Feb 3, 20222 min readGuidance provided by FCA appointing heads of compliance and MLROsThe FCA has recently issued guidance for authorised and registered firms regarding the roles of heads of compliance and money laundering...
Jan 13, 20221 min readFCA plans for a new Consumer Duty On 7 December 2021, the FCA published its second Consultation Paper (CP21/36) on introducing a new Consumer Duty. This follows its...
Jan 12, 20221 min readFCA introduces new authorisation application fees structureA simpler structure for authorisation applications has been announced, along with an overall increase in the cost of submitting.
Dec 23, 20211 min readInvestment firm fined by the FCA for conflicts of interest failingsOn 22nd December 2021 the FCA announced it will fine hedge fund BlueCrest Capital Management (UK) LLP for conflict of interest failings....
Dec 10, 20212 min readIs a tougher Appointed Representative Regime on its way?Earlier this month the FCA published its Consultation Paper (CP21/34) on improving the Appointed Representative (AR) regime....
Nov 16, 20212 min readScrutiny of the Appointed Representative Regime increasesThis month the Appointed Representative regime is under scrutiny with both the FCA and HMT exploring what changes might be needed. The...
Nov 7, 20212 min readFCA publishes an ESG discussion paper to help investors with their decision makingTo coincide with COP26 Finance Day the FCA recently published a Discussion Paper on Sustainability Disclosure Requirements and Investment...
Sep 23, 20211 min readJoint Discussion Paper on diversity and inclusion publishedIn July the FCA and PRA (Prudential Regulation Authority) published a joint Discussion Paper (DP) aimed at further increasing rapid and...
Sep 16, 20211 min readFCA sets out plan to tackle consumer investment harmThe FCA has recently published a new consumer investment strategy aimed at giving consumers more confidence to invest, whilst supported...
Sep 14, 20211 min readFCA to move faster to remove unused financial services firm permissionsThis January the FCA reminded financial services firms of their obligation to review regulatory permissions and ensure they are up to...
Sep 5, 20211 min readFCA reminds firms of potential financial crime risks linked to Afghanistan With increasing volatility in Afghanistan as UK and US troops withdraw, the FCA have issued a statement reminding firms that they should...
Sep 2, 20211 min readGoogle makes verification changes to tackle online financial scamsFinancial services marketers and advertisers in the UK now need to be verified by Google in order to advertise online. The Google Ads...
Aug 9, 20211 min readIFPR: The Final Consultation Paper CP21/26The FCA released the 3rd and final IFPR Consultation Paper CP21/26 on Friday.
Aug 8, 20211 min readFCA publish Decision Notice against Markou for lack of oversight On 28 July 2021, the FCA published their Decision Notice against Markos Markou, the director and Chief Executive of morgage broker firm...
Jul 29, 20211 min readUnauthorised financial adviser sentenced to 4 years in prison for fraudulent tradingIan James Hudson, an unauthorised financial adviser, was this week found guilty of fraudulent trading by Judge Tomlinson at Southwark...
Jul 27, 20211 min readPS21/9: Key feedback for implementation of the IFPRThe FCA has released the second Policy Statement PS21/9 on the implementation of the new IFPR regime.
Jul 26, 20211 min readFCA proposes changes to the PRIIPs regulations post BrexitThe FCA has recently published proposals to change Packaged Retail and Insurance-based Investment Products (PRIIPs) regulations. These...
Jul 21, 20211 min readFCA publishes 2021/2022 Business PlanThe FCA has now published its latest Business Plan for 2021/2022, setting out the main objectives and priorities for the year ahead....
Jul 7, 20211 min readDiversity consultation from FCA and PRAMuch more needs to be done to create a truly diverse and inclusive financial services sector according to the UK regulators, FCA and PRA....
Jun 30, 20211 min readImplementation of Investment Firms Prudential Regime Implementation of the IFPR: Policy Statement PS21/6
