Diversity consultation from FCA and PRA
Much more needs to be done to create a truly diverse and inclusive financial services sector according to the UK regulators, FCA and PRA....
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Implementation of Investment Firms Prudential Regime
Implementation of the IFPR: Policy Statement PS21/6
Host fund managers fall short of FCA expectations
The FCA has released the outcome of its review of managers of authorised funds who delegate investment management to a third party.
New treatment for venture capital investments?
Venture capital investments may also be re-classified as speculative illiquid securities which would signal an end to retail investment.
Key changes arising from IFPR | webinar
In our webinar on 27 April 2021, Adempi will be exploring the key changes form the new Investment Firm Prudential Regime (IFPR), due to
Addressing the harm from 'high risk investments'
DP21/1 sets out proposals that seek to make it harder for retail investors to invest in 'high risk investments'.
Have you submitted your Directory Persons?
The FCA has released a statement to highlight that 2,800 failed to submit Directory Persons' information by the deadline of 31 March and tha
Support for LCF bondholders to be extended beyond FSCS
The Government is setting up a support scheme that will compensate up to 80% of each LCF bondholder's investment
Could your Wind Down Plan trigger a liquidity requirement?
The FCA issued ‘Finalised Guidance 20/1 - Our framework: Assessing Adequate Financial Resources’ in June 2020 in a bid to ensure that...
Fair Treatment of Vulnerable Customers: Finalised Guidance Released
The Guidance is designed to drive change within firms and help them understand how to achieve the goal of treating vulnerable customers in t
SFDR compliance for UK managers
UK-based managers of funds and portfolio services may need to include ESG disclosures in their product literature from 10 March 2021 if...
'Use it or lose it': the permissions review
The FCA is reminding firms to review their permissions, checking that they are using them and relinquishing any they are not. This is...
Consultation Paper: New Prudential Regime for Investment Firms
The much-awaited consultation paper on the new UK Investment Firm Prudential Regime (IFPR), was released in December. Full details can be fo
Confirmation of the ban on the marketing of speculative illiquid securities
It will be no great surprise that the FCA has confirmed that the existing temporary ban on speculative illiquid securities will be made...
Prudential regime change delayed
Investment firms will be delighted to hear that the timeframe for the prudential rule change has been delayed with HM Treasury now...
Forbearance in the face of a pandemic
The FCA continues to focus on the consumer credit market in light of the ongoing pandemic and the effect it is having on retail borrowers....
Consumer Investments Market: a round table
Tuesday 9 November @ 10am Via Zoom Register here: https://us02web.zoom.us/meeting/register/tZ0oc-6urz0vEtcUb4OgFAyngItbgRQFzDFl If retail...
Covid-19 Impact Survey
In June and August 2020, the FCA surveyed 22,500 firms in the first phase of it's Covid-19 Impact Survey. Those firms have been or will...
Post-Brexit clarity is one step closer
With the transition period coming to a close and no certainty of any form of agreement, both the FCA and firms have had their work cut...
FCA launches the RegData platform
The transition of firms from Gabriel to RegData begins in October 2020. Firms will be moved in tranches to the new regulatory reporting syst