Feb 02, 2024 PRA issues second largest fine for historic failings: what can we learn from this week’s action? By Clare McMullen Joseph Richmond Saurabh Gupta Stephen Clipsham +1 more... Show less On the day it confirmed a change to its penalty policy that many expect will lead to larger penalties, the PRA issued its second largest...
Aug 24, 2022 Why do regulatory change projects fail? By Martyn Hopper Clare McMullen The FCA's £17.9m fine on Citigroup for failings in its implementation of the Market Abuse Regulation is remarkable for two main reasons: ...
Feb 02, 2022 Operational resilience - two months to go By Becky Heaysman Clare McMullen Simon Treacy In two months new regulations on operational resilience will start to apply for many UK financial services firms. The FCA has used a...
Feb 02, 2022 Insurance: UK law and regulation By Alastair Holt Jimi Piggott-Bader Clare McMullen Sebastian Barling +1 more... Show less Would you like a user-friendly and concise overview of UK insurance law and regulation? If so, please see this paper. It was great to...
Jun 30, 2021 Retail banks’ AML frameworks: mind the gap (analysis) By Clare McMullen The FCA has now published its Dear CEO letter sent last month to Retail Bank CEOs which sets out common weaknesses it has observed in...
May 19, 2021 In the fight against financial fraud, the FCA is turning up the heat on firms By Clare McMullen Protecting consumers from harm at the hands of financial fraudsters has long been a real headache for the FCA: there is understandable...