CPD Weekly "10 Minute Read 'n Verify" - 28 Sept 2017

This short test enables you to verify that you have read this week's "CPD 10-minute Read 'n Verify" e-mail.

There are three multiple-choice questions. You have 15 minutes to answer and you will have the option of a second attempt to correct any wrong answers. A " 100% success" result can be used to verify your claim to 10 minutes CPD time and will be recorded automatically, but please take a "screen .print" if you need an immediate personal record.

Derivatives regulator warns over violation of trust and co-operation (copy)

Financial Times: Global fund houses hold crunch talks with FCA to clarify MiFID

  • Asset managers asked for changes to MiFID
  • They lobbied the European Commission
  • They asked the FCA to clarify the new rules

ESAs highlight main risks for the EU financial system

  • UK withdrawal from the EU poses risks
  • The ESAs report on business opportunities
  • The Report is on political risks

ESAs provide guidance to prevent terrorist financing and money laundering in electronic fund transfers

  • The ESAs want a consistent approach to AML/CFT
  • This guidance is to customers
  • It is the only ESA work on AML/CFT