Jun 29, 20221 min readFCA six-digit reference numbers to changeThe FCA has recently announced that the unique six-digit Firm Reference Numbers (FRNs) to identify firms and Product Reference Numbers...
May 25, 20221 min readWhat ESG information can advisers expect of EIS, VCT and BR Managers?With the increasing public awareness of environmental issues and climate change, investors now want tax-advantaged investments with an...
May 3, 20221 min readCritical issues in financial servicesOn 26th April the FCA published a wide-ranging speech given by its CEO Nikhil Rathi during City Week 2022, in which he highlighted the...
Mar 29, 20221 min readKIDs are finally changingThe long-awaited update to the Packaged Retail and Insurance-based Investment Product (“PRIIPs) rules has arrived. Earlier this month the...
Mar 15, 20221 min readTackling harm in the consumer investment marketThe FCA has taken decisive action to prevent harm in the consumer investment market and earlier this month revealed in its Consumer...
Mar 11, 20221 min readFCA publishes guidance to firms seeking to limit their liabilitiesThe FCA has warned firms using company or insolvency law to manage their liabilities that they could face regulatory action if their...
Mar 10, 20221 min readFour "Buy-Now-Pay-Later" firms agree to change ‘potentially unfair terms’ for customersThe FCA has enforced fairness and transparency of contract terms of the Buy Now Pay Later sector despite not regulating the sector.
Feb 23, 20221 min readWebinar - Toxic Behaviour: the FCA view Non-financial misconduct is arguably a harder area to navigate than other areas of misconduct but increasingly it attracts scrutiny from...
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...
Nov 2, 20211 min readLatest Regulatory Initiatives Grid published November 2021On November 1st the FCA set out its latest planned Regulatory Initiatives Grid for the next 24 month period, as set out by the Financial...
Sep 24, 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 17, 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 6, 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...
