Wednesday, December 30, 2020
ACA ALERT: GLOBAL REGULATORS REMIND FINANCIAL SERVICES FIRMS OF THE IMPORTANCE OF TECHNOLOGY IN DETECTING FINANCIAL CRIME

In recent weeks, global regulators including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the UK Financial Conduct Authority (FCA) have each issued communications regarding their ongoing commitment to detecting and punishing insider trading, market abuse, and other misconduct by investment management firms. Below is a summary of recent regulatory announcements and enforcement actions in this area:

The SEC’s Division of Enforcement (“Enforcement”) 2019 Annual Report noted the use of technology in bringing enforcement cases for market manipulation and insider trading: Read more here

The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert calling out code of ethics deficiencies in examinations of registered investment companies. Read more here

The CFTC continues to crack down on spoofing, having last week ordered a proprietary trading firm to pay a record $67.4 million penalty for engaging in a manipulative and deceptive scheme. Read more here

 The FCA’s Director of Innovation, Nick Cook, spoke recently to the need for the regulator to embrace technology and innovation to keep pace with technological change in the markets it regulates. Read more here

ACA COMPLIANCE GROUP

Logotipo do Compliasset

Somos o software de gestão de Compliance regulatório, Integridade e Privacidade líder no mercado de capitais.


Canal de Denúncias

Denuncie Irregularidades

Canal de LGPD para os titulares de dados que a Compliasset controla

Faça um pedido

Fique por perto

Histórias de inovação na área de Compliance. Os casos que apresentamos aqui são contados por pessoas que estão no dia-a-dia do Compliance das mais variadas organizações.

Debates com referências do mundo jurídico e de Compliance. Um papo dinâmico conduzido por Nicole Dyskant com foco em inovações, desafios e insights.

Histórias de inovação na área de Compliance. Os casos que apresentamos aqui são contados por pessoas que estão no dia-a-dia do Compliance das mais variadas organizações.

Debates com referências do mundo jurídico e de Compliance. Um papo dinâmico conduzido por Nicole Dyskant com foco em inovações, desafios e insights.



Compliasset Software e Soluções Digitais Ltda. Todos os direitos reservados