It has been one year and a half since Iran, The United States and five other world powers reached a deal designed to limit Tehran’s nuclear programme. As a result, the United Nations lifted all nuclear-related sanctions and the EU lifted many bilateral sanctions on Iran’s banking and energy sectors. Slowly but surely, progress is being made towards establishing normal trade relations between the UK and Iran.
The Market Abuse Regulation only came into effect in the United Kingdom on 3rd July 2016, but, already, its far reaching nature has disturbed the financial community.
It has been widely acknowledged that blockchain offers an opportunity to reduce costs, to improve efficiency, to reduce risks and, overall, to provide a better customer service, which ultimately is what financial services need to be all about.
The recent Review of data-security, consent and opt-outs by Dame Fiona Caldicott, National Data Guardian of Health & Care has reaffirmed the challenge of information security across an evolving health and care system. The solution lies in successfully integrating people, processes and technology, which NHS Digital is supporting through an expanded offer for its many valued partners.
Insurance Linked Securities, closely related to risk linked securities and catastrophe bonds, are one of the fastest growing parts of the insurance market. But London has missed out on much of the business to date because the UK does not have rules which allow ILS to be issued, so it has lost out to other jurisdictions.
The government is proposing to extend the Senior Managers and Certification (SM&CR) regime to all sectors of the financial services industry, replacing the discredited Approved Persons Regime. The FCA has announced that the extension will take place in 2018.
This highly topical summit explores how best councils and the private sector can work together to meet the Government’s ambitious targets.