Regulatory
Front Office Control Framework
In these days of increased regulatory scrutiny over the asset management industry, with all the protections around customers of investment staff, is it any wonder that firms are turning their attention to risks and controls within their front office controls operations?
Read MoreISC Regulatory Change Forum
We are excited to share the success of ISC’s latest Regulatory Change Forum, which delved into crucial discussion on the evolving regulatory landscape.
Read MoreRegulatory Change Discipline – Dedication’s What You Need
In this article we explore whether asset managers should have a team dedicated to delivery nothing but regulatory change
Read MoreFinancial Services and Markets Act 2023 & Edinburgh/Mansion House Reforms
The Financial Services and Markets Act 2023 & Edinburgh / Mansion House Reforms will be occupying minds for a while to come.
Read MoreKey Challenges faced by Asset Managers under US T+1
As anyone in the asset management industry will know, there is a 28th May 2024, implementation date for the move to T+1 settlement for transactions in US cash equities, corporate debt, and unit investment trusts. The transition to a T+1 settlement cycle in the US will have a significant impact on asset management firms.
Read below for more information into the key areas which will be impacted.
Read MoreISC Regulatory Change Forum – 4th July 2023
Are you working within Regulatory Change in the Investment Management Industry?
Our forum can help you….
Read MoreConsumer Duty – FCA Podcasts for the 4 outcomes
With the end of July deadline for Consumer Duty fast approaching, we thought it would be useful to remind industry participants about the FCA podcasts for the 4 outcomes
Read MoreConsumer Duty – Deadline for implementation is rapidly approaching
Firms has less than two months to implement the Consumer Duty, which comes into force on 31st July.
Four key outcomes that firms need to assess under the Consumer Duty:
– Products & services
– Price & value
– Consumer understanding
– Consumer support
How do the FCA’s cross-cutting and category specific work together to meet the SDR requirements?
The FCA’s approach to Sustainable Development Goals (SDGs) involves both cross-cutting measures and category-specific measures, each with a different focus and objective.
Cross-cutting measures are designed to address sustainability challenges that cut across multiple sectors and industries. These measures aim to ensure that sustainability considerations are integrated into investment decisions across different asset classes and investment categories. For example, cross-cutting measures may involve integrating environmental, social, and governance (ESG) factors into investment decision-making, regardless of the specific investment category.
Read MoreOver 1 Year In – How are you getting on with Operational Resilience?
The Financial Conduct Authority (FCA) requires for firms to implement operational resilience plans by 31st May 2022. As it stands, we are 1 year into a 3-year implementation period running from 31st March 2022 to 31st March 2025. By May 2023, firms should have made significant progress towards operational resilience and be ready to report where Impact Tolerances are exceeded
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