Oct 5, 20231 min readNew and improved Form A is launchedLast week the FCA launched a new version of Form A, one of the most common forms used for Senior Management Function and Controlled...
Oct 3, 20232 min readImproving the Appointed Representative (AR) Regime with dataAdditional data collection by FCA strengthens its approach to the AR Regime
Sep 27, 20231 min readFirms set to receive further FCA Financial Resilience SurveyIn order to understand the affect the current financial climate is having on FCA solo-regulated firms the regulator is planning to send...
Sep 24, 20232 min readFCA launches consultation to boost diversity and inclusion in the financial sectorThe FCA and Prudential Regulation Authority (PRA) have today jointly published proposals to introduce a new regulatory framework to...
Sep 14, 20232 min readFCA publishes Policy Statement on Financial Promotions Approval GatewayGateway for firms who approve financial promotions for unauthorised persons will soon come in to force
Jul 20, 20231 min readConsultation published regarding social media financial promotions The FCA recently published a consultation on how its financial promotion requirements apply on social media. The purpose of this...
Jul 18, 20231 min readAnti-greenwashing rules delayed to Q4 2023The FCA has delayed the SDR Policy Statement, buying firms another valuable few months until the anti-greenwashing rule goes live.
Jul 6, 20232 min readAsset managers criticised over liquidity managementFollowing its Liquidity Management multi-firm review the FCA has found that firms need to increase their focus on liquidity risk, as...
Jul 2, 20232 min readRetail and pensions access to Long Term Asset Funds is widenedNew rules are announced by the FCA to allow retail and pensions access to Long Term Asset Funds
Jun 30, 20231 min readCrypto assets marketing regime is confirmedThe FCA has recently announced the rules for making financial promotions of crypto assets to consumers in Policy Statement 23/6 Crypto...
Jun 29, 20231 min readOne month to go until Consumer DutyThere's just one month to go until the implementation of the Consumer Duty on 31st July 2023. Firms are reminded to be ready.
Jun 11, 20231 min readAmending the ban on incentives for high risk investmentsThe FCA have recently announced that they are consulting on minor amendments to the ban on offering retail clients incentives to invest...
Jun 8, 20231 min readFCA policy statement on financial promotion rules for cryptoassetsOn 8th June the FCA announced that the financial promotions regime will apply to crypto assets from 8th October 2023. Rules were also...
May 31, 20231 min readConsultation Paper launched to improve protection for borrowers in financial difficultyOn 25th May 2023 the FCA published a Consultation Paper (CP23/13) setting out its plans to remove the current Tailored Support Guidance...
May 23, 20231 min readDirectors convicted in Collateral fraud caseFollowing a 5 week trial the two founders (Peter and Andrew Currie) of Collateral UK have been convicted of both fraud and money...
May 4, 20231 min readSteps to improve whistleblower confidence announced by the FCAThis week the FCA set out the actions it will take in order to improve the confidence of whistleblowers. This follows a qualitative...
Apr 26, 20232 min readNew "failure to prevent fraud" offence announced for large UK organisationsThe UK government has recently published further details on the new ‘failure to prevent fraud’ offence in which organisations will now be...
Apr 20, 20232 min readInnovation, artificial intelligence and the future of financial regulationLast week the FCA published the speech by Jessica Rusu, their Chief Data, Information and Intelligence Officer, delivered to delegates...
Mar 24, 20231 min readFCA issues metrics update for authorisation timescalesOn 21 March 2023 the FCA published an update on its operating service metrics for dealing with various applications, including...
Mar 17, 20231 min readFCA to collect Treasury’s economic crime levy (Anti-Money Laundering) from JulyThe Government has introduced an economic crime levy (ECL) to fund its fight against the rise in economic crime and money laundering. The...
