Written and edited by Christopher Bond, Chartered MCSI, senior adviser to the CISI, this quarterly magazine covers the universe of financial regulation for retail and wholesale/capital markets firms, and for banks.
This edition looks at how the Financial Conduct Authority (FCA) will exercise its new competition powers, starting with investment banking, tough negotiations on treating large asset managers as systemically risky, the threat under MiFID II to non-independent research, the UK regulators’ focus on bank culture, including the Banking Standards Board and board management information on culture, and the FCA’s approach to central investment propositions and model portfolios.
Highlights from this edition include:
A senior management information dashboard
A one-page summary of key changes, divided between retail, buy-side, sell-side, banking and of importance for all firms.
The FCA's approach to firms' business strategies
When and how will the FCA make a judgment on your business model?
Read now
FCA comments on central investment propositions (CIPs), model portfolios and suitability
The regulator has finally addressed the reality of these popular approaches and how they square up to suitability duties.
Read now
The Fair and Effective Markets Review 
This key Government initiative has the power to change some markets forever. The article looks at what its aims are, and how it is likely to affect the fixed income, commodities and currency markets.
Read now
Do governments and regulators understand the collective impact of regulatory changes?
The European Banking Authority takes a surprisingly realistic view of some unexpected consequences. Over to the politicians!
Read now
Read the full PDF
Read the international edition
Read the glossary
Please note that CPD will not be automatically recorded for reading this PDF.