According to the Financial Conduct Authority (“FCA”), complying with the Market Abuse Regulation (“MAR”) is more than adhering to a set of prescriptive requirements. Julia Hoggett, Director of Market Oversight at the FCA has described it as a “state of mind”. This may be true but there are also rules which must be obeyed. The FCA is clearly increasingly focusing on market abuse controls and firms who fall foul of them face severe penalties.
At EU level, the European Securities and Markets Authority (ESMA) has issued a Consultation Paper on a number of key areas including extending the scope of MAR to spot FX contracts, as well as examining the current definition of “inside information” and the relationship between MAR and market soundings. Their Report is expected in Spring 2020.
Whatever the outcome at an EU level, and whatever the UK’s future relationship with the EU may be, one thing is clear: the FCA will leave no stone unturned in investigating any potential market misconduct or manipulation.
At this important Summit, Julia Hoggett, Director of Market Oversight at the FCA will deliver the keynote address, highlighting their current and future priorities including the control of inside information following the Abdel-Malek case. Other key issues to be addressed include:
- Differences in approach across European regulators and cross-border regulatory co-operation
- Should the perimeter of MAR be extended to the foreign exchange and commodities markets?
- Aligning market abuse surveillance and controls with AML/financial crime surveillance and controls
- The relationship between MAR and legitimate market sounding
- Suspicious activity and transaction reporting from the buy-side and sell-side
- Issuers’ obligations on inside information controls
- Market conduct risk of cryptoassets
Delegate: GBP£550+ VAT
Vendor: GBP£1500+ VAT
*Free to attend for the buy-side
To register, please email email@example.com
Profit & Loss London takes place on Wednesday, April 29th. Join us for a day of discussions covering industry trends and the latest in technological developments in the FX industry. This event is free to attend for buy side investors, asset managers, hedge funds and corporate treasurers.
UK-based Delegate (Both Days) £995.00
UK-based Delegate (Day One only) £595.00
UK-based Delegate (Day Two only)£595.00
nternationally-based Delegate (Both Days) £495.00
Celebrating its 10th year, City Week is the premier gathering of the international financial services community. It brings together industry leaders and policy makers from around the globe to consider together the future of global financial markets and London, in particular. It consists of two days of cutting-edge conferences, workshops, social events and networking opportunities, with other satellite events being held later during the week.
A dynamic and comprehensive ACI UK Workshop for FX and Money Markets participants seeking to attain ACI Dealing Certificate qualification.
Considered a ‘licence to deal’ in many FX & MM jurisdictions, the ACI Dealing Certificate offers formal qualification of an individual’s knowledge of the structure and operation of major foreign exchange and money markets,
Workshop covers core products (cash, forwards and derivatives), applicable regulation and compliance obligations, the fundamental mathematics of trading,and other core skills required to demonstrate competent participation in FX & MM markets. (The ACI Dealing Certificate is a foundation programme for the higher level ACI Diploma qualification).
Relevant to new entrants to trading (e.g. junior dealer/sales) and treasury roles and also operations, compliance, legal and regulatory personnel requiring a comprehensive working knowledge of the FX and MM trading environment and associated transaction lifecycle.
Run in association with Mike Sandler, of Full Value Financial Services, an industry-accredited educator delivering first class training on the ACI FMA suite of qualifications to audiences across the globe. Mike brings extensive experience of FX and MM markets gained in senior dealer, treasurer and portfolio manager roles at a number of banks and institutions. Full Value has been delivering financial training and consultancy to financial markets practitioners since 1995.
ACI UK Members £2,215.00
Non-ACI UK Members £2,599.00*
(Early Bird Discount to 30 April 2020 – £2,339.00)
Fee includes pre-course reading, learning materials, 4 days’ training in a dedicated venue (City of London) and refreshments.
*Includes membership subscription to ACI UK, commencing 1 July 2020 (one year)
Download registration form here
For multiple/group bookings options please email firstname.lastname@example.org.
The 2020 ACI UK Annual Charity Golf Day will take place on 10 July 2020 at the prestigious Abridge Golf and Country Club. This annual event will once again be supporting Variety – the Children’s Charity and funds raised from teams, sponsors and supporters will go towards funding much-needed transport and/or other equipment for disabled or disadvantaged children. In 2019, our Golf Day – along with other fundraising events including a fantastic Quiz Night – funded the purchase of our 57th Sunshine Coach. With your generous support we hope to match (if not exceed) this target in 2020.
Full details will follow for teams, sponsors and supporters, but make sure you’ve got this date in your diaries.
Build A World Class FX Division
Want to learn from the greatest minds in FX and rise above the current market order? Now you can by joining the leading buy side driven FX conference, attracting over 600 leaders representing the ‘who is who’ from the full value chain; key regulators, buy side, sell side, trading platforms and technology partners. With half of the attendees representing the biggest names on the buy side, this is quite simply THE meeting place to benchmark with the best and shape the future of your industry.