Bovill: Financial services regulatory consultants
Bovill Newgate Global > Bovill Newgate Global > Insights

Insights

Regions

Categories

| Americas

US Newsletter | November 2024

NEWSLETTER: With the U.S. heading into another Trump presidency, it’s safe to say that it will remain a key market for global businesses. Understanding the way these results will change…

| UK & Europe

UK Newsletter | November 2024

NEWSLETTER: The new Labour government has officially kicked off its economic growth agenda, with Rachel Reeves making her first Mansion House speech as chancellor this month.  The speech shows that there is…

| UK & Europe

Failure to prevent fraud: Getting operationally ready

The UK Home Office has published guidance on its ‘failure to prevent fraud’ offence, aimed at enhancing corporate accountability in combating fraud. To avoid legal repercussions, firms have until the…

| Americas

Using your annual review to build a long-lasting culture of compliance

One of the most important, albeit often overlooked, factors of success is building and maintaining a strong culture of compliance across the organization. The annual review is an important milestone…

| Asia

Unpacking the New OTC derivatives regime: What You Need to Know

The HKMA and SFC have released a conclusion paper on 26 September 2024 regarding enhancements to the over-the-counter derivatives reporting regime. Following a consultation paper published in March 2024, the…

| Asia

Deadline approaches to comply with new SFC market sounding guidelines

A two-month public consultation on the Proposed Guidelines for Market Soundings was initiated by the SFC in October 2023, These guidelines aimed to help intermediaries comply with the principle of…

| UK & Europe

Rachel Reeves’ first Mansion House speech suggests change in approach to regulation

During her first Mansion House speech as chancellor, Rachel Reeves said that the government’s approach to regulation would be a critical part of its aim to grow the UK’s economy.…

| Asia

MAS getting serious with AML/CFT compliance

The MAS released a guidance paper on 30 October 2024 setting out its supervisory expectations and good practices for effective anti-money laundering and countering the financing of terrorism. The inspections…

| Asia

Asia Newsletter | October 2024

NEWSLETTER: Market integrity seems to be a recurring theme from the regulators lately, featuring across multiple fronts. The recent SFC circular shares a laundry list of shortcomings including conflicts of interest, risk…

| UK & Europe

UK Newsletter | October 2024

NEWSLETTER: Hot on the heels of the UK budget, our Ocorian colleagues have been sharing some of their initial reactions, including implications for those with res non-dom status. As we continue…

| Americas

US Newsletter | October 2024

NEWSLETTER: We’re tantalisingly close to the election. Whatever the outcome, there’s plenty for firms to be grappling with to develop strong, robust compliance functions and cultures. Whistleblowing continues to be…

| UK & Europe

FOS H1 2024 data highlights 40% increase in complaints

The Financial Ombudsman Service has published it’s most recent bi-annual complaints data (January 2024 to June 2024), showing the volume of complaints received from various sectors and the outcome following…