financial services


FCA-convened Industry Group Unveils Code Of Conduct For ESG Ratings And Data Providers

Markets - Published date: .

The International Regulatory Strategy Group (IRSG) and International Capital Markets Association (ICMA) have unveiled ... Read more

UK To Boost Bank Resolution Toolkit After SVB Collapse Shortcomings - Reports

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The Treasury is set to open a consultation aiming to strengthen the UK’s bank resolution toolkit, after shortcomings... Read more

FCA Sets Out Proposals To Increase Liquidity Requirements For Money Market Funds

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The Financial Conduct Authority has set out plans to significantly increase the liquidity requirements of money market... Read more

FCA Sets Out Temporary Measures To Address Investment Trust Cost Disclosure Concerns

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The Financial Conduct Authority will allow investment trusts and any funds invested in these vehicles to provide a bre... Read more

Divergence In Consumer Duty Application Could Push Asset Managers Out Of UK Retail Market

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The Financial Conduct Authority’s Consumer Duty could risk forcing asset management firms to pull UK retail products... Read more

Allfunds Receives UK Regulatory Authorisation

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Allfunds has been authorised to operate as a Third Country Branch in the UK, bringing the platform under the dual regu... Read more

Government Directs Competition And Markets Authority To Increase Focus On Economic Growth

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The UK Competition and Markets Authority has been ordered by the government prioritise “investment, innovation and g... Read more

Draft Regulations Offer FCA Powers To Restrict Short Selling In 'exceptional Circumstances'

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HM Treasury’s short selling regulations policy note has revealed the Financial Conduct Authority is set to receive p... Read more

FCA Issues Guidance For Crypto Marketing

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The Financial Conduct Authority has released guidance for crypto firms to support them complying with the newly introd... Read more

Former FCA Chair Slams Proposed Crypto Regulation From Government

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Charles Randell, former chair of the Financial Conduct Authority, has strongly criticised the proposed cryptocurrency ... Read more

Industry Bodies Agree Standardised Responsible Investment Definitions

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The CFA Institute, the UN Principles for Responsible Investment body and the Global Sustainable Investment Alliance ha... Read more

FCA Warns 'top Priority' Consumer Duty 'not Once And Done' Event

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The Consumer Duty remains the Financial Conduct Authority’s ‘top priority’ and adherence will be closely monitor... Read more

Companies Fail To Disclose Mandatory SFDR Indicators Globally

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Disclosure against mandatory indicators under the EU's Sustainable Finance Disclosure Regulation is significantly low ... Read more

St James's Place Under Regulatory Scrutiny To Reform Fee Structure - Reports

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St James’s Place is facing pressure from regulators to reform its fee model in a bid to comply with the recently int... Read more

FCA To Consult On Amending Regimes For Alternative Fund Managers And Retail Funds

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The Financial Conduct Authority has set out plans to consult on amending and re-evaluating the regimes governing alter... Read more

Woodford Investors To Vote In Single Class As Scheme Of Arrangement Vote Delayed

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Investors in the former Woodford Equity Income fund will vote on the proposed scheme of arrangement regarding Link Fun... Read more

Ex-Barclays CEO James Staley Fined And Banned By FCA Over Ties To Jeffrey Epstein

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The Financial Conduct Authority has fined and banned James Staley, former CEO of Barclays, from the financial services... Read more

Metro Bank Under BoE And Treasury Scrutiny As It Sounds Out Potential Mortgage Book Sale - Reports

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Metro Bank has begun talks over selling a portion of its mortgage book to rivals as the firm’s mounting troubles com... Read more

'No Intention' Of Retrospective Action In FCA's Proposed Non-financial Misconduct Rules

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The Financial Conduct Authority’s consultation paper looking to codify that non-financial misconduct will amount to ... Read more

Deep Dive: Consumer Duty Is 'forcing' DFMs And Asset Managers To Justify Value And Costs

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The Consumer Duty's implementation has meant all players in the distribution supply chain have had to review and adapt... Read more