In September 2020, the Financial Services Regulatory Initiatives Forum published the second edition of the Regulatory Initiatives Grid which sets out the planned regulatory initiatives for the next 24 months. […] [...]

On 2nd September 2019 ESMA issued their final report on the Guidelines on Liquidity Stress Testing (LST) in UCITS and AIFs. The report and its requirements come into effect on […] [...]

Complyport is pleased to have presented our webinar held on 2 September 2020 held in conjunction with MAP Fintech, a member of Complyport’s Associate Programme. The webinar explored the latest […] [...]

The FCA is consulting on extending the deadlines by which FCA solo-regulated firms must have first assessed the fitness and propriety of their Certified Staff and for training staff in […] [...]

The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers. More than 24 million people display one or more potential characteristics of vulnerability – […] [...]

The FCA published a discussion paper on a prudential regime for UK investment firms. The discussion paper sets out the technical details and the FCA’s views on the Investment Firm Directive (“IFD”) […] [...]

The current requirement for an authorised firm to approve the financial promotion of an unauthorised firm may not operate as a strong enough safeguard to ensure such financial promotions are […] [...]

The FCA published a Dear CEO letter to authorised firms acting as brokers in wholesale financial markets, who currently, or may in the future, offer services (including clearing broker and prime broker […] [...]

The deadline for solo-regulated firms to have undertaken the first assessment of the fitness and propriety of their Certified Persons has been delayed from 9 December 2020 until 31 March 2021. […] [...]

The High Court ruled in favour of the FCA in a civil action against 2 firms and their directors who provided pension services to consumers without FCA authorisation. The FCA’s […] [...]

The FCA has set out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market. It includes steps to reduce conflicts of interest by banning […] [...]

The FCA fined Lloyds Bank plc, Bank of Scotland plc and The Mortgage Business plc (the banks) £64,046,800 for failures in relation to their handling of mortgage customers in payment […] [...]

The FCA has taken action to stop four Cypriot investment firms from continuing to offer high risk contracts for difference (CFDs) to UK investors. It appears that these firms used […] [...]

Following the temporary ban that was introduced in January 2020, the FCA released proposals to put a permanent ban on the mass-marketing of speculative mini-bonds and other products with similar […] [...]

The FCA confirmed the support users of certain consumer credit products will receive if they are still experiencing temporary payment difficulties due to coronavirus (Covid-19). The measures outline the options […] [...]

The FCA confirmed the support firms should give to mortgage customers who are either coming to the end of a payment holiday or who are yet to request one. The […] [...]