Fri, Nov 19, 2021

Regulatory Focus - November 2021

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

FCA Key Topics – October – November 2021

Read more about the key topics on the FCA’s agenda during the past month which includes:

  • FCA discussion paper on SDR and investment labels 
  • Six weeks to go – new prudential rules for MiFID firms
  • FCA’s finalized rules for a new authorized long-term asset fund

FCA Updates – October 2021

Areas covered:

  • Greening the Financial system – The Government’s roadmap
  • FCA to move faster to remove unused firm permissions
  • Modernizing the Listing Regime – Clare Cole Speech
  • FCA Speech on seizing opportunity, challenges and priorities 
  • Update on the orderly wind-down of LIBOR at the end of 2021 
  • LIBOR update for orderly wind-down at the end of 2021
  • A bank fined £147mn and undertakes to the FCA to forgive $200mn debt
  • Bank pleads guilty in criminal proceedings
  • Charles Randall to step down as FCA and PSR Chair in Spring 2022
  • Joint statement by the FCA, PRA, TPR and FRC on the publication of Climate Change Adaptation Reports
  • The CFRF published guides on managing climate-related financial risks

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