9 April 2025 | Americas

US Newsletter | March 2025

NEWSLETTER: Crypto and digital assets are still high on the regulator’s agenda, with the landscape continuing to evolve rapidly under the new administration. The recent $1.5 billion theft from Bybit’s cold…

9 April 2025 | UK & Europe

UK Newsletter | March 2025

NEWSLETTER: Whether it’s prudent segregation, CASS 15, or changes being announced by global regulators such as the DFSA, there has been plenty of activity in the client assets and safeguarding space recently. We…

1 April 2025 | UK & Europe

Time to review your approach as GFSC kicks off conflicts thematic review

The Guernsey Financial Services Commission (GFSC) has kick-started their conflict of interest thematic review to a selection of fiduciary and investment licensees. Focusing on a variety of areas – firms…

27 March 2025 | Americas

SEC eases path for performance marketing with FAQ guidance update

For the past few years, fund managers and compliance officers have wrestled with strict SEC requirements when advertising investment performance. Now, the SEC has eased those burdens with its update…

26 March 2025 | Americas

How can RIAs build a sturdy compliance program?

Small to mid-size registered investment advisers, or RIA’s, have unique challenges in establishing and maintaining a strong compliance program. To meet the regulator’s requirements under the Advisers Act and keep…

26 March 2025 | UK & Europe

CASS 15: What can firms do to prepare?

Everyone is waiting with bated breath for chapter 15 of the FCA’s safeguarding rules, due to be published in the first half of 2025. With firms being given a short…

24 March 2025 | Dubai

DFSA announces proposed changes to client asset regime

The DFSA’s consultation paper on the client asset regime, first issued last August, has received further amendments last week. Prompted by the regulator’s focus to protect users of the financial…

24 March 2025 | Americas

Unlocking Rule 506(c): SEC eases path for fund marketing

For years, private fund managers had to tiptoe around the SEC’s ban on general solicitation. Under the traditional Rule 506(b) safe harbor, you couldn’t publicly advertise an offering at all.…

17 March 2025 | UK & Europe

CASS: New considerations on prudent segregation

It’s been quiet on the prudent segregation front over the last couple of years, but recently discussions have flared up in the CASS world with the topic being discussed in…

13 March 2025 | Asia

Generative AI: Implications for governance in Hong Kong

The SFC has issued a circular addressing the implications of generative AI in the financial services sector, emphasising the need for firms to adopt robust governance frameworks when using AI…

12 March 2025 | UK & Europe

FCA’s ongoing service review leaves firms with further work to do

The FCA has published the long-awaited findings from its review of financial advisers’ ongoing services. While most ongoing suitability reviews were delivered as promised, the regulator signalled concerns with reviews…

7 March 2025 | Americas

Breaking the vault: Lessons in custody security from the Bybit hack

In February, the crypto world witnessed one of its largest ever breaches, a staggering $1.5 billion theft from Bybit’s cold wallet infrastructure. In an industry that prides itself on innovation…

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