Investment managers
In this section
Tasks for regulated firms
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Authorised and recognised funds
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National Private Placement Regime (Small Third Country firms)
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National Private Placement Regime (Article 36 and Article 42 firms)
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Approved persons
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Senior Managers and Certification Regime
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Change in control
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Appointed representatives and principals
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Passporting
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Variation of permission
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Waivers and modifications
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Capital requirements permissions
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Fees and levies
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Regulatory reporting
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Change of legal status
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Standing data
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Contracts for difference
Your business
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Client money and assets
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Financial crime
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Money laundering and terrorist financing
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Whistleblowing
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Training and competence
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Recruiting, training and supervising staff
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Financial incentives
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Remuneration
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External audit requirements
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Compliance and other support
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Reviewing your resources
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Professional indemnity insurance
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Recording telephone calls
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Culture and governance
Your customers
Meeting investors’ expectations
We report the findings of our thematic review that considered how firms ensure they manage funds and segregated mandates as they say they will. We also considered how firms monitor the appropriate distribution of their funds.
EBA supplementary data collection from investment firms
In response to a call for advice from the European Commission, the EBA have been designing what they consider to be an appropriate prudential regime for investment firms. This is intended to apply to all MiFID investment firms, including those that will be newly regulated as a result of the implementation of MiFID II.
The final report and advice is due to be sent to the Commission in the autumn. To aid calibration of the proposed requirements and to inform the impact assessment, the EBA are now asking firms that will be affected by the proposed new regime to supply some additional targeted data.
Taking part in this exercise may be an opportunity for a firm to influence the final proposal in such a way that makes it more suited to its particular business model.
The short template and instructions on how to complete it are available on the EBA website.
Any investment firms that are, or expect to be, prudentially regulated by the FCA as a result of MiFID/MiFID II should email their completed templates to [email protected] by Friday 4 August 2017.
In focus
Contracts for difference
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