What do Smith & Williamson, Fidelity and Rothschild have in common? Apart from all being well known within financial services as investment providers, the answer is all three were recently cloned. […]
How seriously are financial services firms taking climate change risks? Recent signs suggest that for those not placing them as a high priority, could well see regulatory trouble ahead. Gaining an understanding into how climate [...]
Many organizations’ enterprise risk management capabilities aren’t as integrated as they need to be, leaving them vulnerable to legal, financial, regulatory, and reputational risks. This is just one of many key findings in a new [...]
The Financial Conduct Authority has issued potential guidelines and a consultation on one of its highest priorities – the recognition and fair treatment of so-called vulnerable customers. The regulator is requesting industry feedback to some [...]
Anyone who believes the Financial Conduct Authority was treading water in terms of its approach to enforcement should think again. The regulator has issued some swingeing penalties and in the [...]
In recent weeks, two multi-nationals have felt the might of the General Data Protection Regulation (GDPR), as regulators across Europe show they mean business when it comes to imposing large fines and taking tough enforcement [...]
Forthcoming legislation is set to create a new property register to reveal the identities of overseas owners, which is likely to be an unwelcome development for money launderers. The Overseas Entities Bill should act as [...]
Memories of the financial crisis have yet to fade and it is clear today’s regulators are taking a more robust approach than they used to. Their resolve can be seen most apparent in the high-profile [...]
Facebook’s plans to launch Libra, a global crypto-currency, and a stable coin, is the talk of the regulatory world. But will it be a force for good or could it destabilize financial services and result [...]
The recent collapse of London Capital & Finance (LCF) acts as a sharp reminder that, where investments are concerned, there needs to be absolute clarity as to the nature of what is being sold as [...]
Very soon many of the organizations supervised by the FCA will have to conform to the Senior Managers and Certification Regime (SMCR). As many people know the SMCR already applies to UK banks, building societies, [...]
The FCA are due to release further guidelines, in the coming months, in regards to identifying vulnerable customers. It’s vital that firms do their best to identify those who may need additional support and the [...]
