For a long time, both the PRA and FCA have recognised that climate change is a potential material financial risk to regulated firms. On...
Freshfields Risk & Compliance
/Passle/5832ca6d3d94760e8057a1b6/SearchServiceImages/2025-05-28-09-15-19-069-6836d427e2281fcd8fcf9c60.jpg)
After almost a year working its way through Parliament, the Bank Resolution (Recapitalisation) Act 2025 received Royal Assent on 15 May...
The FCA has introduced a “joint payment” option for research and execution services for UK fund managers. This is intended to address...
The UK Government has saddled up to bring order to what it terms the “wild-west” of Buy Now Pay Later (BNPL). For years, BNPL has...
On 24 April 2025, the FCA released a consultation paper CP 25/10 on the definition of capital for FCA investment firms. The FCA says it...
On 29 April 2025, HM Treasury published a draft statutory instrument in near-final form which will introduce a regulatory regime for...
/Passle/5832ca6d3d94760e8057a1b6/SearchServiceImages/2025-05-05-14-25-50-363-6818ca6ec30d0faf8aee1c3d.jpg)
In Part I, we analysed the reasons why economic sanctions, export controls, and associated investigation risks should be prioritised by...
The future for alternative investment fund managers (AIFMs) in the UK became a little bit clearer on 7 April 2025 when HM Treasury...
In its first enforcement decision relating to a Recognised Investment Exchange, the FCA has published a final notice and imposed a...
On 25 March 2025, the FCA published its new strategy for the next five years, with the stated goals of “deepening trust, rebalancing...
Open banking promises to unlock innovation and empower customers by enabling financial information to be shared between traditional banks...
/Passle/5832ca6d3d94760e8057a1b6/SearchServiceImages/2025-03-28-12-35-55-467-67e697ab003ed219308d8d59.jpg)
One oft-criticised feature of the UK financial services regime is the complexity and the volume of the FCA’s handbook of rules and...