The FCA has extended the Senior Managers and Certification Regime (SM&CR) to around 47,000 additional firms as of 9 December. The FCA stated that this further extension is a key […] [...]

The FCA has announced that it will ban the mass marketing of speculative mini-bonds to retail consumers. The FCA ban will mean that unlisted speculative mini-bonds can only be promoted […] [...]

From 9 December 2019, MIFID investment firms and optional exempt firms need to use a new form to submit information to the FCA when appointing Non-SMF Directors to, or withdrawing […] [...]

The FCA has fined Tullett Prebon (Europe) Limited £15.4 million for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and […] [...]

The FCA has published multi-firm review findings indicating the Markets in Financial Instruments Directive’s (MiFID II) research unbundling rules have improved asset managers’ accountability over costs, saving millions for investors. […] [...]

The FCA has published the complaints figures for regulated firms for the first half of 2019. The data showed an increase in complaints from 3.91m in the second half (H2) […] [...]

The FCA has published Policy Statement PS19/24 in which it has confirmed new rules which apply to certain types of open-ended funds investing in inherently illiquid assets such as property. […] [...]

The FCA is increasingly emphasising Risk Frameworks as part of its expectations of firms’ governance, systems and controls. Under proposed rules, the FCA can request any firm to submit its […] [...]

The FCA is increasingly emphasising Risk Frameworks as part of its expectations of firms’ governance, systems and controls. Under proposed rules, the FCA can request any firm to submit its […] [...]

In our continual effort to help assist financial services firms with their on-going regulatory requirements, Complyport recently hosted a free webinar on the Senior Managers and Certification Regime (“SM&CR”) with […] [...]

The SM&CR is being extended to FCA solo-regulated firms on 9 December 2019. The aim of the SM&CR is to reduce harm to consumers and strengthen market integrity by creating […] [...]

The Luxembourg financial regulator, the CSSF, published a press release on 15 July 2019 informing UK firms that they will be considered “third country” firms and will lose the benefits […] [...]

The texts of a new Directive ((EU) 2019/1160)) and a new Regulation ((EU) 2019/1156)) have been published in the Official Journal on 12th July 2019. The purpose of the Directive […] [...]

The FCA has published a package of pension related proposals designed to improve the quality of pension transfer advice, and to help consumers get better value from their pension. The […] [...]

The FCA has published final guidance which sets out the crypto-asset activities that it regulates. The Final Guidance is in response to the FCA’s consultation that was published in January […] [...]

Written by Ian Gibson Ever since March 2014, when George Osborne in his position as Chancellor, announced, his now famous pension reforms, there has been an ever-increasing clamour by pension […] [...]

During a meeting on 3 June 2019 in London, the FCA and the AFM signed a joint agreement to formalise this partnership. Since the UK announced its intention to withdraw […] [...]

The FCA has confirmed new rules restricting the sale, marketing and distribution of CFDs and CFD-like options to retail customers. The rules seek to address harm to retail consumers by […] [...]

The FCA has published a notice setting out the reasons for acting contrary to ESMA’s Opinion of the FCA’s national product intervention measures restricting how CFDs and CFD-like options are […] [...]