Notifying breaches of the Conduct Rules
Even with all the deferrals of deadlines around implementation of the SMCR as a result of COVID, firms should now
Conduct
Update on SMR and CF (AR) applications
The FCA has published an update on the timescales and delays currently being experienced by firms that submit application for
Anti Money Laundering Review …… Dear CEO – Banking Sector
The Financial Conduct Authority (FCA), in May 2021, issued a Dear CEO letter entitled “Action needed in response to common
Regulatory Change – Proposed Changes to the Normal Minimum Pension Age
We have made a change to ATEB Suitability following a recent regulatory development. What does this mean for
Recording client meetings
Since MiFIDII came into effect in 2018, it has been a requirement on firms to take reasonable steps to record
Fund managers falling short on assessing the value of their funds
One of the issues identified in the FCA’s Asset Management Market Study was a lack of competition among fund providers
Cryptocurrency prohibition
It is likely that all our readers have heard of cryptocurrency, probably in the guise of Bitcoin. This cryptocurrency and
FCA expectations – temporary long term absence
Following consultation in CP20/23, which was published in December 2020, the FCA has made changes to the Handbook.
Extension of Annual Financial Crime Reporting Obligations
Policy Statement PS21/4 summarises the FCA’s proposals to increase the number of firms (by circa 4500) who need to submit
Papers galore!
It has been a busy month for papers and publications at the FCA. These include: New
1 2