Take 10 minutes to read all of the latest news in our industry PIMFA Weekly News Bulletin View in browser PRESS RELEASES ABOUT PIMFA D&I AWARDS WEALTHTECH PIMFA WEEKLY NEWS BULLETIN | 15 AUGUST 2022 Consumer Duty working group session on the FCA’s implementation plan
As firms have a very short time period to formalise and agree their implementation plans to meet the October deadline, PIMFA has organised a session on 24th August (2 3pm) to scope out what the implementation plan should look like, and Philip Deeks (Director, Regulatory Insight Centre, KPMG) will be sharing his thoughts on implementation planning. This is a member only event, please contact Alexandra Roberts for further information.
PIMFA Trading Group
PIMFA is planning a response to FCA's Consultation Paper 22/12: 'Improving equity secondary markets' and would value input from members. Euroclear 'Dividends in CREST' consultation response Euroclear will shortly be publishing its response to the feedback received from participants on the consultation paper 'Proposed changes to enhance the payment of
We are arranging a hybrid review meeting for Thursday 25 August 10:00 12:00, venue to be confirmed, to consider questions raised by the FCA in the Consultation Paper and gather member feedback for our response If you or your colleagues would like to attend the review meeting, either in person or via video conference, please email Heidi Bryant dividends, interest and redemptions through the CREST Assystem'.detailed in the response paper, Euroclear intends to use the next 12 months to work with the market to actively help address, and ideally resolve, any of the points raised during the consultation so that it becomes the agreed standard process that these types of payments do go through the CREST system.
The FCA is consulting on proposals to improve how UK based equity markets operate. These would change aspects of trade reporting, waivers from pre trade transparency and the tick size regime whilst aiming to maximise execution quality for investors and improve the content and efficient consolidation of post trade Theyreports.also propose to remove or amend some provisions that impose material operational and compliance costs on firms but have not delivered material benefits to end users or to market functioning.
FSSC Menopause in the Workplace Report Survey
To help with this, Euroclear has set itself a target for getting all CREST participants able to accept such payments through the CREST system by September 2023, with a view to establishing this as standard by For2024.acopy of the response, please contact your Euroclear Account Manager.
Following the successful launch of their Menopause in the Workplace report, with Standard Chartered Bank last October, the FSSC is undertaking a survey of its members and the wider industry to gauge the impact of this research and recommendations. The survey will provide further insight on how the sector is building menopause awareness across the workplace and how firms are supporting employees experiencing menopause transition. The survey has 7 questions and should take approx. 10 minutes to complete. The completion date is Friday 2 September 2022. All the data submitted is confidential and will be processed according to the FSSC data policy, which is available on request. We plan to publish the findings in the autumn. If you have any questions, please get in touch with Linsey White (Director of Communications) or our Policy & Research Manager Katharina Ehrhart Latest PIMFA Press Releases: PIMFA welcomes extension of the Consumer Duty implementation PIMFAtimelineannounces shortlist for second Diversity & Inclusion PIMFAAwardsupdates Future of Supervision paper and calls for more improvements from the Financial Conduct Authority Press Coverage Professional Pensions: Changes to unsuitable DB transfer redress CityAM:planned Consumer Duty set to deliver ‘biggest regulatory overhaul in a decade’ for financial services MoneyAge: FCA confirms final guidance on Consumer Duty rules Press Coverage Insurance Post: A ‘thorough review’ of approach towards retail customers needed as FCA unveils new Consumer Duty rules FT Adviser: Industry welcomes consumer duty extension despite 'tight TomMoneytimelines'Marketing:Selby:FCAtakes a step in the right direction with Consumer Duty now it’s time to finally address the advice gap
This PIMFA Breakfast Roundtable event in partnership with TIME Investments will be discussing five of the common misconceptions of investing in property and explains why commercial real estate investment is a valuable addition to a portfolio for today’s long term investors. more information and to register,
please click here
For
THE PIMFA ESG ACADEMY FOR WEALTH MANAGERS Get the ESG knowledge and confidence you need to take advantage of the rising demand for sustainable investment products, and keep pace with the rapidly changing ESG landscape. Click here to find out more EVENTS & LEARNING PIMFA Compliance Conference 28 September | 08:30 16:30 Hear from leading industry experts on the key issues facing compliance professionals in the investment management and financial advice Bringingworld. together a high level audience who can engage with the experts, this conference will facilitate fruitful discussions with opportunity for questions and networking. For more information and to register, please click here. Virtual Roundtable: Overcoming Misconceptions And Finding Value In Property Investing Free event for members only 21 September 2022 | 09:00 10:30
PIMFA WEEKLY NEWS BULLETIN | 15 AUGUST 2022 PRESS RELEASES ABOUT PIMFA D&I AWARDS WEALTHTECH Contact us | Visit website | Terms & Conditions Personal Investment Management & Financial Advice Association (PIMFA) 69 Carter Lane, London, EC4V 5EQ (registered in England No 2991400) Unsubscribe | View in browser
