Regulatory Update: Non-workplace pensions

FCA Discussion Paper 18/1: Effective competition in non-workplace pensions The FCA has published a discussion paper (DP 18/1) to solicit feedback on the market for non-workplace pensions, competitive dynamics and potential consumer protection measures. It estimates that individual private pensions, are valued at around £400bn (assets under management), significantly more than is invested in contract-based […]

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Regulatory Update: APP fraud

FCA “Dear CEO” letter on authorised push payment (APP) fraud A ‘’Dear CEO’’ letter has been issued by the FCA covering “Authorised Push Payment” (APP) fraud, noting the development of new APP Best Practice Standards for sending and receiving banks when handling fraud issues, with the potential to significantly improve the experience of those affected. […]

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Regulatory Update: IOSCO

IOSCO issues recommendations to improve liquidity risk management for investment funds The International Organisation of Securities Commissions (IOSCO) has published two final reports in relation to risk management of investment funds: Recommendations for Liquidity Risk Management for Collective Investment Schemes. Replacing the liquidity risk management framework contained in IOSCO’s 2013 report Principles of Liquidity Risk […]

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Regulatory Update: Commodity derivative contracts

FCA position limits for commodity derivative contracts Under Regulation 16 of The Financial Services and Markets Act (Markets in Financial Instruments) Regulations 2017, Article 57 of MiFID II and Regulatory Technical Standard 21, The Financial Conduct Authority (FCA) have published position limits on an additional commodity derivative contract, traded on a UK trading venue. These […]

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Regulatory Update: European MMFs Regulation

CP18/4: The European Money Market Funds (MMFs) Regulation As a consequence of the Money Markets Funds ( MMFs ) Regulation, new MMFs will be captured from 21st July 2018, with existing MMFs impacted from 21st January 2019. The FCA is therefore making Handbook revisions and has published Consultation Paper 18/4 – ‘The European Money Markets […]

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Regulatory Update: PRIIPs

FCA statement on communications in relation to PRIIPs The FCA web-site has been updated in respect of packaged retail and insurance based investment products (PRIIPS) in response to concerns that have been highlighted by some Firms in relation to the ‘performance scenario’ information contained within the ‘Key Information Document’ (KID), with the potential to mislead […]

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Regulatory Update: Ethiopia

Commission Delegated Regulation adding Ethiopia to the list of high risk countries Firms should be aware that Ethiopia has been added to the list of high-risk third countries via the Official Journal of the European Union (OJ) Commission Delegated Regulation (EU) 2018/105 of 27 October 2017 which amends Commission Delegated Regulation (EU) 2016/1675. This arises […]

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MiFID II

Calling all research teams MiFID II presents in-house research teams with a seismic change in the way their output is distributed and valued. Unbundling means research must be purchased by the buy-side with clear value metrics embedded.  In short, you can no longer just be an add-on to the Sales team but must now justify […]

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Introducing ComplianceSOS®

Met Facilities is pleased to announce that ComplianceSOS® is now a registered UK and EU trademark and brand. This forms part of the Met Consult suite of services for clients who need help to: understand, plan for and solve their compliance and risk related issues direct FCA authorisations review financial promotions mediate disputes or complaints […]

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Finance Monthly (M&A) Awards 2017

Finance Monthly Awards 2017: Compliance Consulting We would like to extend our appreciation to Finance Monthly for awarding Met Facilities the Compliance Consulting award for 2017. Met Facilities is honoured to receive such a prestigious award, which recognises us as the leading provider of FCA regulatory hosting services.  Our philosophy on “focusing on what matters” resonates […]

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HFM Awards 2016

Met Facilities were delighted to be shortlisted at the latest HFM European Services Awards. We were finalists in both ‘Best Regulatory Hosting Platform’ and ‘Best Advisory Firm – Regulation and Compliance’ categories. It is always rewarding to have our work and efforts recognised and it spurs us on to continually improve our services.  It was […]

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Website Launch

The Met Facilities team is delighted to announce the launch of our new website. With our ambitions to grow our business, expand our services and improve our network of partners, this website will be an improved portal of information and connectivity. We look forward to sharing news of regulatory updates, market insights and industry events. […]

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