Changes to UK MiFID – CP21/9: What does it mean for you?
The FCA has recently ended consultation (CP21/9), which covered changes to UK MiFID’s conduct and organisational requirements. The paper deals with the relaxing of certain obligations relating to investment research […]
ESMA Temporary Permissions Regime
ESMA has updated its Q&As in this area and has included a new section relating to the prominence of risk warnings. Guidance given by ESMA states that “The risk warning […]
Summary of Third IFPR Policy Statement PS21/17
On 26th November 2021, the FCA issued the 3rd IFPR policy statement (PS21/17) following the consultation paper CP21/26 issued in August 2021. In this final policy statement, the FCA aims […]
Update Compliance Processes or Risk Failure to Meet Operational Resilience Deadline
LONDON – City compliance, governance, and risk consultancy Complyport is today launching an Operational Resilience Support service for firms regulated in the UK. With a new policy from the Financial […]
‘Financial Crime update bulletin’
HM Treasury Approves AML Guidance for the Legal Sector – It was reported last week that HM Treasury has approved the updated Legal Sector Affinity Group (LSAG) Anti-Money Laundering (AML) […]
The FCA Hot Topic: Suitability in Wealth Management
FCA stresses the actions they are and will be taking on suitability issues.
Penny Woollacott
FCA Capital Adequacy Guidance for Solo Regulated Firms
The FCA issued a statement warning that firms must plan ahead and ensure sound management of their financial resources in the face of the threats from Coronavirus. Whilst the FCA […]
FCA warns Senior Managers and the CEO about CFD practices
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 […]