Regulation
Jersey Financial Services Commission publishes its MONEYVAL action plan
Some recommendations need more data before the JFSC can decide on solutions and timelines
UK SIPP provider Intelligent Money declared in default
During initial investigations the FSCS obtained key documents relating to a specific cohort of claims
Macquarie Bank London branch fined £13m by FCA over hundreds of ‘fictitious trades’
The fictitious trades cost MBL an estimated $57.8m to unwind
Middle East | 26 Nov 24
Dubai FSA completes eight enforcement cases in 2024 against individuals and firms
The regulator also issued 24 alerts over this period
EFAMA calls on EC to avoid applying ‘bank-like regulation’ on asset managers
Europe needs more holistic and rigorous analyses to determine where financial stability risks lie