MiFID II has brought about a proliferation of trading venues in the EU, covering a wide range of asset classes.
Duff & Phelps’ experts have assisted Regulated Markets (RIEs), MTFs and OTFs in meeting their regulatory obligations and in remediating issues. This work has covered a wide variety of areas such as market abuse detection and surveillance, transparency waivers, algorithmic trading arrangements, conflicts of interest, incentive schemes and transaction reporting.
We have assisted firms in the process of obtaining trading venue permissions and have also undertaken s.166 reviews of trading venues on behalf of the FCA.
The "close and continuous" relationship that the FCA wants to have with UK-regulated trading venues opens the operators of those venues to much greater level of scrutiny than they will be used to.
The prevention, detection, investigation and prosecution of market abuse remains an area of significant focus for the FCA and the Senior Managers and Certification Regime (SM&CR) increases the likelihood of senior managers being held to account for shortcomings personally.
Duff & Phelps has an experienced team of former regulators, including the former Head of Regulation at the London Stock Exchange, the former Head of Market Operations at SIX Swiss Exchange and other staff who have worked at the FCA in both the market conduct area, Enforcement and in supervising trading venues.
Alternative investment valuation for private equity and hedge funds.Portfolio Valuation
Comprehensive compliance and regulatory support for FCA authorized firms.UK Regulation
FCA Authorization Application for Financial Services
Comprehensive FCA Authorization support.FCA Authorization Application for Financial Services
Broad and integrated range of regulatory financial reporting, company secretarial, and payroll services.Business Services
Regulatory Tax Advisory
Global tax services uniquely customized for asset managers.Regulatory Tax Advisory
Management Company Services
Infrastructure, staff and supervision for AIFM/UCITS ManCo duties.Management Company Services