Regulated firms have just over six months to become compliant and update their systems and processes: compliance tips and best practice.
Neil Robson, Katten
The FCA’s review is intended to help PTFs comply with existing requirements and does not create any new obligations.
Neil Robson has reservations about the reality of the UK Government’s ambitions for regulation.
Companies in scope include: those trading on an EU-regulated market, and non-EU companies generating annual EU revenues $166m+.