The UK Financial Conduct Authority’s new rules and guidance on non-financial misconduct will take effect on 1 September 2026. This is an important development for firms subject to these new provisions, namely firms subject to the Senior Managers and Certification Regime. This GT London blog post outlines three strategies firms may wish to consider ahead of September.
Continue Reading Non‑Financial Misconduct Under the UK FCA’s New Regime
In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.”
Continue Reading UK FCA Letter Expresses Concerns About Fund Service Providers
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
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 UK Payment Systems Regulator (PSR) has published its first formal five-year strategy. The Strategy centres on four priorities: 1) access to and choice of
Continue Reading The UK Payment Systems Regulator’s First Five-Year Strategy Plan
Welcome to the third issue of Greenberg Traurig’s LIBOR Transition Newsletter, where we provide updates, analysis, and occasional commentary on the latest developments relating to
Continue Reading LIBOR Transition Newsletter – Issue 3
Figures provided by the UK’s Financial Conduct Authority (FCA) show that in spite of the thousands of tip-offs on insider dealing it receives from banks
Continue Reading FCA Receives Thousands of Insider Dealing Tip-Offs From Financial Services Firms; Few Investigations Opened