07/20/2021
FCA secures conditional resolution of proceedings against Park First and its senior management
The FCA brought proceedings against chief executive, Toby Scott Whittaker, director John Slater and a number of companies involved or connected to the Park First Scheme.
07/20/2021
Ireland Update – Central Bank of Ireland updates AML/CFT Guidelines for Financial Sector
The Updated Guidelines list a number of steps that the Board should take in order to meet the necessary standard of governance and oversight.
07/20/2021
The FCA may consult on proposals later this year to address the significant potential for harm through poor advice that the debt packager business model poses.
07/20/2021
This has led HM Treasury to confirm that the UK will diverge from EU PRIIPs regulation to better protect its consumers.
07/20/2021
Business Insider highlights their extensive experience advising wealthy families and business owners.
07/19/2021
Monitor Deloitte's UK leader lays down law on staffing
The diversity of work and steep learning curve of strategy and management consulting mean that it remains one of the most popular careers among graduates.
07/19/2021
The UK’s great bank account shutdown
They want banks to be more robust in monitoring transactions, large money transfers and payments to cryptocurrency sites, and have talked to them about how suspicious activity should be reported.
07/19/2021
Workstreams updates
This allows us to focus on other priority work, including defined benefit pension transfers work and the issues raised in the 2020 consumer investments Call for Input.
07/19/2021
The Guidelines have been issued in the context of the new EU regime on the cross-border distribution of investment funds
07/19/2021
The Law Commission previously reviewed the law in this area in 2010 and found that there was "no pressing need for reform of the identification doctrine"
07/19/2021
Guiding principles on design, delivery and disclosure of ESG and sustainable investment funds
The guiding principles are there to ensure that any ESG-related claims are clear and not misleading, both at the time of application and on an ongoing basis, so that consumers can make informed choices.
07/19/2021
The letter includes a set of guiding principles to help AFMs comply with existing requirements by ensuring that fund disclosures accurately reflect the nature of the fund’s responsible or sustainable investment.
07/18/2021
Sale of entire assets, including excess cash reserves, set to generate more than €500m
07/16/2021
The FCA will also be consulting on changing the balance between decisions taken by the FCA executive and the Regulatory Decisions Committee, which is a sub-committee of the Board.
07/16/2021
Internal investigation is examining as many as 100 cases tied to the sale of currency derivatives
07/16/2021
Enhancing access to the UK's equity capital markets: consultations on changes to the prospectus and listing regimes
The Prospectus Regime Review consultation takes forward the UK Listing Review Report's recommendation that the government carry out a fundamental review of the UK's prospectus regime.
07/16/2021
2020/21 was a challenging year for everyone – the people we serve, the industry we regulate, and all of us at the Financial Conduct Authority.
07/16/2021
Achieving these emission reductions in the next decade is crucial to Europe becoming the world's first climate-neutral continent by 2050
07/16/2021
The Business Plan sets out the key areas of focus for the FCA in the coming year.
07/16/2021
This is particularly the case considering the issuance of the Bank of England’s, FCA’s and PRA’s joint discussion paper on diversity and inclusion in the financial sector in July 2021.