The FSA has published amended guidance for the completion of certain FSA data forms. It is all of a fairly minor nature e.g. the guidance to the completion of FSA002 […] [...]

As you will be aware from Regulatory Roundup 21 the FSA has had concerns about the quality of some auditors’ client assets reports-see FSA Consultation Paper CP10/20 “Improving the auditor’s […] [...]

A fairly short edition of Market Watch concentrates on transaction reporting issues. MiFID investment firms are reminded that they need to have a BIC-see Regulatory Roundups 17 & 11 for […] [...]

Some BIPRU firms have been experiencing problems in the completion of their FSA003 data return (capital adequacy). The FSA003 now contains lines 142 and 143 in relation to capital planning […] [...]

Regulatory Roundup 23 contained an article on changes to CASS and the need for affected firms to complete a Client Money and Asset Return (CMAR). The FSA has released CP11/4 […] [...]

A firm is required, on an annual basis, to check the accuracy of its standing data (defined in the attached link) on the FSA website within 30 business days of […] [...]

The FSA has released guidance consultation following the launch of a new type of instrument – centrally cleared contracts for difference. The guidance reminds us that these new instruments fall […] [...]

Although still a good two months or so away, an early reminder that a new data item (FSA055) will become due for completion on 31 December for non-ILAS BIPRU firms […] [...]

Following queries from firms, some clarification to reporting requirements has been made by the FSA. For FSA001 Balance sheet, changes relating to elements 7, 10 and 30A have been made. […] [...]

As was mentioned in Regulatory Roundup 16, the FSA was proposing to consult on enhancements to auditor’s reporting on client assets. As you will know, even where a firm does […] [...]

Following a series of FSA actions relating to transaction reporting failures, many firms will have revisited their own transaction reporting procedures to ensure that they satisfy regulatory requirements. Portfolio managers […] [...]

The FSA have proposed four small changes to data item FSA003, improving the data reported by firms to the FSA. The amendments are relevant to all firms subject to the […] [...]

The FSA has published Quarterly Consultation Paper CP10/15 (‘QCP’) which contains proposed changes to various parts of the Handbook. It is not the best composed paper as not only does […] [...]