News
Below you will find a range of published articles which I hope you find of interest. You may also be interested in obtaining a copy of a book of which Anthony Smith is one of the co-authors through the link below. A topical news item will be added on a regular basis and I am more than happy to receive contributions via our Contact Page.
Order your copy of the Frontiers of Risk Management from EuroMoney Books.
News articles for September 2011
3 items found
CMAR Training
Published: September 2011
By: Anthony Smith
If you are looking for CMAR training as a MiFID firm (CASS 6 and 7) you may find an out of date course on the FSA website for the princely sum of £10. It includes chapters of CASS that no longer exist and does not cover the change in approach since Lehmans including the new rules on binding authorities, CMAR, CF10a and the proposal for recovery plans for CASS firms.
Don't be caught out but talk to an expert.
....Read More...UCIS
Published: September 2011
By: Anthony Smith
The FSA have issued yet another fine for missale of unregulated collective investment schemes (UCIS). This time they have also issued prohibition orders against directors including the Compliance Officer.
When will firms learn the simple requirements for promoting these products? Basically you cannot generally promote them and only consider certain select clients for whom they may be suitable.
It is also worrying some of these investments appear on platforms and without proper protections could be selected unawares.....
Read More...CMAR
Published: September 2011
By: Anthony Smith
The time for producing the Client Money and Assets Return (CMAR) is fast approaching and firms are pulling together their data ready to go to the FSA. Data is required from 1 October and must be submitted within 15 business days of the month end i.e. 19th November 2011.
Our Cloud technology powered by Mettis provides the right tool to complete the return in a fully automated format so the figures can be ready to be submitted in moments.....
Read More...