InVest - September 2016 | Addleshaw Goddard LLP

This month's roundup of developments affecting banks, wealth managers, brokers and funds sees ESMA reporting on the risk outlook for EU securities markets, the eleventh progress report on the OTC derivatives market reforms from FSB, the "lifestyling" of Child Trust Funds to be removed for stakeholders and FCS MiFID II implementation roundtable: minutes published.

Progress report on measures to reduce misconduct risk from FSB
Standard initial margin model launched
Pensions advice allowance consultation from HM Treasury
Registration authorities list published by GLEIF
ESMA reports on risk outlook for EU securities markets
IA: revised approach to statement of principles
CPMI and IOSCO second consultation on harmonisation of unique product identifier
ABI publishes pension freedom data – April 2015-2016
EC Implementing Regulation establishes list of critical benchmarks
BoE working group on sterling risk-free reference rates – June 2016 minutes
Hidden fund fees called into question by IA
FCA Interim report on asset management market study delayed
Industry assets reach a 12-month high despite June volatility

Compliance calendar for OTC derivatives updated
Eleventh progress report on OTC derivatives market reforms from FSB
Delegated Regulation on RTS for methodologies and principles on valuation of derivatives liabilities under BRRDAddendum to draft RTS on margin requirements for uncleared OTC derivatives

FCS MiFID II implementation roundtable: minutes published
Good practice for fees and expenses of collective investment schemes
Investment Association: Industry assets reach record high as outflows slow
EC adopts Delegated Regulation on RTS specifying requirements for algorithmic trading
EC adopts Delegated Regulation on RTS for reporting of transactions to competent authorities
IOSCO consults on good practices for termination of investment funds
FCA MiFID II implementation roundtable minutes