News

EE and Virgin Media fined

Ofcom has fined EE and Virgin Media a combined total of £13.3m for overcharging phone and broadband customers who wished to leave their contracts early. The penalties are the result of investigations into EE’s and Virgin Media’s early-exit charges. Phone and broadband companies can charge customers who decide not to see out the minimum term [...]

November 20th, 2018|Comments Off on EE and Virgin Media fined

ANA Launches Center For Brand Purpose

The ANA (Association of National Advertisers) has announced the launch of a new initiative designed to fuel business growth by helping marketers create purpose-driven, strategic programs and solutions for their products and services. Called the ANA Center for Brand Purpose, the new program will seek to become the marketing industry’s go-to source for education, guidance, [...]

November 19th, 2018|Comments Off on ANA Launches Center For Brand Purpose

MIFID II supervisory briefing on suitability

The European Securities and Markets Authority (ESMA) has published an updated version of its supervisory briefing on MiFID II suitability requirements. This publication is an updated version of ESMA’s 2012 supervisory briefing and takes into account the content of ESMA’s guidelines on certain aspects of the MIFID II suitability requirements published on 28 May 2018. This supervisory [...]

November 19th, 2018|Comments Off on MIFID II supervisory briefing on suitability

Consumer law advice sets out obligations for care homes

The Competition and Markets Authority (CMA) is providing advice so care homes understand their responsibilities under consumer law. The advice is being published as part of the CMA's ongoing consumer protection work into residential care homes and nursing homes for older people (over 65s). It follows the CMA’s examination of the sector last year, which found that some residents are [...]

November 16th, 2018|Comments Off on Consumer law advice sets out obligations for care homes

ESMA updates its Q&As on MIFID II and MIFIR

ESMA updates its Q&As on MIFID II and MIFIR market structure and transparency topics. The European Securities and Markets Authority (ESMA) has updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The new Q&As provide clarification on the following topics: Making data available free of [...]

November 15th, 2018|Comments Off on ESMA updates its Q&As on MIFID II and MIFIR