The UK Financial Conduct Authority (FCA) is expanding the reach of its Code of Conduct (COCON) for non-bank firms and consulting on new guidance related to non-financial misconduct, with changes taking effect from September 2026 that will align requirements more closely with those already applicable to banks.
Continue Reading UK FCA Expands the Reach of COCON and Consults on Non-Financial Misconduct
The FCA has initiated significant engagement with the private funds sector, akin to its 2013 AIFMD implementation efforts. In 2025, it plans to streamline UK regulatory requirements for fund managers and review conflict of interest management, focusing on governance and investor protections.
Continue Reading FCA Review of Private Fund Market Valuation Practices
On 2 October 2024, the FCA issued a final notice announcing it had fined digital challenger bank Starling Bank Limited £28,959,426 for financial crime and
Continue Reading UK Enforcement Agencies Crack Down on Financial Crime Control Failures, Sanctions Violations
The UK Financial Conduct Authority (FCA) has proposed significant changes to the safeguarding requirements for UK registered payments and e-money firms (CP24/20). The FCA’s goal
Continue Reading UK FCA Proposes Changes to Safeguarding Regime for Payments and E-Money Firms
This 5 Trends piece covers non-financial misconduct, the Senior Managers and Certification Regime, FCA investigations and Upper Tribunal proceedings, motor finance, and FCA Sustainability Disclosure Requirements.
Continue Reading 5 Trends to Watch: 2024 UK Financial Services Regulation
The UK’s Financial Conduct Authority (FCA) released a Discussion Paper (DP23/2: Updating and improving the UK regime for asset management) in February 2023
Continue Reading Updating and Improving the UK Asset Management Regime: An FCA Discussion Paper
1. Non-financial misconduct – FCA guidance expected
It is anticipated that in 2023 the Financial Conduct Authority (FCA) will provide further guidance on the increasingly
Continue Reading 5 Trends to Watch: 2023 UK Contentious Financial Regulation
The UK Appointed Representative Regime (ARR) enables certain businesses – Appointed Representatives (ARs) – to conduct UK-regulated activities without having to be authorised by the
Continue Reading FCA Publishes Final Rules for Reform of the Appointed Representative Sector
The Financial Conduct Authority’s (FCA) work at the intersection of Environmental, Social and Governance (ESG) concerns and UK financial services forms part of a wider
Continue Reading ESG in UK Financial Services: The Current State of Play
In December 2021, the UK Financial Conduct Authority (FCA) published a consultation to set a higher standard of consumer protection in retail financial markets, an
Continue Reading FCA Takes Next Step Towards a UK Consumer Duty: An Update for Regulated Businesses