FCA – Brexit: information for retail investment firms in the UK
The UK retail investments sector comprises many relatively small UK firms servicing primarily UK-based customers. If these firms have EEA-based customers (including UK expats), the FCA expects these firms to […]
FCA publishes coronavirus financial resilience survey data
On 7 January 2021, the FCA published the results of its coronavirus (Covid-19) financial resilience surveys. The surveys were sent to solo-regulated firms to inform the FCA of the impact […]
FCA policy statement Proposals to enhance climate-related disclosures by listed issuers and clarification of existing disclosure obligations
On 21 December, the FCA published a Policy Statement, final rule and guidance promoting better climate-related financial disclosures for UK premium listed commercial companies. The FCA has introduced a new […]
FCA warns consumers of the risks of investments advertising high returns based on cryptoassets
The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns. Investing in cryptoassets, or investments and lending […]
Completing sterling LIBOR transition by end-2021
After many years of preparation, 2021 is the critical year for firms to complete their transition away from LIBOR. The LIBOR administrator, ICE Benchmark Administration, is consulting on ceasing publication of all sterling LIBOR settings at […]
Buy now, pay later (BNPL) firms will come under the supervision of the FCA
The FCA has published a report on change and innovation in the unsecured consumer credit market following a Review from its former Interim Chief Executive, Christopher Woolard, setting out a […]
Regulation in the Insurance Industry: Looking ahead to 2021
Aim of the Webinar 2020 was a year that demanded seismic shifts in the way organisations conducted their business. Most of us had to rapidly develop and deploy new processes […]
New Survey of Financial Services firms: 63% do not believe Government has done enough to resolve “equivalence issue” with EU
New Survey of Financial Services firms: 63% do not believe Government has done enough to resolve “equivalence issue” with EU Growing disquiet from financial services towards the Government at the […]
TMPR — Key Brexit Action for Investment Funds
Written by Mike Dalmiras The UK left the EU on 31 January 2020. Since then, EEA financial services firms in the UK have operated under existing regulatory rules in a […]
‘Final Preparations For End Of The Transition Period’ Letter To CEOs Of Insurance Firms
Written by Mike Dalmiras The Bank of England together with the FCA have written a letter to CEOs of insurance firms to remind them on the importance of being prepared […]