19 Apr, 2024 FCA Proposes an Option for Bundling Payments for Investment Research and Execution By Elisabeth Overland Borja Ruiz De Gopegui Oliver Schonle On 10 April 2024, the Financial Conduct Authority (FCA) published a consultation paper (CP 24/7) on Payment Optionality for Investment...
12 Apr, 2024 The UK FCA’S Business Plan 2024/25: Five Takeaways for Financial Institutions By Piers Reynolds Jack Helyar At a Glance The UK’s Financial Conduct Authority (the FCA) has recently published its Business Plan for 2024/25, setting out its...
29 Feb, 2024 FCA consultation on publicising investigations: Balancing transparency and collateral damage? By Lucy Clark Ali Sallaway On 27 February 2024, the FCA announced a consultation on proposed amendments to its existing enforcement policy. These include proposals...
03 Jan, 2024 Mind the UK ‘advice gap’: Considering the Advice Guidance Boundary Review By Elisabeth Overland Christopher Bernard Billy Liu On 8 December 2023, HM Treasury (HMT) and the FCA published a joint policy paper (DP23/5) on the Advice Guidance Boundary Review (the...
21 Dec, 2023 Regulation of culture in financial institutions: global trends and challenges By Elisabeth Overland Holly Insley Falko Glasow Jennifer Loeb Christopher Bernard +2 more... Show less Around the world, regulators have become increasingly concerned about culture in financial services firms, as part of a wider focus on...
18 Dec, 2023 The PRA/FCA consultation on assessment of changes in control: what you need to know By Borja Ruiz De Gopegui James Smethurst Christopher Bernard The PRA and the FCA have published a joint consultation paper on the prudential assessment of acquisitions and increases in control...
01 Nov, 2023 Regulatory capital, liquidity and resolution planning for banks: recent developments and cross-border perspectives By David Sewell Mac Mackenzie Janina Heinz Matthew O'Callaghan Christopher Bernard +2 more... Show less Following the failure of Silicon Valley Bank (SVB) and several other U.S. small and mid-sized banks in March 2023, U.S. regulators have...
10 Oct, 2023 The LDI Crisis: One year on By Andrew Murphy Lauren Jackson Anika Prasad A year on from the immediate aftermath of the “mini-budget” which gave rise to the leveraged liability-driven investments (LDI) pensions...
06 Oct, 2023 PRA and FCA proposals on diversity & inclusion and non-financial misconduct seek to drive change in the UK financial sector By Elisabeth Overland Holly Insley Chantelle Nicholas Amy Rentell Emily Smith Shania Bhageerutty Rhiya Lall +4 more... Show less PRA and FCA proposals on diversity & inclusion and non-financial misconduct seek to drive change in the UK financial sector On 25...
25 May, 2023 The UK FCA’s latest Financial Lives Survey spotlights the rise in vulnerable customers By Piers Reynolds Emilio Salice Shania Bhageerutty Rebecca Freedman +1 more... Show less The FCA’s focus on vulnerable customers is longstanding. In the aftermath of the Covid-19 pandemic, the ongoing cost of living crisis,...
11 May, 2023 Are UK retail banks capitalising on customer inertia on savings rates? The FCA makes its approach known in advance of the consumer duty By Piers Reynolds Emilio Salice Shania Bhageerutty Although the FCA’s new Consumer Duty is not yet in force, the regulatory environment is already shifting. For example, the FCA has stated...
27 Apr, 2023 TPR and FCA publish guidance following 2022 LDI crisis By Anika Prasad Emmanuel Bandoh Dawn Heath On Monday 24 April 2023 both the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) issued new guidance on leveraged...