Compliance Monitor

The FCA has joined with three other regulators "to tackle misleading advertising and inadequate information" from law firms and claims managers specialising in motor finance agreements.

The FCA's proposed redress scheme for motor finance agreements would cost an average per contract of £700 in compensation and an extra £233 to administer.

Europe's Corporate Sustainability Reporting Directive is not merely another regulatory burden; by elevating sustainability to the top levels of corporate governance, compliance can be integrated in ways that offer strategic value. Analysing reports of many of the region's largest companies, Mario Wernly and Johanna Tensi discuss what distinguishes the best reporters as well as the operational and business benefits.

The regulator has published proposals for 'Direct to Fund', an alternative means of dealing in authorised funds, through blockchain DLT (distributed ledger technology) which could be cheaper than traditional ways of running funds and offering them to the retail sector.

BlueCrest Capital Management have agreed a US$101 million redress arrangement with the Financial Conduct Authority and a public censure after a four-year dispute with the regulator which, in 2021, held it responsible for conflict of interest failings in the way it managed a retail fund.