Regulation
Hong Kong SFC bans ex-UBS associate director for life
His criminal convictions led the SFC to consider him not a fit and proper person to be licensed or registered to carry on regulated activities
FCA to launch selling probe into commission practices on protection products
The FCA will focus primarily on the sale of four specific types of products
Swiss regulator FINMA officially approves insurance industry self-regulation plan
The new self-regulation enters into force on 1 October 2024
Bumpy ride for asset managers as new EU ESG labels for funds deadline approaches
Many funds will have to divest from certain companies or industries, amend product names, or risk falling short of guidelines’ expectations
Regulation | 21 Aug 24
UK financial firms to get ‘more auditor challenges’ following FCA investigations
The auditor failed to identify and report 25 breaches of the CASS rules by two regulated firms