Related insights: Financial Services Regulation

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I'll be watching you: themes from FCA supervisory letters

07 Jan 2022
Over the last few years, the Financial Conduct Authority (FCA) has taken to publishing the letters it sends to the CEOs of firms within specific supervision "buckets", setting out where it sees the key risks of harm in their sector and where it expects firms to focus their efforts.
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Treasury consults on future financial regulatory framework – a chance to shape the future?

17 Nov 2021
At his Mansion House speech on 1 July 2021, the Chancellor announced the government's aspiration for an open, green and technologically advanced financial services sector that is globally competitive and acts in the interests of communities and citizens, creating jobs, supporting businesses, and powering growth across the UK. In a step towards achieving this vision, the Treasury is now consulting on detailed proposals for reform of the financial services regulatory framework, building on its initial consultation which closed on 19 February 2021.
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BNPL: Getting the balance right

22 Oct 2021
HM Treasury has published the long-awaited consultation on buy-now pay-later (BNPL) regulation. The consultation takes account of the need to calibrate the regulatory controls that should be put in place so that regulation addresses the potential for consumer detriment without unnecessarily limiting useful products.
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Call for evidence on the UK's AML regime: a chance for change?

03 Aug 2021
July brought a flurry of activity on the AML/CTF prevention front, both domestically and internationally. HM Treasury is calling for evidence in the effectiveness of the UK regime and proposing changes to the regulatory requirements, while the EU moves to consolidate its legislation. Emma Radmore looks at the opportunities for change.
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FCA unveils transformative business plan

20 Jul 2021
The FCA's business plan for 2021/22 marks the first for Nikhil Rathi since taking on the mantle of Chief Executive. In the speech given by Mr Rathi to launch the plan, he acknowledged the unprecedented challenges of the last 18 months but said that in order for the FCA to be an effective regulator it cannot simply respond to today's challenges – it must prepare for those of tomorrow.
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Financial Services Act: key changes before Royal Assent

06 May 2021
​​​​​​​Both core elements of the United Kingdom’s post-Brexit framework as well as some more political areas of concern are addressed in this wide-ranging piece of legislation. Emma Radmore and Lucy Hadrill discuss debates, changes and additions from the Bill as originally published.