Jul 30, 2021 Power shifts within the FCA - quick-fire executive decision-making is coming into style By Duncan Campbell The FCA is consulting on significant proposed changes to its decision-making procedure to facilitate rapid regulatory action. The...
Jul 26, 2021 After the watershed – HM Treasury consults on extending SMCR to FMIs By Jimi Piggott-Bader It is little over six months since the phased roll-out of Senior Managers and Certification Regime (SMCR) reached a climax-of-sorts, with...
Jul 23, 2021 Is a "Consumer Principle" needed? By Elizabeth Dowd Hear my colleagues Lara Adamson and Tom Rudrum discuss consume redress and the potential for a new "Consumer Principle" in our latest...
Jul 23, 2021 What will the FCA's proposed consumer duty mean for consumer redress? By Thomas Rudrum Duncan Campbell The FCA is consulting on the new consumer duty with the aim of setting higher expectations for the standard of care that firms provide to...
Jul 19, 2021 A Division that's sluggish or ready to spring? The latest stats from FCA Enforcement By Duncan Campbell The FCA Enforcement data released with the FCA's 2020-21 Annual Report paint a striking picture of the FCA's responses during an...
Jul 13, 2021 When is a change in control application complete? By Omar Salem Under the Financial Services and Markets Act 2000 (FSMA) a person who decides to acquire or increase control over a PRA or FCA authorised...
Jul 13, 2021 EU Taxonomy - Platform on Sustainable Finance consults on draft brown and social taxonomies By Sara Feijao Jesus Elguea Palacios Pauline Hascoet On 12 July 2021, the Platform on Sustainable Finance (PSF) published the following draft reports on the brown and social taxonomies for...
Jul 13, 2021 EU delays application date of SFDR RTS By Sara Feijao The head of the European Commission's financial services unit, John Berrigan, has said in a letter to the European Parliament that the...
Jul 07, 2021 European Commission publishes Renewed Sustainable Finance Strategy By Sara Feijao Raza Naeem Victoria Hickman The European Commission has published its updated Strategy for Financing the Transition to a Sustainable Economy (“Renewed SF Strategy”)...
Jul 07, 2021 UK regulators are serious about D&I (and you should be too) By Elizabeth Dowd The FCA, PRA and BoE have published a discussion paper on their plan to improve diversity and inclusion in regulated firms. Although the...
Jul 06, 2021 Settlement Discipline Regime: headlines from the European Commission Report on CSDR By Victoria Hickman Introduction and headlines On 29 June 2021, the European Commission published its report to the European Parliament and the Council on...
Jul 01, 2021 A regulated future for ESG ratings? By Benjamin Maconick Last week the FCA published CPs on extending mandatory TCFD reporting to standard listed companies and buyside firms. Somewhat hidden in...