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November Monthly Regulation Update
By Kyte Ekstrom | AML, Consumer Credit, Credit Lenders, Crypto-Assests, E Money, FCA Regulation, FinTech, Insurance Broker, Investment Advisor, Uncategorized | 0 Comments
T’is the season to be compliant! Each month we publish the latest regulation updates and industry news. Our monthly regulation update covers only the salient points – it’s the gift that keeps on giving! General Regulation– HM Treasury Publishes Supervision Report 2019/20 – AML and CTF– Speech by Economic Secretary – New Directions for the Future of UK […]
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September Monthly Regulatory Update
By Kyte Ekstrom | Compliance, Crypto-Assests, FCA Regulation, FinTech, Investment, Investment Advisor, Investment Funds, News, Sustainable Investing, Uncategorized, Variation of Permission | 0 Comments
General TheCityUK Publishes Report Setting out Regulatory Strategy – Making the UK the Leading Global Financial Centre The report outlines an international strategy for the UK-based financial and related professional services industry. The aim is to make the UK the world’s leading international financial centre within five years. TheCityUK’s strategy takes a three-pronged approach, focusing on: […]
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Navigating the AML Minefield
By Simon Hill | Uncategorized | 0 Comments
The legal and regulatory landscape for a firm’s compliance with anti-money laundering and counter-terrorist financing can be a little daunting, to say the least. Between the various associations publishing guidelines and recommendations, and the lack of prescriptive requirements in legislation, it is not too difficult to see why this is an area where many firms […]
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FCA Consultation Paper Proposing Changes to SCA-RTS and guidance for Payment Services and Electronic Money
By Kyte Ekstrom | E Money, FCA Regulation, FinTech, News, Uncategorized | 0 Comments
If you are thinking what the hell is an SCA or a RTS, and do I really need to care or read this? The answer is, on this rollercoaster ride through the horror hall of Covid-19 and the ever changing landscape of fintech, with fraudsters waiting in the shadows to jump out at anytime, can […]
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January Monthly Regulatory Highlights
By Kyte Ekstrom | AML, Brexit, communications, Compliance, Consumer Credit, Credit Brokers, Credit Lenders, E Money, FCA Regulation, FinTech, Insurance, Investment, Investment Advisor, Investment Manager, News, Uncategorized | 0 Comments
Don’t have time, or the will, to trawl through endless websites reading long articles about financial news and regulation. We’ve got you covered with our Monthly Regulatory Highlights – snippets of the past months regulatory news and updates (along with links to corresponding webpages and press-releases) – saving you time and making it easy for […]
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The Supreme Court Ruling for FCA Business Interruption Insurance Cases
By Kyte Ekstrom | Compliance, Financial Industries, FinTech, Insurance, News, Uncategorized | 0 Comments
If, like most insurance brokers, advisors and policyholders, you’ve been waiting with bated breath to find out the outcome of the business interruption insurance appeal. The wait is finally over. Depending on your perspective, you can either, finally take a sigh of relief, or exhale in exasperation as you read on. The Supreme Court handed […]
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November Regulatory Update
By Simon Hill | Uncategorized | 0 Comments
FCA seeks views on change and innovation in the unsecured credit market as part of the Woolard Review – 2 November 2020 The FCA has published a Call for Input on change and innovation in the unsecured credit market as part of a review that considers how regulation can better support a healthy, unsecured lending […]
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October Regulatory Update
By Simon Hill | Uncategorized | 0 Comments
FCA publishes perimeter report 2019/20 – 29 September 2020 The FCA has published its second annual perimeter report, which determines which activities require authorisation and what level of protection consumers can expect for the financial services and products they purchase. The report aims to provide clarity to stakeholders on the FCA’s role and sets out […]
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September Regulatory Update
By Simon Hill | Uncategorized | 0 Comments
FCA publishes new webpage on Digital Sandbox – 2 September 2020 The FCA has published a new webpage containing information about the FCA DataSprint, a three week event held in July and August 2020 which brought together a wide range of participants from regulated firms, start-ups, academia, professional services and others. Participants collaborated on developing […]
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August Regulatory Update
By Simon Hill | Uncategorized | 0 Comments
FCA updates Handling of Complaints statement for firms – 31 July 2020 The FCA has published an updated version of the statement it originally published in May, to clarify its position on complaints handling during the Covid-19 pandemic. The regulator clarifies its position regarding: Complaint handling capacity and priorities Vulnerable consumers Maintaining the quality of […]
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