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Legal, Regulation & Compliance

04/04/2025

IQ-EQ acquires Agama Group, gaining regulatory compliance service offering in continental Europe

Agama Group provides essential regulatory compliance, internal control and operations support to asset managers and funds across private equity, real estate and other asset classes.

04/03/2025

CP6/25 – Proposed amendments to PRA Rulebook and FCA Guidance on the de minimis threshold for the Loan to Income flow limit in mortgage lending

The PRA proposes to implement the recommendation by amending the Housing Part of the PRA Rulebook.

04/03/2025

FOS expects to resolve 20% more cases in next year

Almost half of these are related to the motor finance commission scandal.

04/02/2025

FCA launches new portal making reporting easier

Previously, firms needed to sign in to 3 different systems.

04/02/2025

Deutsche Bank-owned asset manager DWS fined $27 million for 'greenwashing'

Deutsche Bank-owned DWS had publicly claimed that it was a "leader" in environmental, social and governance (ESG) investing, and that ESG was an integral part of its DNA.

04/01/2025

BoE stats reveal sluggish property market on eve of stamp duty changes

This will particularly be the case for first time buyers as their hard saved deposit will need topping up to cover the new stamp duty costs which they may not have factored in previously.

04/01/2025

Statistical Notice 2025/02 - Updated taxonomy and data point model Version 1.3.1

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

04/01/2025

FINMA adapts its organisation to meet future challenges

The new structure is effective from the beginning of April 2025.

04/01/2025

Fivecast revolutionises financial crime investigations with AI-driven online insights

Speed and accuracy of Fivecast’s digital intelligence platform transform compliance and risk exposure amid increased regulatory pressure and a renewed global clampdown on all types of money laundering

04/01/2025

The Prudential Regulation Authority proposes raising FSCS deposit protection limit to £110,000

The proposed increase takes into account inflation since the limit was last changed, and is designed to give consumers confidence that their money is safe if their UK-authorised bank, building society or credit union fails.

03/31/2025

ESMA makes recommendations for the supervision of STS securitisations

The Report looks into and provides recommendations on the supervisory approaches adopted by selected NCAs when supervising STS securitisation transactions and the activities of their originators, sponsors and securitisation special purpose entities.

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

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