Regulatory Focus – October 2021

FCA Key Topics – September - October 2021

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

• Update on the FCA’s new prudential regime
• The FCA and the Bank of England’s new quoting conventions
• The FCA’s proposes streamlined decision-making process

FCA Updates – September - October 2021

Areas covered:

• Man sentenced to over five years imprisonment for money laundering
• IFA banned from working in financial services
• Individual sentenced to 28 months imprisonment from forging a trust deed

FCA Updates – July - August 2021

Areas covered:

• FCA statement on supervision of commodity position limits
• Joint Bank of England and FCA review of open-ended investment funds
• FCA published Annual report and accounts 2020/2021
• Regulatory Hosted Solution Update
• Transforming to a forward-looking, proactive regulator
• Information for firms using exemptions from the financial promotions order
• FCA secures conditional resolution of proceedings against an investment scheme
• FCA enforcement: Individual charged with one offence of money laundering
• Four year sentencing for fraudulent trading and providing financial services without FCA authorization
• FCA publishes final rules to strengthen investor protections in special acquisition companies (SPACs)
• FCA consults on proposals to boost disclosure of diversity on listed company boards and executive committees
• Enforcement: Court of appeal upholds findings of breaches against firm
• FCA stops firms from offering contracts for differences (CFDs) to UK customers
• Third consultation on new prudential regime for UK investment firms
• Unlawful CFD forex trading promotion results in bankruptcy order
• Firms reminded about potential financial crime risks linked to Afghanistan