Dec 20, 2022 Pensions dashboards – a top priority for 2023 By Faye Jarvis The recent slew of consultations from the Pensions Regulator, FCA and the Pensions Dashboards Programme (PDP) serve as an important...
Oct 18, 2022 Where to? Criminal liability for concealing data breaches By Neill Blundell Fred Snowball Francis Bond Uber’s former chief of security, Joe Sullivan, was found guilty recently of covering up a 2016 cyber-attack which affected 57m Uber...
May 23, 2022 Laughable that sanctions might not apply to crypto? It is according to this US judge By Neill Blundell Helen Harvey In a recently unsealed court document from the US, the judge quoted comedy show, Saturday Night Live, in support of his unequivocal...
May 20, 2022 The FCA unveils new reporting platform for sanctions breaches By Neill Blundell Francis Bond Georgia O'Connor The Financial Conduct Authority (FCA) has launched a new financial sanctions evasion reporting platform for regulated entities, in a bid...
Apr 27, 2022 FCA implements new requirements for board and executive diversity reporting By Dominic Sedghi Dan Lavender Helen Harvey Macfarlanes' Corporate Law Update reported on the Financial Conduct Authority (FCA)’s recently-published policy statement on diversity...
Mar 23, 2022 UK Prospectus Regime Reform Review Outcome: is this the path to a complete rethink? By Richard Fletcher Clare Golding The UK Prospectus Regime Review Outcome (PRRO) published by HM Treasury at the beginning of March 2022 gives us further insight into the...
Jan 19, 2022 Marketing cryptoassets: HMT and the FCA weigh in By Gavin Haran On 18 January 2022, HM Treasury (HMT) published its response to its July 2020 consultation paper on cryptoasset promotions. This was...
Dec 06, 2021 Executive power: the FCA implements decision-making reform By Lorna Emson James Reid The FCA recently published a policy statement outlining changes to its decision-making processes, in order to make “faster and more...
Jul 09, 2021 Can the regulators shift the gears on D&I in financial services? By Macfarlanes The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England (the regulators) have published a...
Jul 06, 2021 A new FCA Technical Note for cannabis-related businesses listing in the UK By Neill Blundell Max Hobbs The Financial Conduct Authority (FCA) has published a Primary Market Technical Note to give further guidance for cannabis-related...
May 18, 2021 The first buds of spring: new cannabis company float shows take up of FCA listing rules By Neill Blundell Max Hobbs Those who work in the nascent legal cannabis industry in the UK, including investors and advisors, will be interested to note that a new...
May 12, 2021 Not so wise: the FCA imposes a new fine for anti-money laundering failings By Lorna Emson Max Hobbs The Financial Conduct Authority (FCA) has imposed a £178,000 fine (reduced from £236,740 to avoid serious financial hardship) on Sapien...
Mar 19, 2021 Why diversity and inclusion are regulatory issues By Macfarlanes Earlier this week, at the launch of the HM Treasury Women In Finance Charter Annual Review, the FCA’s CEO Nikhil Rathi set out why, as a...
Feb 04, 2021 Employees can speak up, but senior managers need to listen up: the FCA’s expectations for diversity and inclusion By Macfarlanes In a recent speech delivered at the Ethnic Diversity in the City and Corporate UK Summit, Georgina Philippou (senior adviser to the FCA...
Jan 21, 2021 Big fraud: FCA proposes regulation of tech giants in relation to financial scams By Neill Blundell James Reid Lorna Emson On Monday the Financial Conduct Authority (FCA) released its review of consumer investments data for 2020 (the Review). In the Review the...
Jan 15, 2021 Supreme Court judgment concludes FCA business interruption test case - FCA reports that more policyholders will have valid claims By Alexander Cibulskis Today the Supreme Court handed down its judgment in the FCA's Business Interruption (BI) test case.The judgment substantially upholds the...