FCA Regulatory Sandbox: A Gateway for Innovation in Financial Services
Innovation in financial services is accelerating, with emerging technologies such as AI, blockchain, and open banking reshaping the industry. This is where Complyport Limited steps in, providing expert regulatory guidance […]
Fresh Set of FCA Fines, their Implications and Impact
In 2024, the FCA issued fines totalling £176,045,385 as part of its disciplinary actions and enforcement penalties. These fines were issued for various breaches, including Market Abuse Regulations, listing rules, […]
Evolution of KYC Managed Services
Evolution of KYC Managed Services KYC (Know Your Customer) managed services refer to comprehensive solutions provided by third-party firms that take on the responsibility of managing various aspects of the […]
The Interim Capital Regime – Further Clarification by the Prudential Regulation Authority
Background PS19/24 – Strong and Simple Framework: The definition of an Interim Capital Regime (“ICR”) firm was issued by the Prudential Regulation Authority (“PRA”) at the end of 2024 and […]
Unlocking Sustainable Finance: FCA’s Latest Consultation Paper CP24-26
The Financial Conduct Authority (FCA) has recently released its Quarterly Consultation Paper No. 46 (CP24-26). The consultation opened on 6th December 2024, focusing on several key changes aimed at enhancing […]
Operational Incident and Third-Party Reporting
Overview The Financial Conduct Authority’s (FCA) Consultation Paper, CP24/28, outlines proposed changes to the regulatory framework governing how firms report operational incidents and manage third-party arrangements. Introducing this Consultation Paper […]
Operational Resilience: Preparing for the 31 March 2025 Deadline
Introduction Financial services firms required to comply to the Operational Resilience requirements must do so by 31 March 2025. These requirements stem from the Financial Conduct Authority’s (FCA) Policy Statement […]
Navigating the Future of Financial Regulation: Insights from CP24/24: The MiFID Organisational Regulation
The Financial Conduct Authority (FCA) has recently released a pivotal Consultation Paper, CP24/24: The MiFID Organisational Regulation. This Paper outlines the FCA’s proposal to incorporate the firm-facing requirements of the […]
FCA Outlines 2025 Priorities for Payments Firms
The Financial Conduct Authority (FCA) has issued a Dear CEO letter to Chief Executive Officers of payments portfolio firms, setting out its supervisory priorities for 2025. The Letter highlights three […]
A Case of Market Abuse and How We Can Help Your Business Stay Compliant
The FCA has issued a Final Notice to the former Chief Supply Chain Officer at Wizz Air Holdings plc for breaches of the Market Abuse Regulations (MAR). This Notice, dated […]