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FCA to run more post-authorisation checks as part of transformation plan
By Neasa MacErlean
Online Published Date:
04 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Firms get to grips with compliance by focusing on failure points, says Enforcement head
By Neasa MacErlean
Online Published Date:
04 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Regulator considers requiring pension providers to offer to book Pension Wise appointments for consumers
By Neasa MacErlean
Online Published Date:
05 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
New frontiers in Risk and Compliance
Technologyis revolutionising the financial sector and in the coming years will furthertransform its operations. How are regulators and compliance professionalskeeping abreast? By David Povey and Janet Adams.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Regulators push for greater diversity in financial services staff
Diversity and inclusion are regulatory issues, the Financial Conduct Authority has affirmed, and will be “mainstreamed” into all its processes. Neasa MacErlean explores why diversity is important for financial services firms and what’s coming down the pipeline.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Adams v Options UK – the Court of Appeal reaches the right answer
Overturning a High Court decision, theappellate court has ruled for a victim of ‘pensionliberation’ who invested in (now probably worthless) storage facility leasesheld within a SIPP. The case turned around whether the SIPP contract was madedue to regulated activity by an unauthorised third party, reports Adam Samuel.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Financial Services Act tackles plethora of hot topics
Both core elements of the UnitedKingdom’s post-Brexit framework as well as some more political areas of concernare addressed in this wide-ranging piece of legislation. Emma Radmoreand Lucy Hadrill discuss debates and changes from the Bill asoriginally published.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Accounting for the LIBOR transition
One of the many components of the LIBOR transition is the assessment of contracts, which could require modification or renewal. If so, the potential impact on financial reporting needs to be considered, explains Marcus Morton.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Efficacy of staff surveys for measuring culture questioned
New research published by the Bank of England finds that surveys used by firms to assess their culture are unreliable, as well as that banking culture has not improved overall in recent years. An alternative methodology for gauging culture is suggested, reports Denis O’Connor.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
Fintech review calls for coordinated strategy
The Kalifa Review of the UK’s fintech industry identifies priority areas of focus and proposes a new Digital Economy Taskforce to deliver the approach. Charlotte Hill andKatie Fry-Paulreport on policy and regulation aspects.
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
FCA fines broker as investigations develop into cum-ex trading schemes
By Neasa MacErlean
Online Published Date:
06 May 2021
Appeared in issue:
Vol 33 No 8 - 15 April 2021
FCA proposes rules for open-ended long-term asset funds
By Neasa MacErlean
Online Published Date:
08 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
Firms would need to act in ‘best interest of retail clients’ under Consumer Duty
By Neasa MacErlean
Online Published Date:
17 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
CMCs to be stopped from making ‘phoenix’ claims when connected firms fail
By Neasa MacErlean
Online Published Date:
17 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
Benchmark-users asked for feedback on FCA powers over winding down of LIBOR
By Neasa MacErlean
Online Published Date:
21 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
Firms conducting schemes of arrangement urged to read High Court decision on Amigo
By Neasa MacErlean
Online Published Date:
26 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
Bans continue against Cypriot firms selling CFDs to UK investors
By Neasa MacErlean
Online Published Date:
26 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021
Homeworking leads to decline in whistleblowing to FCA
The move to homeworking ushered in by the Covid-19 pandemic appears to have led to a slump in whistleblowing, research suggests. Data from the Financial Conduct Authority, obtained by Kroll under the Freedom of Information Act, reveals a regression..
Online Published Date:
27 May 2021
Appeared in issue:
Vol 33 No 9 - 08 May 2021