New rules came into effect on 1 October 2021 and 1 January 2022. As an FCA-authorised firm, you will be familiar with these requirements (in particular those affecting your sales processes and if you act as a price-setting intermediary). We explain below how Gallagher Specialty intends to fu...
FCA Forex Trading Platform Forex Trading is a legal and tightly regulated activity in the UK, withFCA overseeing all operations to ensure compliance with the strictest rules of MiFID and ESMA. FCA-regulated Platforms or Brokers operating within the UK must abide by these regulations for a hassl...
October 25, 2024 Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have … ...
TheFinancial Conduct Authority(FCA) has fired a warning shot at the insurance industry today amid concerns firms are flouting its stringent consumer duty rules and failing to deliver value for customers. In a review of the sector published this morning, the City watchdog said scores of insurers ...
Asset managers split on approach to FCA’s unbundling rules Following theUK’s Financial Conduct Authority (FCA)confirming final rules, the likelihood is forless of a regulatory clash between the US, the EU and the UKgoing forward,according toSubstantive Research. ...
The UK’s Financial Conduct Authority (FCA) has issued finalised guidance for firms on how to treat vulnerable customers, completing work that began as far back as 2013 and firming up the draft guidance issued to firms in July 2019.
The update sets out the FCAs key findings on the assessment of fair value for cash savings firms under the Consumer Duty. We have looked at these examples of good and poor practice that the FCA has drawn out in our client note [link] on the fair value good an...
The Bank of England (the Bank) and Financial Conduct Authority (FCA) (collectively the ‘regulators’) are consulting on their proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is an initiative run by the regulators that will help facilitate the adoption of innovative ...
The Financial Conduct Authority (FCA) has published Policy Statement (PS) 23/16 ‘Sustainability Disclosure Requirements (SDR) and investment labels’ which contains the FCA’s final rules and guidance to improve trust and transparency to the market for sustainable investment...
On18 September 2024the Financial Conduct Authority (FCA) released itsinsightsfrom the first year of implementation of the Consumer Duty, specifically in relation to theprice and value outcome. The overarching theme from the FCA feedback is that price is not the only...