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...
Mar 12, 20232 min readFast-growing firms review published by FCA Earlier this month the FCA published a review of its findings and expectations of FCA solo-regulated fast-growing firms. The review was...
Feb 1, 20232 min readFCA highlights areas of focus for firms implementing the Consumer DutyFollowing on from the new Consumer Duty rules and guidance published by the FCA in July 2022 there is now less than six months to go...
Jan 31, 20231 min readFCA consultation on Section 21 Gateway ends 7th February 2023.On 6th December 2022 the FCA published consultation (CP22/27) in which it set out its proposal to operate a new gateway for firms who...
Jan 27, 20231 min readNew Financial Resilience Survey for FCA solo-regulated firms.In October 2022 the FCA published a consultation paper (CP22/19) with proposals to replace the FCA Financial Resilience Survey with a new...
Jan 13, 20231 min readFCA publishes further discussion paper for the UK PRIIP regimeIn response to the growing trend towards online investments and the digital distribution of disclosure the FCA recently published a...
Dec 16, 20221 min readChanges to FCA Appointed Representative Regime take effectThe FCA recently consulted on changes to protect consumers and address harms across all the sectors where principals and ARs operate....
