Compliance & Ethics

De Nederlandsche Bank (DNB) will hold a physical, Dutch-language information session on 5 November 2026 to explain its fit and proper assessment process for board members and key function holders. Compliance teams at supervised institutions should encourage affected candidates and HR/legal staff to register by 2 November to gain direct insight into assessment expectations and recent regulatory developments.

The AMF's 2025 annual data collection from 6,713 Financial Investment Advisors (CIFs) reveals growing market polarization, with the top 50 firms now capturing 52% of sector revenue, up from 49% in 2024. Compliance teams at affected firms and their professional associations should note the shifting revenue concentration, persistent fee-based compensation structures, and the continued marginal role of crypto-assets in CIF advisory activity.

The FCA has added "Hope Fund Bank" (hopefundbank.com) to its Warning List for providing or promoting financial services in the UK without authorization. Compliance teams should note this entity for screening purposes, as consumers dealing with it have no access to the Financial Ombudsman Service or FSCS protection.

De Nederlandsche Bank has released the AnaCredit reporting submission calendar for 2026, setting out monthly reporting periods and corresponding delivery deadlines for credit institutions. Compliance and regulatory reporting teams must align internal data production cycles with these fixed dates to avoid late or non-submission breaches.

ASIC is consulting on a 10-year extension (to 2037) of its CFD product intervention order, with amendments to modernize the definition of CFDs to capture digital asset-settled products and clarify margin requirements. CFD issuers and industry stakeholders have a short four-week window to respond, making prompt internal review essential for affected firms.

DNB is hosting an in-person information session on November 5, 2026, to explain its personal background assessment process for individuals subject to fit-and-proper reviews at financial institutions. Compliance and HR teams involved in candidate nominations or assessments should register by November 2 to secure attendance and submit questions in advance.

Following around sixty joint audits conducted between 2020 and 2024, the AMF and ACPR have published a report identifying recurring weaknesses in product governance and client advisory practices among financial and life insurance distributors in France. While the findings are not a comprehensive market assessment, they highlight significant compliance gaps—particularly around target market definition, client information collection, and advice documentation—that firms should address ahead of the EU Retail Investment Strategy directive expected by end-2026.