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April's Compliance Updater:

- Spotify becomes the largest direct listing on record.
- Slip up in the FTSE Russell index – LongFin in, then out.
- FCA reveals first set of rules after asset management market study.
- US reveals tough sanctions on seven high profile Russian businessmen.
- Deripaska’s sanctions release plan?
- UK tax authority plans clampdown on avoidance.
- UK Financial Reporting Council following the financial services regulatory lead.

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March's Compliance Updater:

- Britain’s first unexplained wealth order.
- US DoJ charges UK broker for pumping and dumping.
- Google received 2.4m requests to be forgotten.
- Saudi Aramco IPO delayed until 2019.
- Trump blocks proposed deal between Broadcom and Qualcomm.
- FCA calls on firms to reform culture.
- Facebook and Cambridge Analytica face criticism.
- Tim Cook distances Apple from the Facebook personal data scandal.
- EU leads call for a ‘digital levy’.
- Grant Thornton leaves the UK FTSE 350 audit work to the big 4.

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February's Compliance Updater:
- Gazprombank reprimanded by Switzerland’s Finma.
- FCA’s Bailey calls for an EU financial regulation transition pact.
- Yellen’s last move puts sanctions on Wells Fargo.
- Banks clearly concerned by ‘Big Tech’.
- US joins in the campaign to stop any restrictions on non-EU fund managers.
- Top-rated London small-cap equity fund manager departs in mysterious circumstances.

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January's Compliance Update:
- China issues draft rules to cut red tape for foreign banks.
- Ant’s bid for MoneyGram blocked by US regulator.
- PWC deemed professionally negligent in Colonial Bank audit.
- US tax reforms lead to one-off hits at big banks.
- Flaws in microchips revealed.
- IT systems hold firm at the start of MiFID II.
- FCA bans and fines former RBS trader.
- ‘Serious concern’ from FCA over CFD firms.
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Octobers Compliance Update:
- AIG set for massive compliance savings.
- Cybercrime remains in the news.
- EU goes after Amazon and Apple for tax.
- Transparency International issues best practice guidance for anti-bribery and corruption.
- MiFID II continues to raise issues.
- UK FCA bans two husband and wife teams.
- US banks and insurers face hard decisions re audits of their European subsidiaries.
- Merrill Lynch fined by UK regulator for reporting failures.
- Former HSBC banker found guilty of fraud in the US.
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MiFID II - 5 things to consider NOW

We should all be aware that MiFID II, the second iteration of the Markets in Financial Instruments Directive, is applicable for EU firms from the beginning of 2018. Here are 5 key changes that firms should have considered in readiness.

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Septembers Finance Updater includes:
- Banks seek clarity over cross-border contracts after Brexit.
- Saudi Aramco IPO prompts inquiry into UK listing rule changes.
- Massive US cyber security breach.
- Goldman continues its move towards ‘Main Street’.
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Finance Updater - The Financial World in Brief. A summary of key finance stories from around the globe for the month of August. To start receiving our updates directly subscribe here:
https://www.cclacademy.com/newsletter/

In this months update we look at the following:

Brexit estimated to cost HSBC $200m to $300m.
Deutsche commits to London property despite Brexit.
Wall Street takes first step towards loosening the Volcker rule.
Steven Cohen’s family office rejected by UK’s FCA.
BAT raise $17.5bn from bond sale.
Commonwealth Bank of Australia in AML breach.
10 years on - $150bn in US fines racked up.
Vanguard makes MiFID decision.
AIM due diligence slip up.
PE funded Learndirect is in trouble.
Audit giants hit with fines on both sides of the Atlantic.
Hedge fund guru concerned about politics.
Linklaters resigned over Barclays Qatar loan.
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Finance Updater - The Financial World in Brief. A summary of key finance stories from around the globe for the month of July. To start receiving our updates directly subscribe here
https://www.cclacademy.com/newsletter/

In this months update we look at the following:

UK Finance created by merging six trade bodies.
Worldpay Group agrees to be acquired by US rival Vantiv.
Samsung set to surpass Apple in quarterly profits.
Snap Inc underwriter downgrades its target to below the IPO price.
Pearson further reduces its stake in Penguin.
RBS reaches settlement over MBS mis-selling.
UK inflation dips to 2.6%.
Vanguard closing in on BlackRock.
Brexit boosts for Frankfurt and Amsterdam.
MiFID II’s research provisions begin to bite.
FCA predicts the end of Libor.
AT&T issues $22.5bn of bonds.
FCA widens the ‘senior management regime’.
Amazon joins the half a trillion dollars club.
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Finance Updater - The Financial World in Brief. A summary of key finance stories from around the globe for the month of June. To start receiving our updates directly subscribe here
https://www.cclacademy.com/newsletter/

In this months update we look at the following:

Saudi Aramco facing tough choices over key international exchange for IPO.
Boutiques joining top table for M&A advice.
Janus and Henderson complete their merger.
LSE buys into fixed income indices.
SocGen IPOs car leasing business ALD on Euronext Paris.
HSBC faces new claim of forex rigging.
Santander buys rival Banco Popular for €1.
US Fed increases interest rate by 0.25%.
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