OCC meaning

In this issue: UK, EU and international regulators and bodies Authorisation, approval and supervision Prudential requirements Risk management and controls Financial crime and sanctions Conduct requirements Complaints, compensation and claims management Investigations, enforcement and discipline Regulation of benchmarks and IBOR reform Regulation of capital markets Regulation of derivatives Sustainable finance and ESG Banks and mutuals Regulation of insurance Payment services and systems Fintech and cryptoassets Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary UK, EU and international regulators and bodies FCA publishes CP24/18: Quarterly Consultation Paper No. 45 The Financial Conduct Authority has released CP24/18, proposing to amend the definition of ‘firm’ so that designated co‑ordination bodies are explicitly covered by the Enforcement Guide and the Decision Procedure and Penalties Manual; and to permit a non‑UCITS retail scheme to gain...

Securities and Exchange Commission (SEC) What is the SEC? Established by the Securities Exchange Act of 1934, the SEC came into being as that statute amended and reinforced the Securities Act of 1933, brought in after the 1929 stock market crash. Together, Acts sought to rebuild investor confidence in US capital markets by ensuring investors and the markets received more dependable information and clear, unambiguous rules for honest dealing. The SEC functions as an independent and autonomous government body responsible for supervising US securities markets, applying securities law, and overseeing exchanges that trade shares, options, and other securities...