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 […] [...]

Further to our article of 16/08/2022 where we reported news of a Yorkshire man receiving a 12-month prison sentence after pleading guilty to three counts of fraud by false representation, […] [...]

Published in mid-July 2022, the Serious Fraud Office’s (SFO) Annual Report and Accounts for 2021/2022, makes for a very interesting read. The report includes an insight into the purpose and […] [...]

Updated in late July 2022, the Financial Conduct Authority (FCA) has laid out the steps a firm should consider regarding its operational and cyber resilience systems and controls following Russia’s […] [...]