Compliance professionals wrestled with current challenges at the latest Global Relay Hedge Funds event in London.

Thematic review points to persistent recordkeeping issues at firms stemming from inadequate controls and use of error-prone manual systems.

Other news includes a whistleblower testifying that Facebook was working with CCP on censorship, Treasury announcing the rollback of 15 rules and guidance statements, and the publication of several ESMA documents.

Next steps for firms, including preparing to take advantage of the new exemptions and submitting required applications to relevant trading venues.

Panelists from Bank of America, NatWest and Natixis discussed the challenges of multiple trade venues.

FCA says new rules will make it easier to buy insight and analysis across borders. We spoke to Seung Earm from Ibex Compliance for the industry view.

Government concern about the state of the energy markets has led to new rules, and to action by regulators targeted at the energy and commodity sector.

Survey finds only 9% of firms are ready to handle the EU's Markets in Crypto-Assets Regulation.