New financial resilience return on the horizon
In early October the FCA announced a consultation paper (CP22/19) to replace the current Financial Resilience Survey (formerly “Covid-19...
top of page
RESOURCES
Events, opinions and information
Search
Early insight into FCA's approach to Sustainable Finance
It’s Good Money Week 2022 and he FCA has shared some insights into the disclosure and labelling regimes for sustainable investments
Broadening access to the Long Term Asset Fund (LTAF),
Last month the Financial Conduct Authority (FCA) launched a consultation paper (CP22/14) on broadening access to the Long Term Asset Fund...
Consumer Duty: what are the deadlines?
The 4 key Consumer Duty dates and key steps your firm can be taking at each point.
Dear CEO Letter: Alternatives Supervision Strategy
Earlier this month the FCA updated its supervisory strategy and priorities for firms within its "Alternatives" portfolio in a Dear CEO...
Strengthening the oversight of critical third parties
On 21 July 2022 the Bank of England (BOE), Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) published a...
Financial Services and Markets Bill is set to change the financial sector
On July 20th the UK Government published the Financial Services and Markets Bill (FSMB). The Bill is a major piece of legislation, and...
FCA welcomes Secondary Capital Raising Review
On 19 July 2022 the Secondary Capital Raising Review (Review) was published, setting out a series of recommendations to the Government,...
New FCA rules to improve the Appointed Representatives regime
Earlier this month the FCA published Policy Statement PS22/11 setting out new rules aimed at improving the Appointed Representatives (AR)...
Dear CEO Letter: Alternatives Supervision Strategy
The FCA have issued a Dear CEO letter to firms in the alternative investment sector outlining their view of the main risks of harm that...
Consumer Duty: broadening the scope of care for retail customers
The FCA issued the final rules on the new Consumer Duty on 27 July 2022 in PS22/9: A New Consumer Duty. In a press release issued by the...
Final position on High Risk Investments from FCA
The FCA has released its policy statement on High-Risk Investments (PS22/10) which the FCA has framed in its press release as a 'clamp down
Lenders asked to support consumers during cost of living crisis
Earlier this month the Financial Conduct Authority (FCA) recently published a Dear CEO letter encouraging lenders to support their...
FCA six-digit reference numbers to change
The FCA has recently announced that the unique six-digit Firm Reference Numbers (FRNs) to identify firms and Product Reference Numbers...
Critical issues in financial services
On 26th April the FCA published a wide-ranging speech given by its CEO Nikhil Rathi during City Week 2022, in which he highlighted the...
KIDs are finally changing
The long-awaited update to the Packaged Retail and Insurance-based Investment Product (“PRIIPs) rules has arrived. Earlier this month the...
Tackling harm in the consumer investment market
The FCA has taken decisive action to prevent harm in the consumer investment market and earlier this month revealed in its Consumer...
FCA publishes guidance to firms seeking to limit their liabilities
The FCA has warned firms using company or insolvency law to manage their liabilities that they could face regulatory action if their...
Four "Buy-Now-Pay-Later" firms agree to change ‘potentially unfair terms’ for customers
Four major "Buy-Now-Pay-Later" firms have agreed change ‘potentially unfair and unclear terms and conditions’ after an intervention from...
Guidance provided by FCA appointing heads of compliance and MLROs
The FCA has recently issued guidance for authorised and registered firms regarding the roles of heads of compliance and money laundering...
bottom of page