The Kalifa Review of UK FinTech

On 26 February 2021, HM Treasury published an independent report on the UK Fintech sector by Ron Kalifa OBE.  At the Budget 2020, the Chancellor asked Ron Kalifa OBE to conduct an independent review to identify priority areas to support the UK’s fintech sector. The Review formally launched in July [...]

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FCA consultation paper on Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual

On 28 January, the FCA published a consultation paper which proposed amendments to the SCA‑RTS, as well as updates and additions to its published guidance in the Regulatory Technical Standards, Perimeter Guidance Manual and the Approach Document. The FCA notes that it is proposing changes to the SCA‑RTS to support [...]

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FCA review on Implementing Technology Change

On 5 February 2021, the FCA published its review on Implementing Technology Change.  This review sets the FCA’s findings from its cross-Financial Services change management review which looked at how financial firms manage technology change, the impact of change failures and the practices utilised within the industry to help reduce [...]

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FCA launches new online fees portal

On 12 April 2021, the FCA is launching a new online invoicing portal for users to access their invoices and arrange payment of their fees. Firms should continue using the existing invoicing online portal for now.  The existing portal will no longer be available after 31 March 2021.  There will [...]

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FCA to launch new invoicing portal

The FCA have advised they are launching a new online invoicing portal on 12th April 2021 for firms to access their invoices and arrange payment of their fees. Until the new system goes live, firms should continue to use the existing invoicing online portal. The existing portal will not be [...]

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FCA policy statement Proposals to enhance climate-related disclosures by listed issuers and clarification of existing disclosure obligations

On 21 December, the FCA published a Policy Statement, final rule and guidance promoting better climate-related financial disclosures for UK premium listed commercial companies. The FCA has introduced a new rule in Listing Rule (LR) 9.8 requiring that commercial companies with a UK premium listing (including sovereign-controlled commercial companies) include [...]

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