LIBOR – Risk-Free Reference Rates Working Group further statement on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans
Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank […]
FATF response to COVID-19
FATF extends its assessment and follow-up deadlines in response to COVID-19 The gravity of the COVID-19 situation globally and the consequent COVID-19 related measures that countries have adopted, such as […]
How Financial Services Firms Should Handle Complaints During Covid-19
The outbreak of Coronavirus (Covid-19) and the associated public health measures have posed many operational challenges to financial services firms. This includes the handling of consumer complaints and the FCA […]
Complyport Welcomes Alpha Capital Compliance Into Its Associate Programme
Complyport is delighted to welcome Alpha Capital Compliance as the latest member of its Associate Programme. Complyport’s Associate Programme provides the opportunity to top-quality regulatory advisory firms and governance, risk […]
Coronavirus (COVID-19) Update: The FCA Proposed Supportive Measures For Motor Finance And High-Cost Credit Customers
The FCA has announced supportive measures for motor finance and high-cost credit customers that are intended to complement the measures already announced by the government as a response to the […]
Coronavirus (COVID-19) Update: FCA Confirms Temporary Measures For Financial Relief For Customers Impacted By The Coronavirus
The FCA has approved the proposed measures, outlined in a previous consultation, designed to promptly support users of certain consumer credit products who are facing financial difficulties arising from the […]
Coronavirus (COVID-19) Update: FCA Announces Temporary Relief For The Publishing Of Annual And Half-Year Reports And Accounts
Considering the challenges faced by many fund managers and auditors when preparing their financial statements due to the Covid-19 pandemic, the FCA has decided to extend the deadline for submission […]
The Coronavirus (COVID-19) Pandemic: A Summary of FCA Guidance & Regulatory Developments in the EU’s Investment Services and Capital Markets Sectors
The FCA has issued the following guidance to the financial services industry regarding the response that FCA expects firms to take in response to the Coronavirus (COVID-19) pandemic. The FCA […]
FCA launched a COVID-19 webpage
While closely monitoring the coronavirus situation, the Financial Conduct Authority (FCA) has launched a new webpage that will be providing significant resources to UK regulated firms and FCA’s colleagues. The […]
Delays to corporate reporting
In response to the current situation, the FCA, the Financial Reporting Council (FRC), and the Prudential Regulation Authority announced a series of actions to ensure the continued functioning of capital […]