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Ofcom reaccredits Billmonitor price comparison service

Ofcom has reaccredited the Billmonitor price comparison service, marking ten years since it was first accredited by them. Billmonitor provides information that helps consumers and businesses to find the best mobile phone deals for their needs. Ofcom only accredits price comparison services once they have passed a rigorous audit to make sure the information they provide is [...]

November 15th, 2019|Comments Off on Ofcom reaccredits Billmonitor price comparison service

ESMA updates its Q&As on the Securitisation Regulation

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has pdated its Questions and Answers (Q&As) on the Securitisation Regulation (Regulation 2017/2402). The majority of Q&As in this document provide clarification on different aspects of the templates contained in the draft technical standards on disclosure which were recently published by the European Commission. In [...]

November 15th, 2019|Comments Off on ESMA updates its Q&As on the Securitisation Regulation

DG International Ratings SRL’s CRA registration withdrawn

The European Securities and Markets Authority (ESMA) has withdrawn the credit rating agency (CRA) registration of DG International Ratings SRL (previously Dagong Europe Credit Rating Srl) (DG International). The withdrawal decision follows the official notification sent to ESMA by DG International on 25 October 2019 of its intention to renounce its registration as a CRA [...]

November 14th, 2019|Comments Off on DG International Ratings SRL’s CRA registration withdrawn

ASIC relief from financial adviser compliance scheme obligations takes effect

The Australian Securities & Investments Commission (ASIC) has taken action to provide certainty to Australian financial services (AFS) licensees that they will not be in breach of the law because their financial advisers were not able to register with an ASIC-approved compliance scheme by 1 January 2020, as originally required. ASIC has granted a three-year [...]

November 14th, 2019|Comments Off on ASIC relief from financial adviser compliance scheme obligations takes effect

EBA launches consultation on draft amended technical standards on passport notification

The European Banking Authority (EBA) have published a Consultation Paper on the draft amended Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on passport notification. The review of the two Regulations aims at improving the quality and consistency of information to be provided by a credit institution notifying its home competent authorities when it [...]

November 14th, 2019|Comments Off on EBA launches consultation on draft amended technical standards on passport notification

ASIC gives guidance on companies’ whistleblower policies and relief to small not-for-profits

The Australian Securities and Investments Commission (ASIC) have provided guidance to assist companies meet their obligation to have a whistleblower policy. As part of the corporate sector whistleblower reforms, public companies, large proprietary companies, and proprietary companies that are trustees of registrable superannuation entities must have a whistleblower policy available to their officers and employees [...]

November 13th, 2019|Comments Off on ASIC gives guidance on companies’ whistleblower policies and relief to small not-for-profits