March 2018 Regulatory Updates

March 28th 2018

The Autorité des marchés financiers (AMF) is warning the public against several companies proposing atypical investments without being authorized to do so

Warning Savings protection Atypical products Warning The Autorité des marchés financiers (AMF) is warning the public against several companies proposing atypical investments without being authorized to do so

Why this matters

This warning from the AMF is targeted at companies offering atypical investments without proper authorization, which poses risks to consumers and requires urgent attention from relevant financial firms.

Sectors:

Topics:

Consumer Protection / Conduct Authorisation & Licensing

Asset ManagerWealth ManagerFintech

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🇮🇪 CBI News Significant

March 20th 2018

Credit Reports now available

Following a satisfactory review of the data submitted by banks and credit unions, to the Central Credit Register, the initial enquiry phase has now commenced. This means that from today borrowers and lenders can request a copy of credit reports from the Central Credit Register. Data on mortgages, personal loans…

Compliance Deadline: 30 September 2018

Sectors:

Banking & Credit Consumer Credit Mortgage & Lending

Topics:

Consumer Protection / Conduct Reporting & Disclosure General

BankCredit UnionAll Firms

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🇫🇷 AMF Warning

March 15th 2018

The Autorité des marchés financiers (AMF) is publishing a list on its website of unauthorized companies proposing atypical investments without being authorised to do so

Warning Savings protection Crypto-assets Atypical products Warning The Autorité des marchés financiers (AMF) is publishing a list on its website of unauthorized companies proposing atypical investments without being authorised to do so

Why this matters

This regulatory update from the AMF warns about unauthorized companies offering atypical investments, which is a consumer protection and authorization issue for crypto and fintech firms.

Sectors:

Banking & Credit Investment Management Crypto & Digital Assets

Topics:

Consumer Protection / Conduct Authorisation & Licensing

Crypto ExchangeFintech

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🇮🇪 CBI Report

March 7th 2018

Demographics of applications for regulatory approval for senior financial roles released

Report breaks down applications for regulatory approval by age, gender and country of origin. The Central Bank remains concerned by the continued evidence of a lack of diversity at senior level in regulated firms. Some small improvements in banking, asset management and credit union sectors, but overall percentage of…

Why this matters

This is a press release and data publication from the Central Bank of Ireland announcing demographic analysis of 3,600+ applications for senior role approvals under the Fitness and Probity regime.

Sectors:

Banking & Credit Investment Management

Topics:

Senior Managers / Governance Consumer Protection / Conduct

All Firms

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