Clearinghouses left in the lurch as financial industry buckles up for a ‘no equivalence’ scenario
Trading & brokering

Clearinghouses left in the lurch as financial industry buckles up for a ‘no equivalence’ scenario

2m | By Anna Brunetti, Banking Editor

Clearinghouses left in the lurch as financial indu...

The impact of a no-equivalence scenario on central counterparties (CCPs) would be disastrous for both the EU and the UK, leading market representative...

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Decoupling from the EU: the new UK Investment Firm Prudential Regime
Asset management

Decoupling from the EU: the new UK Investment Firm Prudential Regime

3m | By Attilio Veneziano, Contributing Columnist

Decoupling from the EU: the new UK Investment Firm...

The Investment Firm Directive and Regulation (IFD and IFR), embodying the new prudential, capital and liquidity requirements regime for European inves...

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Moving one more step away from the EU, the FCA opts for global standards on climate-related disclosures
Asset management

Moving one more step away from the EU, the FCA opts for global standards on climate-related disclosures

5m | By Attilio Veneziano, Contributing Columnist

Moving one more step away from the EU, the FCA opt...

From advocating a more proportional approach in the application of Mifid to smaller firms, to an ill-concealed criticism of the EU’s already infamous ...

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FCA, CFTC: More post-pandemic coordination needed on financial sector standards
Banking

FCA, CFTC: More post-pandemic coordination needed on financial sector standards

6m | By Jeremy Chan, Journalist

FCA, CFTC: More post-pandemic coordination needed ...

Regulators from Europe, the US and Japan called for stronger and faster cooperation on key aspects of global financial sector standards. Directors fro...

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FCA crackdown on high-risk retail investment products
Trading & brokering

FCA crackdown on high-risk retail investment products

7m | By Tom Lemmon, Reporter

FCA crackdown on high-risk retail investment produ...

The UK’s Financial Conduct Authority (FCA) is stepping up its efforts to protect retail investors by  encouraging caution around “inappropriate high-r...

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FCA targets climate risk
Treasury

FCA targets climate risk

1y |

FCA targets climate risk

An initiative of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the Climate Financial Risk Forum (CFRF) comprise...

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FCA stokes confusion surrounding safeguarding practices
Trading & brokering

FCA stokes confusion surrounding safeguarding practices

2y | By Emma Olsson, Reporter

FCA stokes confusion surrounding safeguarding prac...

The UK’s Financial Conduct Authority (FCA) is unclear on guidance to safeguard customers’ funds, says Bob Lyddon, chairman of the Associat...

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FCA’s Fox: UK regulators to request detailed data from market on Libor transition
Insurance

FCA’s Fox: UK regulators to request detailed data from market on Libor transition

2y | By Rebekah Tunstead, Reporter

FCA’s Fox: UK regulators to request detailed data ...

The Bank of England and Financial Conduct Authority (FCA) are set to move beyond large institutions to a wider scope of market participants with a req...

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FCA: Regtechs must be realistic about their capabilities
Banking

FCA: Regtechs must be realistic about their capabilities

3y | By Rebekah Tunstead, Reporter

FCA: Regtechs must be realistic about their capabi...

Regtech organisations need to be honest about their capabilities, according to Nick Cook, head of regtech and advanced analytics at the UK's ...

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BofE & FCA call for urgent report of FI cyber risk
Insurance

BofE & FCA call for urgent report of FI cyber risk

3y | By Rebekah Tunstead, Reporter

BofE & FCA call for urgent report of FI cyber risk

British banks, clearing houses, and payments systems have been asked by the UK’s Bank of England (BoE) and Financial Conduct Authority (FCA) to ...

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FCA and CMA release UK bank scores in line with Open Banking
Banking

FCA and CMA release UK bank scores in line with Open Banking

3y | By David Beach, Reporter

FCA and CMA release UK bank scores in line with Op...

  The UK's Financial Conduct Authority (FCA) and Competition & Markets Authority (CMA) has released data on quality of service for t...

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FCA’s Cook hopes to embrace machine learning
Banking

FCA’s Cook hopes to embrace machine learning

4y | By David Beach, Reporter

FCA’s Cook hopes to embrace machine learning

On the sidelines of Money20/20, held in Amsterdam this week, bobsguide caught up with Nick Cook, head of regtech and advanced analytics at the UK&rsqu...

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Enforcing 'Chinese Walls' in Financial Institutions
Insurance

Enforcing 'Chinese Walls' in Financial Institutions

5y | By James Somerville-Smith, EMEA channel marketing leader

Enforcing 'Chinese Walls' in Financial Institution...

In February 2016, a UK stockbroker was fined £1.2m by the FCA for its weak and ineffective Chinese wall, which was supposedly separating the pub...

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Banks still have lessons to learn from rate-rigging scandals, warns FCA
Banking

Banks still have lessons to learn from rate-rigging scandals, warns FCA

6y | By Nicole Miskelly, Editor

Banks still have lessons to learn from rate-riggin...

This week, the Financial Conduct Authority (FCA) warned that banks still have not applied the lessons learned from rate-rigging scandals, such as Libo...

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