes Proposed Revisions to Part II of its Guidance, FCA Stops FXVC Offering CFDs to UK Customers.

CCL Regulatory Update: Middle East Edition - March 2021

This edition includes - DIFC Records Highest Number of Annual Registrations Since Inception, FCPU Host Workshop on Targeted Financial Sanctions, Proliferation and Terrorist Financing, SCA Holds First Board Meeting of 2021, FATF Opens Consultation on a Risk-Based Approach to Virtual Assets and VASPs Guidance, Watchdog Bans City of London Trader for ‘Wash Trading’.

CCL Regulatory Update: UK Edition - March 2021

This edition includes - FCA Launches Campaign to Encourage Individuals to Report Wrongdoing, PRA Publishes Statement on Expectations to Outsourcing and Third-Party Risk Management, ESMA Updates Q&As, ESMA Updates Q&As, FCA Fines and Prohibits Trader for Market Abuse.

CCL Regulatory Update: Middle East Edition - February 2021

This edition includes - DIFC Embraces the Future of Finance with Tokenisation of Digital Assets, ADGM Enacts the Data Protection Regulations 2021 and Joins the Global Privacy Assembly, UAE Central Bank Issues Stored Value and Electronic Payment Systems Regulatory Framework, FATF Publishes the “Grey” and “Black” Lists.

ADGM DPR Checklist

The ADGM Data Protection Regulations 2021 (“DPR”) are now in force and are the most comprehensive yet. Whilst the extent of the requirements may differ from firm to firm, this high-level checklist will help you to get started.

CCL Regulatory Update: UK Edition - February 2021

This edition includes: FCA Webpage on Regulatory Changes After End of Transition Period, SM&CR Forms Update, ESMA Consults on Appropriateness and Execution-only under MiFID II, FCA on Financial Crime Systems and Controls During COVID-19, FCA Launches High Court Proceedings Against Paul Steel and Jacqueline Foster.

Regulatory Insight: The ADGM Data Protection Regulations 2021

The Abu Dhabi Global Market (“ADGM”) has introduced the Data Protection Regulations 2021 (“DPR”). This article looks at the key points that your firm should be aware of.

CCL Regulatory Update: UK Edition - January 2021

This edition includes - FCA Webpage on Regulatory Changes After End of Transition Period, SM&CR Forms Update, ESMA Consults on Appropriateness and Execution-only Under MiFID II, FCA on Financial Crime Systems and Controls During COVID-19.