28 Apr, 2023 Consumer Duty and the cost-of-living, from embedding to enforcement - a key focus of the FCA Business Plan for 2023/24 By Becky Heaysman The FCA has published its latest Business Plan for 2023/24, setting out the roadmap for the next 12 months towards delivering the...
27 Apr, 2023 New podcast episode scans regulatory horizon By Harry Eddis Simon Treacy Harry Eddis and Jean Price recently joined Vermeg’s FinTalk podcast to discuss the current hot topics in UK financial regulation. Topics...
25 Apr, 2023 FCA publishes guidance to enhance resilience in Liability Driven Investment By Raza Naeem Premlata Fagan On 24 April 2023, the FCA published guidance and recommendations to Liability Driven Investment (LDI) managers to "enhance the...
24 Apr, 2023 Insights from the “Nudge Unit” on behavioural biases and the Consumer Duty By Sara Cody Duncan Campbell Listen to our interview with Ruth Persian of the Behavioural Insights Team (BIT) – the “Nudge Unit” – about behavioural biases and the...
21 Apr, 2023 You need to think outside the box to implement the Consumer Duty. Our podcasts can help you By Duncan Campbell Sara Cody Connie Faith You'll need a new level of cross-disciplinary work to meet Consumer Duty expectations and its outcomes-focused approach. Dive in with...
19 Apr, 2023 After the gold rush - JROC publishes recommendations for next phase of open banking in the UK By Jimi Piggott-Bader Akshay Bilolikar The joy of six (years) - from revolution to evolution in open banking The UK has been at the forefront of open banking since its...
17 Apr, 2023 The Consumer Duty and information exchange: how to rise to the challenge By Sara Cody Duncan Campbell The Consumer Duty contains extensive monitoring and testing obligations. But it doesn’t stop there. It breaks new ground by obliging...
13 Apr, 2023 UK crypto regulation: Status update By Simon Treacy 2023 is proving to be a pivotal year for the regulation of cryptoassets in the UK. The Financial Services and Markets Bill will be...
13 Apr, 2023 PRA takes the UK's first enforcement action for breach of the Senior Manager Conduct Rules By Duncan Campbell We now have our first enforcement action against a Senior Manager under the SMCR for breaches of the Senior Manager Conduct Rules. And...
12 Apr, 2023 FCA Business Plan 2023/24 - takeaways for insurance and pension providers By Jimi Piggott-Bader Amid a challenging and changing market backdrop - from cost of living pressures and heightened operational resilience risks, to the UK...
05 Apr, 2023 FCA Business Plan 2023/24: acting faster to detect and prevent harm By Premlata Fagan Karen Cooper In his latest Business Plan, published on 5th April 2023, FCA CEO Nikhil Rathi sets out the FCA’s plans to deliver the second year of its...
04 Apr, 2023 The Consumer Duty has changed - here's what you need to know By Duncan Campbell Sara Cody We previously blogged on changes the FCA was considering making (in CP22/26) to the Consumer Duty and how certain scoping changes could...
03 Apr, 2023 Investment research review issues snap call for evidence By Raza Naeem Karen Cooper Simon Treacy A review of the UK’s rules for investment research was announced as part of last year’s Edinburgh Reforms. Now the first stakeholder...