Senior Managers and Certification Regime: The FCA has published the final rules on the extension of the Senior Managers and Certification Regime (SM&CR) for solo-regulated firms
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 […]
CSSF — Mandatory Notification for UK firms in the context of Brexit
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 […]
New EU cross-border distribution rules published in the Official Journal
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 acts to protect consumers transferring out of defined benefit pension schemes
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 provides clarity on current crypto-assets regulation
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 […]