Robo Advisers Present a New Set of Risks
Advice is complex. Consider two financially identical individuals living in the same street with the same job, mortgage and commitments. Taking the bare facts, the robot adviser will reach the […] [...]
Advice is complex. Consider two financially identical individuals living in the same street with the same job, mortgage and commitments. Taking the bare facts, the robot adviser will reach the […] [...]
The FCA has launched a series of step-by-step guides aiming to support consumer credit firms in completing their application for full or limited permission using our FCA Connect application system. […] [...]
After much debate the FCA is proposing changes to the pension rules to address the risks and challenges faced by consumers in the new retirement market. The FCA’s paper contains […] [...]
The FCA and HM Treasury has launched the Financial Advice Market Review (FAMR). The review will examine how financial advice could work better for consumers. The review will consult in […] [...]
Complaints Handling The FCA has published final rules on complaints handling. In summary the changes are: An extension of the ‘next business day rule’, where firms can handle complaints less […] [...]
The FCA has published Guidance on the risk to customers from performance management at firms (FG15/10) – the paper advises that it will be relevant to all types of firm […] [...]
The FCA’s Business Plan for 2015/16 – see previous article in this Regulatory Roundup – advises us that to help embed its new strategy the FCA has made some changes […] [...]
Regulation 1286/2014 on the provision of Key Information Documents (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs) came into force on 29 December 2014 – although it will not […] [...]
Following on from the proposals for European VenCap and Social Entrepreneurship funds (EuVECA & EuSEF – see Regulatory Roundups 47 & 48), Europe is proposing a further type of collective […] [...]
Regulatory Roundup 47 advised of the proposals to allow managers of Venture Capital or Social Entrepreneurship funds to use the EuVECA or EuSEF designations, as applicable, which would permit – […] [...]
It has been a long time coming – e.g. see Regulatory Roundup 33 from August 2011 – but the final policy statement on platforms and charging has now been published […] [...]
The European Council has adopted (separate) regulations which will allow the managers of Venture Capital or Social Entrepreneurship collective investment undertakings (CIU) that are not UCITS to operate under an […] [...]
The FSA has published its latest guide on the Retail Distribution Review in response to calls for help from the industry (and incidentally which reports that firms believe that implementing […] [...]
It may be recalled that ESMA issued a consultation paper towards the end of last year (see Regulatory Roundup 38) concerning guidance on certain aspects of the MiFID suitability requirements. […] [...]
‘Suitability’ can be found in COBS 9 of the FSA Handbook and is largely, although not exclusively, driven by MiFID requirements. As a reminder, the concept of suitability applies to […] [...]
As may be recalled, the FSA issued a ‘Dear CEO’ letter in June (see Regulatory Roundup 31) on the matter of ‘suitability’ (COBS 9) which referenced a review of 16 […] [...]
The FSA has published consultative guidance covering the ‘Top questions asked at the Retail Distribution Review (RDR) roadshows’. The four page document contains 11 FAQs to ‘further clarify our rules […] [...]
The Retail Distribution Review (RDR) continues its progress (see Regulatory Roundup 32 for the most recent update) with the publication of PS11/9 ‘Platforms – Delivering the RDR and other issues […] [...]
The FSA’s Retail Distribution Review (RDR) will have an impact on retail advisors (not just IFAs but advisers within stockbrokers, asset managers, banks etc.) in respect of commission payments (to […] [...]
The previous article concerning submissions to the FSA is based upon published complaints against the FSA. One other published complaint concerned an individual’s dispute with the FSA over what was […] [...]
34 Lime Street
London
EC3M 7AT
United Kingdom
+44 (0)20 7399 4980
info@complyport.co.uk
Emirates Financial Towers
South Tower
Level 3, Office 308
DIFC, Dubai
United Arab Emirates
info@ae.complyport.com
2 Diagorou
ERA House
Ground Floor, 1097
Nicosia
Cyprus
info@cy.complyport.com
© Complyport 2025 | All Rights Reserved.