This month, UK finance published its UK Markets Summary 2021 and it is and interesting read.  Cash payments continue to decline, assisted...

The FCA has banned Binance Markets Limited from undertaking any regulated activities in the UK, and in so doing, took the opportunity to...

The FCA has published the findings of its review of "host" Authorised Fund Managers (AFMs) today, highlighting weaknesses in governance...

The FCA has now published its Dear CEO letter sent last month to Retail Bank CEOs which sets out common weaknesses it has observed in...

In their latest set of board minutes (dated 29 April 2021), the FCA have confirmed that 'willingness to take legal risk, especially in...

The report of the The Expert Group on Regulatory Obstacles to Financial Innovation set up by the European Commission recommended:

"The...

Different jurisdictions control non-financial misconduct in financial services in different ways, as our multi-jurisdictional survey of...

There’s something very satisfying about finding you have the right tool for the job. For a regulator, the tools of their trade are the...

Football Index’s high-profile collapse could prove to be another lesson in how novel online products can fall through regulatory gaps....

On 22 June 2021, the FCA published two consultation papers with proposals to extend mandatory TCFD reporting to (i) asset managers, life...

In a speech delivered at City Week 2020 published yesterday, FCA CEO Nikhil Rathki set out three ways in which the FCA will build a...

In a very interesting speech, Anna Sweeney (Executive Director, Insurance, PRA), highlights the thoughts behind the 'Grand Design'...

The PRA published its 2020-21 annual report last week along with its latest enforcement and Skilled Persons statistics.  And it's fair to...

It is a sad fact that there is always someone out their looking for opportunities to scam those who (we hope) less savvy than us. With...

Following previous quantitative and qualitative studies since 2018, the FCA has now published its latest research on cryptoasset...

A recent FOI response revealed that 2020 saw a 9 per cent drop in whistleblower reports to the FCA.  

Various industry publications picked...

In a very interesting speech by Christina Segal-Knowles (the Bank of England's Executive Director for Financial Markets Infrastructure),...

The FCA is, according to its Chair Charles Randell, engaged in an "ambitious transformation programme". This involves, among other...

The Law Commission has published a discussion paper seeking views on  whether, and if so, how, the law relating to corporate criminal...

Non-financial misconduct and whistleblowing in financial services are both attracting increasing regulatory scrutiny globally. But...

The ECB has launched a public consultation on a draft Fit and Proper Guide and Fit and Proper Questionnaire, with a public hearing due to...

Prime Minister Boris Johnson set up a task force to recommend regulatory reforms in the wake of newfound regulatory freedom in the UK...

FCA Enforcement's public messaging has stressed its capacity to hold market participants to account during, and despite, the Covid-19...

COVID-19 has been disastrous for many, but for the payments sector it has accelerated the digital agenda by some years. We have seen a...

As crypto markets continue to grow, and some cryptoassets exhibit a high degree of volatility, regulators are forced to consider the...

The financial services industry is a complex ecosystem. There are numerous niches for a plethora of consumers, all built on an intricate...

The Corporate Criminal Offences (CCO) for the failure to prevent the facilitation of tax evasion were introduced by Part 3 of the...

On 7 June 2021, political agreement was reached between the European Parliament and the EC on the proposals for a Directive on Credit...

In key news for businesses, investors and the ESG world: the Taskforce on Nature-related Financial Disclosures (TNFD) officially launched...

Some crypto investors hope to 'HODL' their assets 'to the moon'. However, the FCA has once again confirmed that, like oxygen, there will...

The recent influx of retail investors into trading and increasing popularity of trading apps has brought the zero-commission models...

The FCA has only given the green light to five of the hundreds of crypto businesses which have applied for AML registration. So it's no...

'With the banking sector embracing digitalisation, banking supervisors must also adapt'. These are the words of Pentti Hakkarainen,...

One of the more innocuous curiosities at this year's French Open, which comes to a head this week, was seeing Roger Federer - who at...

The FOS has released its latest quarterly and annual complaints data, showing that interactions with the FOS about banking and payment...

On 2 June 2021, the PRA and the FCA issued a joint letter to Chief Risk Officers of regulated firms to share observations of good...

When you have been around as long as I have, you get used to the fact that today's news is often nothing more than history repeating...

Andrew Bailey's recent speech on tackling climate change "for real" drives home the importance of transition to a net-zero economy - but...

As of 1 June, the FCA will no longer be accepting the old change of legal status application (COLS). So if you are looking to change the...