3/31/2025 3:46:57 PM The FCA’s plans for the next 5 years: rebalancing risk, supporting growth By Michael Raffan Noah Schmidt Jessica Frampton Christopher Bernard +1 more... Show less On 25 March 2025, the FCA published its new strategy for the next five years, with the stated goals of “deepening trust, rebalancing...
3/28/2025 3:54:11 PM The future of open banking: UK, EU, and US perspectives By Claire Harrop David Sewell Daniel Klingenbrunn Christopher Bernard Katrina Paliukenas +2 more... Show less Open banking promises to unlock innovation and empower customers by enabling financial information to be shared between traditional banks...
3/28/2025 2:54:18 PM The FCA’s Consumer Duty rule review: a spring clean, but no overhaul By Michael Raffan Christopher Bernard Daniel Tichbi One oft-criticised feature of the UK financial services regime is the complexity and the volume of the FCA’s handbook of rules and...
3/21/2025 3:30:37 PM The High Court affirms the FCA’s wide discretion in exercising its powers of redress By Piers Reynolds Jack Helyar Sharon Tong At a Glance On 7 March 2025, the High Court dismissed an application for judicial review by the All-Party Parliamentary Group on Fair...
3/20/2025 11:52:57 AM UK Government goes full throttle on its growth agenda: New action plan targets financial services regulators By Michael Raffan Elisabeth Overland Tricia Moffat Christopher Bernard +1 more... Show less On 17 March 2025, the UK Government published a policy paper and accompanying press release outlining a new approach to ensure regulators...
3/19/2025 8:24:57 PM The FCA’s review of private market valuation practices: what it means for firms By Emma Rachmaninov Christopher Bernard Jermaine Francis On 5 March 2025, the FCA published the findings from its multi-firm review of valuation processes for private market assets. In this blog...
3/13/2025 12:06:32 PM FCA publicity consultation: Back to where we started? By Lucy Clark The FCA yesterday announced that it will not be pursuing much of its controversial proposed policy on publicising investigations (which...
3/13/2025 10:14:12 AM D&I in Financial Services - FCA and PRA walk back diversity and inclusion rule reforms By David Mendel Sophie Cameron Amelia Lamp The chiefs of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have announced by letter that they are...
3/10/2025 11:35:17 AM FCA sets out supervision priorities for asset managers and alternatives firms By Emma Rachmaninov Elisabeth Overland Christopher Bernard Shuke Wen +1 more... Show less On 26 February 2025, the Financial Conduct Authority (FCA) published a portfolio letter addressed to CEOs of firms in the asset...
3/7/2025 10:20:31 PM Will you be directly supervised by AMLA? – Draft RTS on the selection of obliged entities for direct AMLA supervision published By Jan Struckmann Alicia Hildner A key pillar of the new European AML Package, which entered into force in 2024 (see our client briefing for an overview) was the...
3/7/2025 11:39:29 AM FCA review of ongoing advice services By Emma Rachmaninov Elisabeth Overland Sharon Tong Eden Elder +1 more... Show less On 24 February, the Financial Conduct Authority (FCA) published the findings from its review of ongoing advice services provided by 22 of...
2/26/2025 9:03:38 AM UK Publishes Financial Services Sector Threat Assessment for Financial Sanctions By Simon Orton Oliver Hamill Lucy Clark Eleanor Turner +1 more... Show less The UK’s Office of Financial Sanctions Implementation (OFSI) has published a financial services sector threat assessment, to help UK...