4/17/2025 8:05:05 AM FCA lays out more detail for how CCIs will replace PRIIPs By Raza Naeem Elliot Jack Premlata Fagan Simon Treacy +1 more... Show less The Financial Conduct Authority has opened a second consultation on the new product information regime for Consumer Composite...
4/4/2025 5:58:49 PM FCA suggests relaxing contactless payment limits By Alexia Katzaros The FCA is exploring a more “outcomes-based” approach to regulating retail payments. It is reconsidering current limits on contactless...
4/4/2025 3:09:01 PM PRA Hambro (Wyelands) fine: the SMCR bites for NEDs By Duncan Campbell The PRA has fined George Hambro, a former Notified NED of Wyelands Bank Plc, £72,000 for breaching Individual Conduct Rule (ICR) 2...
4/3/2025 9:43:20 AM Updated edition - AFME & Linklaters implementation guide on MiFIR / MiFID II reforms in the EU and UK By Karen Cooper Stephen Clipsham The Association for Financial Markets in Europe (AFME) and Linklaters have updated our joint implementation guide to help EU and UK firms...
3/31/2025 8:41:05 PM UK operational resilience regime starts to bite By Simon Treacy Financial services firms in the UK face more regulatory risk in the wake of operational incidents. Now that the UK’s operational...
3/26/2025 4:57:20 PM The FCA is spring cleaning (in its Consumer Duty CfI feedback statement) By Sara Cody Duncan Campbell Consultation season is coming, as the FCA publishes a roadmap for regulatory simplification. The FCA has published its feedback statement...
3/25/2025 5:55:22 PM The FCA's strategy puts financial crime enforcement first By Duncan Campbell Interventions and enforcement take a back seat for most of the FCA's 2025-30 strategy. Or do they? The need for speed Yes, the FCA...
3/18/2025 11:50:03 AM FCA rejection of crypto firm application shows importance of effective risk assessments By James Morris Duncan Campbell Simon Treacy In a relatively rare crypto-related decision notice, the Financial Conduct Authority has chosen not to register a cryptoasset exchange...
3/17/2025 4:16:48 PM FCA review of customer support – culture, metrics and the removal of sludge By Sara Cody Duncan Campbell Journey mapping to identify potential ‘sludge’ and innovative uses of data analytics: just two examples of good practice in the FCA’s...
3/17/2025 4:15:11 PM FCA guidance on the fair treatment of vulnerable customers – the power of the personal touch By Sara Cody Duncan Campbell After the seemingly endless stream of Consumer Duty publications published in the first year after go-live, the apparent pause in recent...
3/17/2025 8:30:58 AM More support for overseas firms, crypto and start-ups: FCA pledges to support growth under UK Action Plan By Peter Bevan Simon Treacy The UK Government has released a cross-sectoral Action Plan for regulation. Building on the Chancellor’s Mansion House speech, the plan...
3/14/2025 5:44:51 PM DMCCA 2024 - Commencement date for the new consumer protection regime in sight By Premlata Fagan Clare Whittle With the enactment of the Digital Markets, Competition and Consumers Act 2024 (Commencement No. 2) Regulations 2025 (SI 2025/272), it is...
3/13/2025 8:56:51 PM No Board Champion? No Problem – the FCA drops its guidance on a board champion for the Consumer Duty. By Declan Mcloughlin In a recent speech drawing on comparisons with Alexander the Great, FCA Chief Executive, Nikhil Rathi, detailed initiatives designed to...
3/12/2025 4:55:20 PM UK confirms closure of Payment Systems Regulator By Harry Eddis Richard Hay Olivia Murphy Sam Quicke Arjun Lakhani Frances Hodgkins Simon Treacy +4 more... Show less The UK will abolish the Payment Systems Regulator as part of an efficiency drive. The Government explains that axing the PSR is a...
3/12/2025 4:31:02 PM FCA jettisons a key element of its enforcement transparency proposals - and everyone wins By Duncan Campbell Sara Cody The FCA is walking back much of the substance of its enforcement transparency proposals. We've got history Many will recall that its...
3/11/2025 8:32:54 PM Here's your 2025 guide to Banking Regulation in the UK By Alastair Holt Simon Treacy Alastair Holt and Simon Treacy have co-authored the UK chapter for GLI’s Banking Regulation 2025. Banks entered the year facing an...