Tue, Feb 15, 2022

Regulatory Focus - January 2022

In this edition of Regulatory Focus, Kroll's compliance experts round up key news and publications from the FCA during November 2021, December 2021 and January 2022.

FCA Key Topics

  • Changes to LIBOR from end of 2021
  • Highlights of the FCA’s new approach in 2021
  • FCA published policy statements on climate related disclosures

FCA Updates – December

  • FCA confirms new listing rules to boost growth and innovation on UK stock markets
  • 2021 joint survey findings published by the FCA and practitioner panel
  • FCA introduces a new consumer duty
  • Bank fined for anti-money laundering failures
  • Statement on supervision of commodity derivatives position limits
  • FCA extends temporary measures for 10% depreciation notifications
  • FCA publishes decision notice against hedge funds

FCA Updates – November

  • FCA recognizes revised FX global code and the global precious metals code
  • FCA enters examination stage in the registration of first UK securitization repositories
  • PS21/17: a new UK prudential regime for MiFID investment firms 
  • FCA sets out fees proposals for 2022/23

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