FCA Consultation CP21/36: A New Consumer Duty
On 7th December 2021 the FCA released CP21/36, a consultation to the industry with proposed updates and strengthening of Consumer Duty rules. This consultation provided further details of Consumer Duty […]
Complyport – More needs to be done to crack down on institutionalised corruption
LONDON–(BUSINESS WIRE)–Complyport a City of London compliance and regulatory consultancy on International Anti-Corruption Day, has called on private and public bodies to ensure accountability, integrity, and transparency in procurement processes, […]
Summary of Appointed Representatives Consultations – CP21/34
The FCA have recently published CP21/34, a consultation paper which outlines their proposed changes to the Appointed Representatives (AR) regime and addressed significant failures of Principals in their understanding of […]
FCA Strengthens Protection for Vulnerable Customers: CP21/36: A new Consumer Duty
The Consultation Paper (CP), CP21/36, maps out the FCA’s current stance in relation to the UK’s new consumer duty. With the introduction of the new Consumer Duty policy, the FCA […]
Webinar – Implementing IFPR – A detailed review of the ICARA preparation process
The Investment Firm Prudential Regime (IFPR) will be impacting all UK investment firms authorised under MIFID from the 1st of January 2022 with the regime bringing in changes to Classification […]
Financial Crime Highlight – Money Laundering Directive and Predicate Offences
An Financial Crime Highlight by Complyport’s Financial Crime and Forensics Unit. The European Union’s (EU) 6th Money Laundering Directive (AMLD6) came into effect almost a year ago for its member […]
Implementation of Investment Firms Prudential Regime – Final Policy Statement – PS21/17
The FCA issued its third and final IFPR policy statement (PS21/17) on 26th November 2021. PS21/17 covered a wide range of subjects and tied up some of the loose ends […]
As The Principal firm, Do You Know What Your Appointed Representatives Are Doing?
The FCA’s review of the use of Appointed Representatives (AR) is one of its current priorities, with increased levels of harm across all sectors by ARs being noted. Therefore in […]
Summary: DP21/4: Sustainability Disclosure Requirements (SDR) and investment labels
The Discussion Paper (DP), DP21/4, maps out the FCA’s current stance in relation to a UK sustainable product labelling system, which will require certain investment products to display a label […]
Martin Schofield to lead Complyport Financial Crime and Forensics Division
City of London, England, Nov.19 2021 Complyport a London based compliance and regulatory consultancy has today announced that it has appointed experienced financial crime prevention expert Martin Schofield who has […]