Thu, May 6, 2021
Regulation for a Different World
Executive Summary
Executive Summary
May 06, 2021
When Do Senior Managers Have to Be Certified and Reported as Directory Persons?
When Do Senior Managers Have to Be Certified and Reported as Directory Persons?
Jul 23, 2021
FCA Changes Process for Firms Wishing to Change Their Legal Status
FCA Changes Process for Firms Wishing to Change Their Legal Status
Jul 23, 2021
Fake Emails Purporting to Come from the FCA
Fake Emails Purporting to Come from the FCA
Jul 23, 2021
Second Consultation on New Prudential Regime for UK Investment Firms
Second Consultation on New Prudential Regime for UK Investment Firms
Apr 19, 2021
Levelling the Playing Field: Innovation in the Service of Consumers and the Market
Levelling the Playing Field: Innovation in the Service of Consumers and the Market
Apr 20, 2021
Compliance, Culture and Evolving Regulatory Expectations
Compliance, Culture and Evolving Regulatory Expectations
Mar 31, 2021
Changes to UK MiFID’s Conduct and Organizational Requirements
Changes to UK MiFID’s Conduct and Organizational Requirements
Apr 28, 2021
The FCA and Practitioner Panel Joint Survey for 2021 Launches
The FCA and Practitioner Panel Joint Survey for 2021 Launches
Apr 30, 2021
Regulation for a Different World
Regulation for a Different World
May 06, 2021
FCA Fines Firm for Serious Financial Crime-Control
FCA Fines Firm for Serious Financial Crime-Control
May 06, 2021
Financial Services Regulatory Initiatives Grid
Financial Services Regulatory Initiatives Grid
May 07, 2021
FCA Launches Consultation on Long-term Asset Fund (LTAF)
FCA Launches Consultation on Long-term Asset Fund (LTAF)
May 07, 2021
FCA and Bank of England Statement on LIBOR Transition
FCA and Bank of England Statement on LIBOR Transition
May 13, 2021
The Rise in Scams and the Threat to a Legitimate Financial Services Industry
The Rise in Scams and the Threat to a Legitimate Financial Services Industry
May 18, 2021
All Reporting Firms Moved to FCA's New Data Collection Platform Regdata
All Reporting Firms Moved to FCA's New Data Collection Platform Regdata
May 19, 2021
FCA Publishes a Consultation Paper on the Use of Its New Powers
FCA Publishes a Consultation Paper on the Use of Its New Powers
May 20, 2021
Man Charged for Carrying Out Regulated Activities Without Authorization
Man Charged for Carrying Out Regulated Activities Without Authorization
May 20, 2021
Firms Should Ensure That Permissions Are Reviewed Regularly
Firms Should Ensure That Permissions Are Reviewed Regularly
Jul 23, 2021
- View all articles
Nikhil Rathi, CEO of the FCA, delivered a speech on the UK post-Brexit regulatory landscape.
The main points from the speech were as follows:
- The FCA will continue to be a regulator that supports open, competitive markets with a focus on innovation.
- The regulator’s oversight of overseas firms will continue to seek to achieve the same high standards of conduct and behavior as their regulation of domestic firms, and they will look to ensure a level playing field.
- International regulatory cooperation with other supervisors and global standard-setting bodies is of the utmost importance to the regulator. Working towards the same outcomes as other regulators will allow the FCA to defer to other regulators and avoid duplication of regulatory requirements.
- The FCA recognizes the increased flexibility that is available to the UK following Brexit and will use this opportunity for the benefit of UK financial markets and consumers.
- Other key areas of focus in international regulation at the current time include ESG and sustainability, as well as tackling financial crime.
- The FCA will expand on its aims and detail next steps in July when it publishes its business plan.
The speech can be read in full here.
Financial Services Compliance and Regulation
Financial Services Compliance and Regulation
End-to-end governance, advisory and monitorship solutions to detect, mitigate, drive efficiencies and remediate operational, legal, compliance and regulatory risk.
UK Compliance Services
UK Compliance Services
Comprehensive compliance and regulatory support for FCA authorized firms.
European Compliance Services
European Compliance Services
Comprehensive compliance and regulatory support for EU firms.