2 minPost-Brexit clarity is one step closerWith 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 ou...
1 minFCA launches the RegData platformThe transition of firms from Gabriel to RegData begins in October 2020. Firms will be moved in tranches to the new regulatory reporting syst
1 minThe future of retail investing: views welcomed If retail investors are important to your business model you may want to answer the FCA’s Call For Input on the Consumer Investments
2 minIdentifying which customers are "vulnerable"?The FCA's view on which customers could be vulnerble may come as a surprise to firms. Here are the 4 Vulnerability Factors to consider
2 minThe KIDS (still) aren’t alrightKey Information Documents, KIDs, have been the source of much controversy. Now for the UK it seems that the tide is turning.
1 minGrace period for complaints handling endsThe FCA considers firms have had sufficient time to overcome the practical challenges that may have make responding to consumer complaint...
1 min6 targeted actions for CEOs of payments and e-money institutionsA portfolio strategy letter was sent to the CEOs of payment institutions (PIs) & e-money institutions (EMIs) highlighting 6 key action areas
2 minWill approving non-group company promotions to be a thing of the past?The Treasury will be reviewing the process by which FCA authorised firms sign off financial promotions for third parties.
1 minSustainability-related disclosures in financial services Environmental, social and governance (ESG) matters will become ever more important in the financial sector once the Disclosure Regulation
2 minExtended period to implement SM&CRIt is now expected that firms will have a deadline of 31 March 2021 by which to have undertaken all certifications for the first time.
1 minClimate disclosures for listed companiesThe FCA has proposed new rules for listed companies that require climate related disclosures to be made.
3 minHere To Stay? Speculative Illiquid Security rules to be made permanentthe FCA has published the consultation extending the ban on speculative illiquid securities. This is so that the temporary intervention whi
2 minFirm survey on Financial ResilienceThe FCA is to survey 13,000 firms on the financial impact of Covid-19
1 minWill the gap close? Safeguarding vs holding client moneymore focus is being placed on an area that has needed looking at for some time: the difference between the CASS and the safeguarding rules
2 minWind down planning is here to stayHow ready is your wind down plan? You won't be alone if the need for such a plan sounds like a new development, but all of the regulator's
1 minBolstering the Payment Services & E-money regimeThe FCA wants to bring in new rules as soon as possible to help to safeguard customers' funds that are held with payment and e-money institu
1 minRegulatory Initiatives GridThe FCA has for the first time published a Regulatory Initiatives Grid which sets out the pipeline of regulatory change. The idea is to ...
1 minRegulatory reporting during lockdownThe FCA has updated the list of regulatory reports which they are willing to delay. Usefully for many this incluses the CASS audit retur...
1 minThe scope of the client-dealing function under SM&CRthe scope of the client-dealing function goes wider than the CF30 function used to. If you looked at the initial definition, you would have
