What are the changes and what can you do to ensure your firm is compliant? ...
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15 July 2019 International accounting and advisory firm Mazars has published its Lloyd’s...
Following a survey of over 150 insurance brokers across the UK, our Insurance M&A experts report...
Our banking practice is led by a dedicated team of former regulators, industry executives and senior professionals with a wealth of knowledge and practical experience.
The intricate dynamics of the insurance industry create a challenging arena in which to operate. Combining this with enhanced regulation and continued pressure on solvency and capital adequacy means it is proving more important now than ever that FCA regulated entities adopt an effective approach to managing financial, operational and regulatory risk.
The regulatory environment for asset management firms has intensified in recent years with a growing number of new regulations. Among these are the Markets in Financial Instruments Directive (MIFID 2), the Undertakings for Collective Investment in Transferable Securities (UCITS) directives and the Alternative Investment Fund Managers Directive (AIFMD). This deeper regulatory environment has placed an increased pressure on asset management entities to balance the rising cost of compliance alongside stakeholder expectations under a more transparent and robust approach to risk management.