Regulation Tomorrow Podcast

In this month's podcast we speak to Celia Cohen in New York about recent enforcement trends in the US, with a focus on whistle-blowing; we hear from Anna Carrier in Brussels who discusses the new European commodities regime and we are delighted to welcome Jeffrey Mushens from the trade body, TISA, who will be discussing MiFID costs and charges with Matthew Gregory and Joe Bamford from our London office.

Hosts discuss the FCA's consultation paper proposing changes to UK MIFID's conduct and organisational requirements. Topics include research in post-Brexit UK, exemptions for certain types of research, fixed income research, independent research providers, openly available material, exemption for SME research, and proposal to remove obligations on best execution reporting.

In this episode of RT Plus, we shine a spotlight on product governance. The FCA recently published a review into product governance under MiFiD 2, giving some wide ranging recommendations to authorised fund managers that will also be of relevance to MiFID investment firms more broadly; while at European level, we have seen firms transitioning to interim version 3.1 of the European MiFID template (or EMT), published on 12 February, with an aim to assist compliance with level 1 of the EU Sustainable Finance Disclosure Regulation (known as the SFDR). With all of this taking place, we thought it would be a good opportunity to shine a spotlight on this regulatory hot topic, as we host a chat with Katie Stephen, John Coley, Iona Wright and Iain Hawthorn.

This month we begin with a look at the Woolard Review in the UK with Matthew Gregory, who focusses on the implications for the buy-now-pay-later sector. Kevin Harnisch, a partner in our Washington DC office, gives an update on SEC actions relating to environmental social governance, and we close with a chat with Claudine Salameh from Sydney, who discusses the upcoming regulatory reform storm set to hit Australia’s shores later this year.

Discussion on FCA's whistleblowing campaign and firm culture. Importance of effective procedures and consequences of failure. Tips for dealing with disclosures: take them seriously, follow internal processes, provide support, engage senior management, conduct independent reviews.

In this month's show we will be looking at ESG initiatives in Hong Kong with Etelka Bogardi, Albert Weatherill is joined by Hannah Meakin to provide an extended fintech update, including a look at the Khalifa Review; and Mayling Blanco from our New York office gives an update on enforcement actions brought by the Department of Justice in the US.

Welcome to our first episode of Regulation Tomorrow Plus - the spin off podcast from the Regulation Tomorrow Podcast. Regulation Tomorrow Plus is shorter, sharper and more reactive - released as and when news or publications are issued. In this opening episode, John Coley and Iain Hawthorn take us through the NRF Conduct Healthcheck and the related summary report, which is published later this week.

After a Christmas hiatus, the Regulation Tomorrow Podcast is back with a bumper-sized episode to kick 2021 off with a bang. In episode 4, Jonathan Herbst gives a quick update on Brexit before examining the short selling restrictions on GameStop in the US from a UK market abuse perspective (this begins at 06:38). We’re delighted to be joined by our first special guest, the Payment Systems Regulator’s General Counsel and Head of Enforcement and Competition, Carole Begent, who will be taking a look at the year ahead with Norton Rose Fulbright’s own payments expert Albert Weatherill. We also hear from Joseph Williams from Washington DC, who takes a look at insider trading cases brought by the CTFC, and we are joined by tax specialist, Michael Alliston, who flags a tax regulation that may have gone under the radar of many a financial services business.

In this month's episode we kick off with our usual Brexit update with Jonathan Herbst. We then take a global look at vulnerable customer initiatives with John Coley, who is a senior member of our Risk Consultancy practice in London, and with Helen Taylor, who is a partner in our Sydney office. We close this month's show with a discussion of the latest enforcement hot topics, with Katie Stephen and Sonya Zywko from the disputes team in London.

The Regulation Tomorrow Podcast is back with the latest updates on financial services risk and regulatory issues. In this episode, we run through the top news stories of the last month, before catching up with Global Head of Financial Services, Jonathan Herbst, for another update on Brexit. We also hear from Caroline Herkströter, partner in our Frankfurt office, who will be discussing the German position on reverse solicitation. Finally, we chat to Lisa Lee Lewis, Head of Advisory in our Risk Consulting practice, who provides an insight into the findings of our recent global operational resilience survey. Stay tuned to the end of that section for details on how to obtain a copy of the report.