- Posts in January, 2021
CCL Collates Industry Response to DFSA Consultation Paper on the Regulation of Retail OTC Leveraged Products
In response to the release of CP135, CCL formed the OTC Derivative Broker Forum which is made up of existing OTC Derivative DIFC Firms and OTC Derivative Firms considering establishing in the DIFC. CCL’s role in the Forum is to administer meetings and act as its spokesperson and in doing so, documented the Forums response to CP135 which was subsequently submitted to the DFSA.
This edition includes - FCA Reminds Firms to be Ready for End of Transition Period, PRA Evaluation of the Senior Managers and Certification Regime, ESMA Updates EMIR Q&As, FATF Publishes Update on COVID-19 Related Money Laundering and Terrorist Financing Risks, FCA Fines Barclays over Treatment of Customer in Financial Difficulty.
This edition includes - DIFC Issues its First Licence to Provide Money Services in the DIFC, ADGM to Amend the Application of English Law Regulations 2015, Oman CMA Creates a New Department Against Money Laundering and Terrorist Financing, IOSCO Publishes Report on Education of Retail Investors Regarding Risks of Crypto-Assets.