Dec 16, 20202 min readConfirmation of the ban on the marketing of speculative illiquid securitiesIt will be no great surprise that the FCA has confirmed that the existing temporary ban on speculative illiquid securities will be made...
Nov 23, 20201 min readPrudential regime change delayedInvestment firms will be delighted to hear that the timeframe for the prudential rule change has been delayed with HM Treasury now...
Nov 5, 20201 min readForbearance in the face of a pandemicThe FCA continues to focus on the consumer credit market in light of the ongoing pandemic and the effect it is having on retail borrowers....
Nov 2, 20201 min readConsumer Investments Market: a round tableTuesday 9 November @ 10am Via Zoom Register here: https://us02web.zoom.us/meeting/register/tZ0oc-6urz0vEtcUb4OgFAyngItbgRQFzDFl If retail...
Oct 29, 20201 min readCovid-19 Impact SurveyIn June and August 2020, the FCA surveyed 22,500 firms in the first phase of it's Covid-19 Impact Survey. Those firms have been or will...
Oct 1, 20202 min readPost-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...
Sep 22, 20201 min readFCA 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
Sep 18, 20201 min readThe 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
Sep 10, 20202 min readIdentifying 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
Aug 4, 20202 min readThe 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.
Aug 3, 20201 min readGrace period for complaints handling endsThe FCA considers firms have had sufficient time to overcome the practical challenges to responding to consumer complaints.
Jul 23, 20201 min read6 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
Jul 22, 20202 min readWill 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.
Jul 15, 20201 min readSustainability-related disclosures in financial services Environmental, social and governance (ESG) matters will become ever more important in the financial sector once the Disclosure Regulation
Jul 1, 20202 min readExtended 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.
Jun 29, 20201 min readClimate disclosures for listed companiesThe FCA has proposed new rules for listed companies that require climate related disclosures to be made.
Jun 18, 20203 min readHere 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
Jun 2, 20202 min readFirm survey on Financial ResilienceThe FCA is to survey 13,000 firms on the financial impact of Covid-19 including payment services, e-money, consumer credit, custodians, p2P platforms, advisers and wealth managers.
May 29, 20201 min readWill 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
May 27, 20202 min readWind 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
