How to Get FCA Authorised: A Step-by-Step Guide
If you are planning to launch a financial services business in the UK, whether it is a payments firm, investment adviser, e-money institution, or cryptoasset service provider, obtaining authorisation from […]
Elevating Your Retirement Income Advice: FCA Guidance
Every retiree deserves financial confidence, and as the FCA’s thematic review highlights, effective retirement income advice is the cornerstone of that confidence. Crafting a robust decumulation strategy is not merely […]
AML Flaws and Failings: Lessons to be Learned from Monzo Bank
Overview The UK’s Financial Conduct Authority (“FCA”) imposed a £21 million fine on Monzo Bank Ltd for significant failings in its Anti-Money Laundering (“AML”) systems and controls. The penalty stems […]
FCA Enforcement Actions Following Thematic Review on Money Laundering in Markets
In its thematic review published on 23 January 2025, the Financial Conduct Authority (FCA) emphasised its awareness of the pervasive threat of money laundering through markets (MLTM) and stressed the […]
FCA Launch New Invest Advice Assessment Tool
Introduction In June 2025 the Financial Conduct Authority (FCA) announced the launch of its Investment Advice Assessment Tool (“IAAT) to be utilised by the industry. This tool is intended to […]
FOS Proposes Overhaul of Compensation Interest to Better Reflect Market Conditions
The Financial Ombudsman Service (FOS) has launched a consultation proposing a major revision to its longstanding 8% simple interest rate applied to compensation payments. The move seeks to better reflect […]
Consumer Duty: Two Years On – Progress, Practice & Proactivity
As we approach the second anniversary of the FCA’s Consumer Duty implementation, Complyport hosted a live webinar to discuss how the landscape has evolved, the expectations that now define regulatory […]
Smaller Firms, Bigger Expectations: Inside the FCA’s Asset Manager Review
The Financial Conduct Authority (FCA) published a pivotal review on smaller asset managers and alternatives firms managing under £1 billion in assets. The message is clear: robust governance, client-centric design […]
Simplifying Insurance Rules: Key Insights from the FCA’s CP25/12 Consultation
The Financial Conduct Authority (FCA) has launched a crucial consultation CP25/12: Simplifying Insurance Rules that aims at cutting red tape and transforming how insurance firms engage with their regulatory obligations. […]
The FCA’s Regulatory Initiatives Grid Dashboard Explained
What Is the Regulatory Initiatives Grid Dashboard? In the dynamic and highly regulated financial services sector, anticipating and preparing for regulatory changes is paramount. Launched in April 2025, the Financial […]