27 Jul, 2023 FCA staff: something's up… By Duncan Campbell The FCA is having an unprecedented growth spurt, according to the latest figures in its 2022-2023 Annual Report. Supervision, Policy and...
27 Jul, 2023 Task forces, innovations and the Path to Harm: it's all change at the FCA By Duncan Campbell The FCA is going through a series of internal changes (as set out in its 2022-23 Annual Report) and these may influence the pattern of...
27 Jul, 2023 The FCA's perimeter patrol By Duncan Campbell In this post we drew upon the FCA's 2022-23 Annual Report and asked: given the FCA's rising case numbers, is the FCA actually managing to...
27 Jul, 2023 FCA Enforcement and Interventions actions: ramping up or stalling out? By Duncan Campbell In this post we drew upon the FCA's 2022-23 Annual Report and asked: given the FCA's rising case numbers, is the FCA actually managing to...
27 Jul, 2023 FCA cases are up - are there more interventions on the horizon? By Duncan Campbell Here's what FCA Enforcement is focused on now, according to stats in the FCA's 2022-23 Annual Report: Changing tack The latest stats...
27 Jul, 2023 The Consumer Duty and transitioning to BAU By Alexia Katzaros The Consumer Duty (the Duty) comes into force on 31 July 2023 for new and existing products and services. As firms complete their...
24 Jul, 2023 How will you celebrate the Consumer Credit Act’s Golden Jubilee? By Clare Whittle Imran Bhaluani Reforming the Consumer Credit Act 1974 – Consultation Response It’s been a busy month for financial services reform, with the “Mansion...
18 Jul, 2023 The Supreme Court’s APP Quincecare decision vs the Consumer Duty By Sara Cody Duncan Campbell The Supreme Court has handed down its judgment in Philipp v Barclays Bank UK plc [2023] UKSC 25, an important case in relation to the...
18 Jul, 2023 FCA guidance on financial promotions and social media By Olivia Murphy The FCA has launched a consultation on its proposed guidance explaining how financial promotion requirements apply to promotions on...
14 Jul, 2023 Joining the dots: PRIIPS, Sustainability Disclosures and the Consumer Duty By Sara Cody As we reported here, The UK government has confirmed that it will repeal the PRIIPs Regulation and empower the FCA to design a new UK...
13 Jul, 2023 The Supreme Court weighs in on bank liability for APP fraud By Olivia Murphy Simon Treacy The Supreme Court has handed down its judgement in Philipp v Barclays Bank UK plc [2023] UKSC 25, an important case in relation to the...
13 Jul, 2023 Political agreement reached on CSDR amendments: mandatory buy-ins retained but significantly reformed By Ashley Rowlands On 27 June 2023, the Council of the EU announced that it had reached a provisional agreement with the European Parliament on amendments...
13 Jul, 2023 UK retail disclosure and the future of PRIIPs in the UK By Emily Harmsworth The government has confirmed that it will repeal the PRIIPs Regulation and will empower the FCA to design a new UK retail disclosure...
12 Jul, 2023 Non-financial misconduct - FCA responds to the Treasury Select Committee, but questions remain By Becky Heaysman The FCA has written to the Treasury Select Committee explaining its supervision and investigation of Odey Asset Management and Crispin...
11 Jul, 2023 Government confirms relaxations of UK Short Selling Regulation regime for shares; signals intent to abolish regime for UK sovereign debt and CDS By James Morris Following Jeremy Hunt's Mansion House speech, HM Treasury has published a response to its call for evidence on the Short Selling...
11 Jul, 2023 UK launches Future of Payments Review By Olivia Murphy The UK Government has launched an independent review into the future of payments. What is the review? According to its terms of...