In this edition of Regulatory Focus, Duff & Phelps’ compliance experts round up the news from the UK and European regulatory authorities, summarize recent enforcement actions, and highlight a proposed change to the U.S. Securities and Exchange Commission (SEC) rules on Form 13f, which could lead to a significant increase in the reporting threshold for institutional investment managers.
SEC Proposes Amendments to Update Form 13F for Institutional Investment Managers
Jul 13, 2020
Fake Financial Services Register
Please note that the Financial Conduct Authority (FCA) released a statement on June 11, 2020 drawing attention to an attempt by scammers to reproduce its Financial Services Register. It confirmed it was working to have the website taken down and has alerted members of the public on its website and through social media.
Nikhil Rathi has been appointed as the new Chief Executive of the FCA and is expected to take up his role in the Autumn. He is currently the CEO of the London Stock Exchange and has previously worked in HM Treasury. The announcement from the FCA can be viewed here.