7/22/2025 5:17:50 PM The countdown begins: FMIs given one year to put fundamental rules into practice By James Morris Simon Treacy The Bank of England has finalised its Fundamental Rules for financial market infrastructure. Having originally proposed a six-month...
7/21/2025 1:16:39 PM The Consumer Duty and BNPL – uncomfortable accommodation or a meeting of minds? By Sara Cody Earlier this year the Government laid legislation before Parliament to bring more BNPL agreements into the scope of UK regulation (see:...
7/18/2025 3:52:33 PM HMT is updating the MLRs - here's what you need to know By Duncan Campbell HMT has published the UK government's response to its 2024 consultation on the Money Laundering Regulations (MLRs). In its response it...
7/18/2025 12:00:19 PM In the numbers: the FCA and PRA's interventions and enforcement work 2024-25 By Duncan Campbell From an interventions and enforcement perspective, the PRA's annual report is fairly brief as usual. The FCA's annual report gives a...
7/18/2025 9:11:01 AM FCA shapes rules for BNPL at start of one year countdown to new regime By Harry Eddis Clare Whittle Frances Hodgkins Arjun Lakhani Olivia Murphy Fiona Garrahan Simon Treacy +4 more... Show less Buy-now pay-later providers often rely on exemptions to remain outside the scope of regulation. As the UK plans to tighten these...
7/17/2025 10:44:00 AM Leeds Reforms: Starting gun sounds for comprehensive reforms to the FOS By Sara Cody Starting gun sounds for comprehensive reforms to the FOS The government, together with the FCA and the FOS, has begun the process of...
7/16/2025 10:08:13 AM Leeds Reforms: the SMCR proposals at a glance By Duncan Campbell As part of the Leeds Reforms, HMT, the FCA and the PRA published consultation papers on a package of proposed changes to the SMCR. Their...
7/15/2025 8:05:35 PM One step closer to the next generation of UK retail payments infrastructure By Olivia Murphy In November last year the Government released its north star for UK payments in the form of the National Payments Vision. The NPV...
7/15/2025 8:05:15 PM UK puts growth at heart of financial services strategy By Peter Bevan Simon Treacy The UK Government has published a Financial Services Growth and Competitiveness Strategy. The Strategy, which was launched as part of the...
7/15/2025 11:24:10 AM Mansion House 2025: UK uses “Leeds Reforms” to rewire financial system By Peter Bevan Harry Eddis Clare McMullen Elizabeth Dowd Alastair Holt Nikunj Kiri Raza Naeem Michael Kent +5 more... Show less Rachel Reeves has used a summit in Leeds to announce a wide-ranging package of reforms to financial regulation. A new strategy for...
7/10/2025 4:14:23 PM FCA fines Monzo £21m for failing to ensure its financial crime systems and controls keep pace with its business growth By Jankee Gohil Monzo’s story is so similar to many others – a small firm experiences rapid and significant business growth but its processes, systems...
7/3/2025 4:59:04 PM FCA publishes long awaited non-financial misconduct rules and guidance By Joseph Richmond Declan Mcloughlin The FCA’s long awaited “next steps” on non-financial misconduct (“NFM”) have now been published. Building on its previous consultation in...
7/3/2025 2:04:27 PM Upper Tribunal turns trader in its latest landmark spoofing case By Jankee Gohil Duncan Campbell The Upper Tribunal's recent decision in Gonzalez, Sheth and Urra v FCA has implications for market abuse compliance efforts of all market...
7/2/2025 9:53:12 AM Striking a new balance for mortgage lending – FCA’s Mortgage Rule Review By Clare Whittle Emily Rainbird The FCA has launched the next phase of its Mortgage Rule Review, publishing a discussion paper aimed at encouraging open dialogue on the...
7/1/2025 10:47:44 AM Advice/Guidance Boundary Review: Reflections on the FCA's targeted support proposals By Sara Cody Premlata Fagan FCA and Treasury’s joint Advice Guidance Boundary review is seeking to plug the UK's "advice gap" for retail investors. Targeted support...
7/1/2025 10:34:00 AM Advice/Guidance Boundary Review: FCA consults on its "once-in-a-generation" targeted support proposals By Premlata Fagan Sara Cody There is no denying that the advice gap is stark. Just 9% of adults received financial advice about their pensions or investments in the...