The Danish Financial Supervisory Authority (Finanstilsynet) has concluded a functional inspection of Core Property P/S, identifying significant deficiencies in the preparation and control of PRIIP KID documents. This finding highlights critical failures in fund-specific risk reporting and necessitates immediate remedial action to ensure investor protection.
The Financial Conduct Authority (FCA) has issued Policy Statement PS26/17, finalizing rules to strengthen liquidity risk management for UCITS and Non-UCITS Retail Schemes (NURS). These updates aim to improve the use of anti-dilution tools and enhance how authorized fund managers (AFMs) monitor the liquidity of held securities.
The Danish Financial Supervisory Authority (Finanstilsynet) conducted a functional inspection of Navigare Capital Partners A/S, revealing non-compliance with PRIIP regulation requirements. The findings highlight critical discrepancies in how return targets and cost influences are disclosed to investors.
The Danish Financial Supervisory Authority (Finanstilsynet) completed a functional inspection of BI Management A/S focusing on compliance with PRIIP regulation. While the inspection resulted in no supervisory reactions, it underscores the regulator's focus on investor information accuracy and standardization.
The European Central Bank (ECB) released its 2026 survey results regarding cash acceptance and usage patterns among businesses in the euro area. While cash acceptance rates have stabilized following the pandemic, there is a significant surge in mobile payment adoption and a notable increase in companies implementing digital-only payment measures.
The Netherlands Authority for Consumers and Markets (ACM) has forced the cruise agency Captain Cruise to remove misleading sustainability claims from its website. This action highlights increasing regulatory scrutiny regarding "greenwashing" and signals a shift toward stricter enforcement of environmental marketing standards.
The New York Department of Financial Services and several other state regulators have entered into a settlement agreement with NewRez LLC following a multi-state examination. This enforcement action addresses noncompliance with the Real Estate Settlement Procedures Act (RESPA) regarding lender-placed insurance procedures.
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