Dec 13, 2023 Financial Regulation Legal Outlook 2024 By Rakhee Pattani Our Financial Regulation Outlook 2024 explores the key regulatory developments that we expect to see in the Banking, Asset Management and...
Sep 19, 2024 UK plots post-PRIIPs policy By Raza Naeem Simon Treacy The Government and Financial Conduct Authority plan to put in place the UK’s new retail disclosure regime by summer 2025. According to a...
Sep 17, 2024 Big moves in the FCA's annual interventions and enforcement data By Duncan Campbell The FCA's annual report and metrics are out. The metrics contain most of what's useful, but as usual the message is hidden in the detail...
Sep 16, 2024 Navigating the FCA's Overseas Funds Regime By Premlata Fagan Raza Naeem Elliot Jack With the FCA’s Overseas Funds Regime (OFR) for non-UK funds to be recognised by the FCA and sold to UK retail investors having now been...
Sep 05, 2024 More FCA retail enforcement incoming (if the latest Skilled Persons stats are anything to go by) By Duncan Campbell The latest FCA Skilled Persons (SP) statistics are in, completing the data for the reporting year just gone. We've charted them for you...
Aug 19, 2024 FCA fines auditor for failing to flag fraud suspicions By Sara Cody Simon Treacy The Financial Conduct Authority has fined PwC £15 million for failing to report its reasonable belief that London Capital & Finance (LCF)...
Aug 16, 2024 FCA criticises auditor for CASS report failings By Sara Cody Duncan Campbell Simon Treacy In a first of its kind, the Financial Conduct Authority has censured an auditor for failing to report breaches of the FCA’s client asset...
Aug 02, 2024 A changing landscape: Bank of England’s approach to innovation in money and payments By Simon Treacy Against the backdrop of a rapidly evolving payments landscape, the Bank of England has launched a discussion paper on how it should...
Jul 31, 2024 The latest FCA Consumer Duty messaging (frogs and all) By Duncan Campbell Sheldon Mills is talking about frogs again. Small mercies, though: in this latest speech (at an FCA hybrid event on 31 July 2024) he was...
Jul 30, 2024 The missing DORA technical standard on subcontracting is found By Harry Eddis Raza Naeem James Morris Olivia Murphy +1 more... Show less The European Supervisory Authorities (ESAs) have finalised their much-anticipated technical standard on subcontracting ICT services...
Jul 26, 2024 FMSB opens debate on pre-hedging By Simon Treacy The Financial Markets Standards Board is shining the spotlight on pre-hedging. According to the FMSB, there is uncertainty about how...
Jul 24, 2024 Financial services firms and a new Labour government: the regulatory implications By Duncan Campbell The Labour Party's victory in the July 2024 UK election gives it the first chance since 2010 to shape the way UK financial services are...
Jul 17, 2024 ESAs finalise second batch of DORA Level 2 rules – but one is missing… By Raza Naeem James Morris Simon Treacy The European Supervisory Authorities have finalised more technical standards under the EU’s Digital Operational Resilience Act. EU...
Jul 05, 2024 Labour and the future of financial services regulation and enforcement By Sara Cody The Labour victory on 4 July 2024 represents the first time since 2010 that the party has been given the opportunity to shape the way in...
Jul 04, 2024 EU institutions explore AI in financial services By Simon Treacy As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
Jun 28, 2024 Steve Smart on combatting financial crime: talk to each other more! By Duncan Campbell One year after Steve Smart became the FCA's joint executive director of enforcement and market oversight, he has broken his (sort of)...
Jun 28, 2024 Welcome FCA guidance on monitoring under the consumer duty By Sara Cody The FCA has published its findings from a review of larger insurance firms’ approaches to outcomes monitoring under the consumer duty....