Topics covered in this issue include:
-
SEC Issues Risk Alert Regarding Advertising Rule Compliance
Based on Recent OCIE Examinations
In a risk alert, the SEC outlined the most common "advertising rule" deficiencies uncovered by OCIE and provided guidance to registered investment advisers with respect to advertising practices it considers misleading. -
MiFID II – State of Play
The looming MiFID II regime will broaden the scope of regulatory coverage within the EU and have significant effects on a variety of counterparties. -
SEC Report Highlights Financial Firms' Cybersecurity
Improvements and Shortcomings
Despite some progress, OCIE finds the "vast majority" of firms still have room to improve their cybersecurity preparedness. -
Far-Reaching U.K. Law Creates Corporate Criminal Offense
for Failure to Prevent the Criminal Facilitation of Tax
Evasion
A new U.K. law with broad jurisdictional reach expands the U.K. government's ability to prosecute tax evasion and seeks to promote a culture of proactive prevention. -
France Reshaping Legal Framework to Increase Interest in
Its Financial Market
The French financial market is undergoing a series of changes designed to make the country more attractive to European investors.
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