Category Archives: Banking and Finance law

Banking and Finance Law news articles, reiews, notes and blog examples.

FCA Handbook instrument introducing revised FCA supervisory principles

On 25 April 2019, the FCA published the Supervision Manual (Supervisory Principles Amendment) Instrument 2019. The Instrument amends the FCA’s Supervision Manual (SUP) by inserting at part 1A.3.2A G the FCA’s supervisory principles: as set out in their  Approach to … Continue reading

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EBA adds MCD to single rulebook Q&A tool

On 25 April 2019, the European Banking Authority (EBA) published a press release announcing that it had updated its Interactive Single Rulebook and Q&A tool with the Mortgage Credit Directive (MCD). The update allows users to review all the EBA’s … Continue reading

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How Big are Buybacks? Scary Big!

Broc recently blogged about SEC Commissioner Robert Jackson’s concerns that insiders were using buybacks as an opportunity to cash out. Well, it turns out that they aren’t alone – buybacks are providing a frightening amount of the overall demand for … Continue reading

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FINRA details use of fines collected in 2018

By Mark S. Nelson, J.D. According to a report issued by the Financial Industry Regulatory Authority, Inc., the U.S.’s self-regulatory organization responsible for broker-dealer oversight spent $81.1 million on a variety of capital and strategic initiatives and on investor education … Continue reading

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Rhode Island Foreclosed Property Preservationist Charged in Fraud Scheme

Mortgage Fraud Blog. Monique N. Brady, 44, East Greenwich, Rhode Island, whose business specialized in preserving the current condition of foreclosed homes for resale has been charged for allegedly operated a scheme whereby she raised and pocketed millions of dollars … Continue reading

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