Tue, Jan 29, 2019

Regulatory Focus - January 2019

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In this edition of Regulatory Focus, the experts in Duff & Phelps’ UK Compliance and Regulatory Consulting team, provide a detailed synopsis of the latest news and publications issued by the Financial Conduct Authority during December 2018.

Highlights include:

  • An update on Brexit, including the Financial Services Contracts Regime draft legislation and the FCA’s statement on Gibraltar
  • Proposal to ban the sale, marketing and distribution of binary options and to restrict the sale, marketing and distribution of contracts for difference “CFDs”
  • The FCA’s to the Competition and Markets Authority (CMA) publishing their final report and remedies for its market investigation of investment consultancy and fiduciary management services.
  • The joint statement of the PRA and FCA setting out the way in which firms must make information regarding private secularizations available to their UK competent authorities.
  • Recent enforcement actions 

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