Hammer

July 2018: Regulatory Update

On July 5, 2016, the European Commission released a fifth revision of the Anti-Money Laundering Directive (“5th AML Directive” or “5AMLD”). The latest revision adds weight to the Commission’s ongoing battle to strengthen protocols in the fight against money laundering and terrorist financing.

Hammer

June 2018: REGULATORY UPDATE

GDPR – Legal Footprint of Data Protection Laws GDPR has been one of the most widely talked about regulations in recent times. Contested and examined for hours amongst business owners, lawyers and consumers alike. Interpretations have differed widely but what is now undisputable, is the legal requirement to comply. As of May 25, GDPR became a…

Apex Regulatory Update

FEBRUARY 2018: REGULATORY UPDATE

Apex’s Regulatory Update covers global standards and directives affecting fund managers across all jurisdictions – read the latest on regulation and compliance in your geography. This update includes updates on regional GDPR activity and MiFID II requirements/changes.

Apex Regulatory Update

APEX REGULATORY UPDATE: OCTOBER 2017

Apex’s Regulatory Update covers global standards and directives affecting fund managers across all jurisdictions – read the latest on regulation and compliance in your geography. This update includes information GDPR, Anti-Money Laundering Regulations and how to best manage these risks.

Regulation hammer

APEX REGULATORY UPDATE: JULY 2017

Regulation 2015/847 | Revised Wire Transfer Regulation An updated anti-money laundering and counter-terrorism financing framework came into effect in the European Union (EU) on June 26, 2017; including the fourth Anti-Money Laundering Directive (AMLD4) and the revised Wire Transfer Regulation (WTR2). In line with the Financial Action Task Force’s (“FAFT”) Special Recommendation VII, (“SR VII”) which…

Regulation hammer

APEX REGULATORY UPDATE: MAY 2017

EU Benchmark Regulation: From the 1st January 2018, a new EU Benchmark Regulation (“BMR”) will apply to financial markets. BMR introduces a common framework to ensure the accuracy and integrity of indices used as ‘benchmarks’ in financial instruments, financial contracts, or to measure the performance of investment funds in the Union. This Regulation thereby contributes…

Regulation hammer

APEX REGULATORY UPDATE: JANUARY 2017

General Data Protection Regulation: GDPR On May 4, 2016 the General Data Protection Regulation “GDPR” (Regulation 2016/679) was published in the Official Journal, replacing the former Directive. This revised directive will be applicable in all EU Member States as of May 25, 2018 and does not require the implementation of national legislation. One of the key items addressed as part…

Regulation hammer

APEX REGULATORY UPDATE – APRIL 2016

New Proposed Anti-Money Laundering Rule for Investment Advisors On August 25, 2015 – The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking relating to all investment advisers registered or required to be registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940, as amended…