We provide monthly insights on hot topic issues going on in the industry. See below for some of our latest insights.
With six months to go before the Consumer Duty Regulation comes into force, the Financial Conduct Authority (FCA) published the results of its review of
In April, the FCA published its three-year Strategy, setting out how it will achieve better outcomes for consumers and markets throughout the UK. Alongside that,
In response to the situation in Ukraine, the UK announced increased sanctions applicable to Russia on 24 February 2022. The Prime Minister who announced these described by
The FCA recently published its Dear CEO letter (dated 21 May 2021) issued to retail banks requesting for the firms to identify and address common control failings
The FCA launched the second phase of its proposed rules for the UK Investment Firm Prudential Regime (“IFPR”) by publishing the Consultation Paper 21/7: A new UK prudential regime for MiFID investment
The FCA has begun surveying solo-regulated MiFID investment firms and CPMI firms in its preparation for the new prudential regime, EU’s Investment Firm Directive and
The month of October was a busy month for the regulators, PRA and FCA who issued Dear CEO letters to financial institutions on their final