FCA releases updated guidance on EU departure preparations
The FCA has published updated information to help support regulated firms in finalising their preparations for the UK leaving the EU. The FCA is urging firms to ensure they are […]
FCA Brexit Briefings
The FCA is hosting two briefings for regulated firms in preparation for Brexit. These are taking place in London and Edinburgh with live webcasts being shown. Details of how to […]
FCA Brexit Policy Statement and Transitional Directions
The FCA has agreed MoUs with ESMA and EU regulators. The FCA has published Policy Statement 19/5 (PS19/5) in which it gives feedback to various consultation papers in relation to […]
FCA review of costs and charges disclosure in the investment sector
The FCA has published key findings of supervisory work to assess the effectiveness of disclosure by asset managers and intermediaries, such as wealth managers, to their retail customers. The supervisory […]
FCA statement on onshoring ESMA’s temporary product intervention measures on Retail CFDs and Binary Options
The FCA has announced that ESMA’s temporary intervention measures prohibiting binary options and restricting CFDs being sold to retail clients will become part of UK domestic law when the UK […]
FCA issues a decision notice under competition law
The FCA has issued a decision notice which found that three asset management firms breached competition law. This was the first formal decision made by the FCA under its competition […]
Joint statement by UK and US authorities on continuity of derivatives trading and clearing post-Brexit
UK and US authorities are taking measures to ensure that the UK’s withdrawal from the EU will not create regulatory uncertainty regarding the derivatives market activity between the UK and […]
Bank of England and FCA agree Memoranda of Understanding with EIOPA and EU insurance supervisors
The Prudential Regulatory Authority, the FCA and European Insurance and Occupational Pensions Authority (EIOPA) have announced that they have agreed Memoranda of Understanding (MoUs) regarding supervisory cooperation and information-sharing arrangements […]
FCA Statements of Policy on the operation of the MiFID transparency regime
The MiFID transparency regime uses trading data from the UK and the EU. It currently operates by ESMA validating data on trading across the EU and performing various calculations to […]