Compliance Monitor

The Government's talk of reforming the Financial Ombudsman Service is couched in baffling misconceptions that the latter acts as a "quasi-regulator" and a "drag on investment". Adam Samuel cuts through political jargon, along with legal and judicial illiteracy, to discuss a body that, for all its shortcomings, is genuinely "world leading".

The Government has tasked the Financial Conduct Authority with reviewing and streamlining its rules in order to "free up resources for businesses to innovate and to grow". Emma Radmore examines what changes are already happening or are under consultation, along with other initiatives we might expect from the regulator in the next year or so.

When the executive committee of Odey Asset Management sought to conduct a disciplinary process against the founder and owner, he wasn't having a bar of it. Denis O'Connor explores the events that led to a clash between a colourful industry figure and the regulator's interpretation of its conduct rules.

Financial and non-financial misconduct tend to walk hand-in-hand. Rob Mason explores the regulator's recent focus on behavioural wrongdoing in the industry, its impacts on culture, along with steps firms can take to address conduct risks.

The FCA is asking firms and other interested parties whether it should restrict the use of credit cards to buy most cryptoassets as part of the regulatory framework it will propose later this year.