02 Dec, 2024 Regulating cryptoassets in the UK: a guide to the road ahead By Cyrus Pocha Claire Harrop Christopher Bernard Finally! Avid readers of Freshfields blogs might remember from our post last autumn that the UK government and financial regulators in...
25 Nov, 2024 The FCA/FOS Consultation – “Modernising the Redress System” A Chance for Reform? By Christopher Robinson Jack Helyar Sharon Tong At a Glance On 15 November 2024, the FCA and FOS jointly published a call for input as to how the FOS might improve its redress...
21 Nov, 2024 When is it Wise to report non work-related conduct issues to the UK FCA? By Ali Sallaway Christopher Robinson Sophie Horton A recent UK FCA decision highlights the FCA’s expectation that, in certain circumstances, issues relating to the conduct of senior...
13 Nov, 2024 FCA reviews implementation of Consumer Duty in payments firms By Anthea Bowater Olivia Archibald Last month, the Financial Conduct Authority (FCA) published its key findings from a review of 23 payments firms’ implementation of the...
29 Oct, 2024 FCA takes further steps to crackdown on “finfluencers” following issuing guidance regarding financial promotions on social media By Emma Probyn Christine Simpson Abisha Bastian Georgia Onslow +1 more... Show less On 22 October 2024, the FCA announced that 20 social media “finfluencers” are being interviewed under caution under its criminal powers....
25 Sep, 2024 FCA's further report on de-banking focuses on the Consumer Duty By Sharon Tong Anthea Bowater The FCA has published its follow-up report on “UK Payment Accounts Access and Closures: Update” (the Update Report). In its last report,...
18 Sep, 2024 Stop that payment! FCA guidance on delaying payments suspected to be APP fraud By Emma Probyn Christine Simpson Christopher Chan Abisha Bastian +1 more... Show less On 9 September 2024, the FCA launched a Consultation in which it proposes changes to its guidance to payment service providers (PSPs)....
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...
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...
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...