Latest Articles

In this month's summary of key compliance stories from around the globe, Martin Mitchell looks at some of the regulatory and compliance headlines, including; UK FCA approves listing rules overhaul, Bill Hwang found guilty of fraud and market manipulation, FCA...

The FCA recently published findings of its review on how effectively firms are following its 2017 Guidance on the treatment of Politically Exposed Persons (PEPs). The review findings are significant for financial firms dealing with PEPs and at a minimum,...

On 26th June, the FCA published its “Insurance multi-firm review of outcomes monitoring under the Consumer Duty”. In this article, Nigel Sydenham outlines some of the key takeaways from this review, including the FCA’s expectations regarding outcomes monitoring and how...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; UK and US to co-operate on AI testing, Ajax suspends CEO over insider trading, EY accused of asset stripping, but gets a bit of a break...

In this month's summary of key compliance stories from around the globe, Martin Mitchell looks at some of the regulatory and compliance headlines, including; UK FCA set to approve IPO overhaul, Hedge fund made $760k profit after call with banker,...

As we approach the first anniversary of the Consumer Duty, the FCA’s message has been clear – implementation of the Duty is not a ‘once and done’ exercise, rather firms need to be improving continuously. While you may feel positive...

In this month's summary of key compliance stories from around the globe, Martin Mitchell looks at some of the regulatory and compliance headlines, including; Carer and assistant to crypto supervillain sentenced to more than six years for money laundering, Political...

In November 2023, the UK FCA confirmed that it would be introducing various measures relating to sustainability disclosures, including a new set of labels for investment funds, as well as a new ‘Anti-Greenwashing’ (AGW) Rule. The AGW rule is the...

The Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent on 26th October 2023. A proportion of the Act, mainly that relating to Companies House, came into effect on 4th March 2024. In this article, Bruce Viney discusses what...

In this month's summary of key compliance stories from around the globe, Martin Mitchell looks at some of the regulatory and compliance headlines, including; Opposition mounts over FCA’s “name and shame” plans, FOS “debanking” complaints up 44%, BoE warns banks...

On 5th March 2024, the FCA issued a ‘Dear CEO’ letter to Annex 1 firms (i.e. firms that are supervised by the FCA for AML/CTF purposes only) which reiterated the importance of the ‘…fight against financial crime…’. It also sets...

In this month's summary of key compliance stories from around the globe, Martin Mitchell looks at some of the regulatory and compliance headlines, including; FCA sets out its priorities for 2024/25, FCA announces investigation into super-complaint re personal guarantees, US...