Jun 27, 20241 min readCountdown to the Consumer Duty 2024As the 31st July deadline looms for closed products implementation and for board sign off on the annual board report, the FCA is publishing
Jun 3, 20241 min readSenior Manager presence in the UKThe FCA has highlighted how important that senior managers have sufficient UK presence to deliver on their reponsibilities.
May 5, 20241 min readChanges to firm notification form (SUP 15)Changes to the FCA firm notification form will improve the process and enable the regulator to act sooner
Mar 28, 20242 min readFCA publishes final guidance on social media financial promotionsOn March 26th 2024 the FCA published its finalised guidance (FG24/1) regarding financial promotions on social media. This new guidance...
Feb 22, 20242 min readConsumer Duty implementation findingsThe Consumer Duty update provides details where the FCA found both good and poor practices implementing the Consumer Duty.
Nov 17, 20231 min readQ2 Authorisations operating service metrics are publishedFCA publishes authorisation operating service metrics for Q2 2023
Oct 26, 20232 min readReview of rules extending SME access to the Financial Ombudsman ServiceReview of Rules allowing SME access to the FOS published by the FCA
Oct 24, 20232 min readFCA makes significant form-filling changes for authorisationsChanges to the design of the FCA Form A
Oct 6, 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 4, 20232 min readImproving the Appointed Representative (AR) Regime with dataAdditional data collection by FCA strengthens its approach to the AR Regime
Sep 28, 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 25, 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 15, 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 21, 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 7, 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...
Jun 30, 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 12, 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 9, 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...
Jun 1, 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 26, 20232 min readThe rise of the fin-fluencer – financial educators or risk promotersIt’s hardly surprising in the current digital age of social media apps such as Tik-Tok, YouTube Instagram and Twitter that the rise of...
