18 Mar, 2024 UK AIFMD reforms: further divergence from the EU and a potential relaxation to smaller full scope AIFM requirements By Harriet Miller Gavin Haran On 1 March 2024, the FCA published a letter to CEOs of asset managers and alternatives firms, outlining its supervisory and regulatory...
13 Mar, 2024 UK EMIR – draft Q&As on reporting By William Sykes Robert Daniell Edward Karsten Background The Financial Conduct Authority (FCA) and the Bank of England (BoE) previously published Policy Statement (PS23/2) setting out...
07 Mar, 2024 FCA concludes its wholesale data market study By Emma Radcliffe Greg Dowell On 29 February 2024 the FCA published its final report on its market study into the supply of wholesale financial data in the UK. The...
06 Mar, 2024 Anti-financial crime controls: the FCA issues a call for action By Lorna Emson Max Hobbs Helen Harvey The Financial Conduct Authority (FCA) wrote a letter on 5 March 2024 to the Chief Executive Officers (CEOs) of “Annex 1” firms. These are...
05 Mar, 2024 Major changes proposed for FCA enforcement regime By Laura Bridgewater Dan Lavender Madeleine Brown The FCA has launched a consultation on changes to its enforcement regime. If enacted, this will be the biggest shake up of the...
04 Mar, 2024 New powers for Companies House By Lorna Emson Helen Harvey Lara Gardiner In an effort to fight economic crime and make it easier to hold corporates to account, the Economic Crime and Corporate Transparency Act...
29 Feb, 2024 The Investment Association signals increased flexibility on UK executive remuneration By Rasmus Berglund On 23 February 2024, the Investment Association (the IA) issued a letter to the FTSE 350 Remuneration Committee Chairs. The letter looks...
29 Feb, 2024 High Court denies director's bid to stay in office after cartel disqualification By Cameron Firth Charlie Critchley The High Court has refused an application by a director to remain in post after being disqualified by the CMA for his role in an illegal...
28 Feb, 2024 Access all areas? Proposed changes to non-party access to court documents By Fred Snowball Concobhar Jolliffe-Grimes The Civil Procedure Rule Committee (CPRC) has launched a consultation on expanding the types of document that non-parties can obtain from...
16 Feb, 2024 PRA unveils its new early settlement scheme – what might the likely impact be and should we expect similar for FCA Enforcement? By Laura Bridgewater Olivia Pearson Madeleine Brown The Bank of England (Bank) recently published its new policy statement, PS1/24 – The Bank of England's approach to enforcement, on the...
15 Feb, 2024 FCA update on reducing and preventing financial crime: what you need to know By Lorna Emson Helen Harvey Francis Bond Alex Taylor +1 more... Show less The Financial Conduct Authority (FCA) has published an update on its three-year strategy to reduce and prevent financial crime. The...
14 Feb, 2024 How many NDAs have you signed? FCA approaches insurers and intermediaries as first recipients of its Non-Financial Misconduct Survey By Lorna Emson Madeleine Brown Olivia Pearson The FCA has this week issued a notice to insurers and insurance intermediaries compelling them to provide it with data about...
14 Feb, 2024 EU-niversal due diligence: the saga continues By Richard Fletcher Ryan Moore Jack Lewis ESMA gave the securitisation industry an early Christmas present on 21 December 2023 by publishing a consultation paper, Consultation on...
12 Feb, 2024 Fake cases and real consequences: the risks of relying on AI in litigation By Jackelyn West Oliver Jeffcott Blaise Kingan The recent case of Harber v HMRC in the First-tier Tax Tribunal (the FTT) has resulted in considerably more commentary over the last...
05 Feb, 2024 The Overseas Funds Regime: what does it mean for product value assessments? By Alexandra Green Lora Froud Gavin Haran On 30 January 2024, the Economic Secretary, Bim Afolami, announced that EEA UCITS are deemed equivalent to UK UCITS, in regulatory terms....
02 Feb, 2024 Commission update on activity in the pharmaceutical sector By Matthew Redfern The European Commission has recently published a report summarising its enforcement activities and those of national competition...