IFPR: Common Misconceptions about the ICARA
With its deadline in January earlier this year, the Investment Firms Prudential Regime (IFPR) has brought in a number of significant changes for FCA authorised firms. The changes, which apply […]
Consumer Duty: The Concept of Fair Value
The new Consumer Duty (“The Duty”) has been introduced by the FCA to ensure appropriate standards of care are provided to retail customers. The FCA published its final rules on […]
FCA Authorisations: Update on Timelines and Service Metrics
The FCA has recently released an update relating to their authorisations case work, and explaining the circumstances that can impact their efficiency in meeting their statutory and voluntary timelines. Once […]
New Training Course – Your MLRO Training Day
With regulatory fines exceeding £600 million in the past two years due to failures in AML systems and controls – are you or your team aptly prepared? Complyport and the […]
Has The Pause Button Been Hit on ESG?
Sustainability issues and concerns globally over the past decade, have led to the surfacing of a new and different approach by investors when making investment choices and decisions, namely, Environmental, […]
CP22/18: Guidance on the Trading Venue Perimeter
CP22/18 was published by the FCA on 22 September 2022 and is part of the Wholesale Markets Review with HM Treasury to strengthen the UK’s position in global wholesale markets. […]
Challenges Faced When Implementing An ICARA
The Internal Capital Adequacy and Risk Assessment (“ICARA”) was designed under the Investment Firm Prudential Regime (IFPR) to supplement FCA-regulated entities’ own funds requirements and allow the identification, monitoring and […]
Big firms, Big fines: The Risks Associated With Using Private Devices In The Workplace
In April and July 2022, we published articles highlighting the risks of using social media applications like WhatsApp on private devices in the workplace. Last week, we saw that 16 […]
The ICO is clamping down on data thefts
Criminal proceedings against eight individuals over the alleged unlawful accessing and obtaining of people’s personal information from vehicle repair garages to generate potential leads for personal injury claims have been […]
Fighting financial crime from the point of view of the FCA
Fighting financial crime underpins the FCA’s priorities and it is taking action at pace on areas from spotting sanctions-busting to driving improvements on money laundering controls and raising consumer awareness. […]