The European Securities and Markets Authority (ESMA) issued a first badge of position management controls under the Markets in Financial Instruments Directive (MiFID II). MFID II requires Member States to ensure that an investment firm or a market operator operating a trading venue which trades commodity derivatives apply position management controls. Investment firms or market […]

From today, one of the EU’s most ambitious set of financial reforms will be implemented. Markets in Financial Instruments Directive, or MiFID, II is an upgraded directive designed to offer greater protection for investors and inject more transparency into all asset classes: from equities to fixed income, exchange traded funds and foreign exchange. MiFID II […]

Financial fraud is a crime which involves deception of financial transaction for personal gain. It involves complicated transaction usually conducted by “white collar criminal” such as business professionals. Financial Fraud is an increasing problem across industries and this could be due to the difficulty of checking identities of companies and individuals as it is easy […]

ESMA has added 14 new Q&As to its document on the implementation of investor protection topics under the MiFID II/ MiFIR. The new Q&As cover the topics of ‘information on costs and charges’, ‘post-sale reporting’, and ‘appropriateness’. The overall MiFID II Q&A provide clarifications on the following topics: Appropriateness; Best execution; Suitability; Post-sale reporting; Inducements […]

Islamic Finance goes back centuries, however it has recently gained world-wide recognition. With the rise in ethics, Islamic Banking bridges this gap between capitalist and socialist financial systems through the values and rules it follows. Islamic Banking provides financial services that follow Shari’ah Islamic law and rules. This mean receipt and payment of interest is […]

With Brexit occurring, more and more investors are less willing to invest due to the economic turbulence. However, crowdfunding is offering an alternative to the traditional services in response to difficulties that may be faced by enterprises attempting to generate funding. Fintech continues to disrupt and revolutionise traditional services. The accessibility, mobility and technology has […]

Has your organisation updated its procedures, forms and wording for obtaining individual consents to ensure compliance with the GDPR? Despite the GDPR deadline quickly approaching and requirements it holds, only half of the UK’s IT decision-makers are aware of this EU data protection regulations. GDPR calls for an upgrade in technology in the Healthcare sector. […]

International law firms are preparing for GDPR, the EU General Data Protection Regulation. GDPR intends to strengthen and unify protection for individuals within the EU through a harmonised set of regulations. This makes it easier for non-EU companies to comply. GDPR will give citizens back the control of their personal data, extending the scope of […]

  With the ever-progressing convergence between physical and financial markets, there has been a growing need to stretch the scope of financial regulations to its various extended markets. After the reforms in the MiFID, the new and improved MiFID II has extended its focus to commodity markets. Commodities exchange refers to the trade of commodities […]

Blockchain: today’s revolutionary technology and the backbone of Bitcoin. Blockchain has recently gained the attention of countless individuals, from banks and governments to fishermen and farmers. Accepted as one of the most powerful technologies yet, Blockchain stores records with facts verified by everyone through a network of computers, which means it is not only decentralized […]