Banking and finance dispute resolution By Jonathan Brogden For the latest news and comment on banking and finance disputes.
Financial Crime and Corruption By Jonathan Brogden Topical news and thought leadership on issues relating to economic crime, money laundering, bribery and corruption.
GC Collective By Ben Daniels The GC Collective collection offers insight and comment for General Counsels (GCs) and in-house legal teams.
Information Law and Data Protection By Jade Kowalski Our market-leading Information Law team regularly publish articles and updates addressing the ever-evolving Information Law landscape.
Non-financial misconduct – new proposed FCA and PRA guidance By Angela Hayes Introduction On 25 September 2023 the FCA published consultation paper CP 23/20 entitled " Diversity and inclusion in the financial sector – working together to drive change " and the PRA published its counterpart consultation paper CP 18/23…
Review and reform of the SMCR: Optimising individual accountability By Angela Hayes This article first appeared in the June 2023 issue of PLC Magazine . Background to the SMCR The original purpose of the senior managers and certification regime (SMCR) was to improve individual accountability for decision making in…
DAC Beachcroft's Spring 2023 Budget Alert By John Dunlop From a tax point of view the headline of this budget is that it appears to allow people to make unlimited contributions to their pension. It is not as straightforward as it seems and more detail on this and other key measures are below.
It’s not easy being green – why the FCA’s anti-greenwashing proposals need a rethink By Angela Hayes Issues with the Financial Conduct Authority’s (“FCA’s”) proposed new rules to tackle greenwashing (FCA Consultation Paper 22/20) were highlighted during their scrutiny by the Treasury Select Committee on 22 February 2023. Firms that will be affected…
The future of UK asset management regulation – the FCA’s Discussion Paper 23/2 By Angela Hayes On 20 February 2023 the Financial Conduct Authority (“FCA”) published Discussion Paper (“DP”) 23/2 entitled “ Updating and improving the UK regime for asset management ”. The FCA requests comments on the DP by 22 May 2023. Alongside this DP the…
Keeping Up with Crypto Fraud – Social media Influencers beware! By Jonathan Brogden In October 2022, the US Securities and Exchange Commission (“ SEC ”) fined Kim Kardashian US$1.26m for unlawfully “touting” the EthereumMax (“ EMAX ”) token on her social media account without disclosing that she had received compensation, and the…
FCA’s proposals to clamp down on greenwashing By Laura Berry It has been clear for some time that the FCA is stepping up its enforcement strategy and supervisory engagement in relation to purportedly sustainable finance. In the clearest indication of the direction of travel to date, the FCA recently issued a…
Top 10 conduct risks for UK asset managers in 2022 By Angela Hayes Heightened regulatory scrutiny upon the asset management sector is expected to continue throughout 2022, not least because the FCA itself remains under intense pressure from the Treasury Select Committee to complete its action concerning the…
The FCA takes its next step in climate-related financial disclosures By Jonathan Brogden New FCA rules on climate-related financial disclosures came into effect on 1 January 2022. The new rules affect issuers of standard listed shares and FCA regulated asset managers and asset owners.
A tougher appointed representatives regime is on its way By Mathew Rutter The FCA has published details of significant changes that it is proposing to its rules relating to the appointment and oversight of appointed representatives. The changes will have a significant impact on adviser networks and other firms which make…