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Legal, Regulation & Compliance

03/28/2025

The Treasury’s plan to cut red tape, the FCA’s five-year plan, and other regulatory updates for financial institutions

This has been most evident in the abolition of the Payment Systems Regulator, and also in decisions by the FCA not to go ahead with its EDI proposals, and to propose changes to retail lending rules.

03/28/2025

Santander loosens affordability criteria in line with FCA wishes

While a lull in the market was expected following the stamp duty rush, Santander could have just reignited it.

03/27/2025

Government commits to exploring long overdue ISA reform

Many Britons hold excessive cash generating low returns, rather than investing in growth assets that could better secure their financial future and help the UK economy.

03/27/2025

UK Spring Statement: the wealth sector reacts

The UK is looking for growth and it may look at the wealthy to provide it, but has Chancellor Rachel Reeves taken that path? PBI asks the experts.

03/27/2025

CP5/25 – Margin requirements for non-centrally cleared derivatives: Amendments to BTS 2016/2251

Consultation paper 5/25

03/26/2025

Established UK manager uses regulatory hosting and third-party AIFM services to support launch of new strategy

They decided to appoint a specialist third-party firm to provide AIFM services whilst their newly established business unit sought direct FCA authorisation in parallel.

03/26/2025

FCA outlines next steps on Consumer Duty rule review

The proposals are part of our work to streamline our rules, reduce burdens on businesses, and improve outcomes for consumers following the introduction of the Consumer Duty.

03/26/2025

FCA launches 5-year strategy to support growth and improve lives

The new strategy builds on the FCA’s achievements over the course of its previous 3-year strategy.

03/26/2025

AILO issues FCA Overseas Funds Regime warning to advisers

Only overseas funds registered with the OFR or TMPR can be promoted to UK retail clients

03/25/2025

Monitoring preparedness and governance under EU cyber security legislation

Dominique Lensink looks at processes to adopt to help comply with the complex EU framework around cyber security.

03/24/2025

FCA to scrutinise whether pure protection market provides fair value to consumers 

The review will explore how effectively this important market is working.

03/24/2025

The Bank of England should stop worrying about inflation

At present, the Bank remains bound to its rigid 2 per cent inflation target.

03/24/2025

Isle of Man FSA sets out two-year financial crime prevention programme

Projects form part of wider approach being delivered across regulator’s four supervisory divisions

03/24/2025

Pensions Regulator publishes overview of the UK’s occupational DC trust-based landscape

This consolidation affects mainly schemes with fewer than 5,000 members and aligns with the Regulator’s initiative to enhance value for money for savers.

03/24/2025

FCA suspends Hargreaves Lansdown shares from trading ahead of delisting

The consortium, made up of CVC, Nordic Capital and an Abu Dhabi Investment Authority subsidiary Platinum Ivy, previously had two bids rejected.

03/21/2025

The digital euro: maintaining the autonomy of the monetary system

Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, University College Cork Economics Society Conference 2025

03/21/2025

Expanding to the UK? Avoid the top 5 regulatory pitfalls

Many overseas firms assume UK regulations will be similar to those in the U.S. or Europe, only to discover key differences too late.

03/20/2025

UK Treasury omits defence from National Wealth Fund priority sectors

Decision comes even as government joins other European countries in seeking to raise military spending

03/20/2025

Chancellor’s National Wealth Fund to deliver growth and boost security

Chancellor sets new strategy for National Wealth Fund to reflect our Plan for Change, unlocking billions of pounds of private investment into the UK.

03/20/2025

UK jobs market holds steady in final economic snapshot before BoE rate decision

The Bank of England will have a rather treacherous path to navigate in the coming months.

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