Introduced in 2018, Article 62 of the MIFID II regulations had required firms to notify clients of any drops in the value of their managed portfolios greater than 10% within […] [...]

The global pandemic of Covid-19 has clearly overshadowed the UK’s full departure from the EU and for the most part the “so what” factor in relation to Brexit has been […] [...]

Last week, the Treasury announced its plans to legislate for new regulatory powers to police the crypto industry, by limiting foreign crypto-related companies selling into the UK, making arrangements to […] [...]

On December 6, 2022, the Financial Conduct Authority (“FCA”) launched a Consultation Paper (CP22/27: Introducing a gateway for firms who approve financial promotions) proposing new measures to tackle illegal, unfair, […] [...]

Further to our email Wednesday June 16th 2021 which provided the sector with our heads-up regarding FCA’s approach to Contracts for Difference (“CFD”) Brokers, we confirm that the FCA dispatched a “Dear […] [...]

Our Complyport team congratulates Jan Hagen for taking up the role of Head of Regulatory Business Solutions at our firm! The Regulatory Business Solutions team, provides bespoke as well as […] [...]

Congratulations to Complyport Director, Graham Levi-Samper, for his appointment as the co-chair of the CASS APCC Committee. Graham heads up our specialised CASS support team, providing advice and support to […] [...]

We previously reported on the introduction of the FCA’s policy statement PS22/11: Improvements to the Appointed Representatives regime in August 2022. As we approach 8th December 2022, we will begin […] [...]

With its deadline in January earlier this year, the Investment Firms Prudential Regime (IFPR) has brought in a number of significant changes for FCA authorised firms. The changes, which apply […] [...]

The new Consumer Duty (“The Duty”) has been introduced by the FCA to ensure appropriate standards of care are provided to retail customers. The FCA published its final rules on […] [...]

The FCA has recently released an update relating to their authorisations case work, and explaining the circumstances that can impact their efficiency in meeting their statutory and voluntary timelines. Once […] [...]

With regulatory fines exceeding £600 million in the past two years due to failures in AML systems and controls – are you or your team aptly prepared? Complyport and the […] [...]

Sustainability issues and concerns globally over the past decade, have led to the surfacing of a new and different approach by investors when making investment choices and decisions, namely, Environmental, […] [...]

CP22/18 was published by the FCA on 22 September 2022 and is part of the Wholesale Markets Review with HM Treasury to strengthen the UK’s position in global wholesale markets. […] [...]

The Internal Capital Adequacy and Risk Assessment (“ICARA”) was designed under the Investment Firm Prudential Regime (IFPR) to supplement FCA-regulated entities’ own funds requirements and allow the identification, monitoring and […] [...]

In April and July 2022, we published articles highlighting the risks of using social media applications like WhatsApp on private devices in the workplace. Last week, we saw that 16 […] [...]

Criminal proceedings against eight individuals over the alleged unlawful accessing and obtaining of people’s personal information from vehicle repair garages to generate potential leads for personal injury claims have been […] [...]

Fighting financial crime underpins the FCA’s priorities and it is taking action at pace on areas from spotting sanctions-busting to driving improvements on money laundering controls and raising consumer awareness. […] [...]

In an effort to enhance its overall anti-money laundering (AML) effectiveness, Jersey introduced a new offence under Article 35A of the Proceeds of Crime (Jersey) Law 1999 (the Law). Inspired […] [...]