FCA marks principal firms’ homework on appointed representatives – must try harder

The FCA says principal firms need to do more to comply with enhanced appointed representative rules… Continue Reading

Ready or not, here comes the Consumer Duty

By Chris Webber and Ian Debbage on February 8, 2023 Posted in Banking, Insurance, Investment Management, Mis-Selling, Pensions, Regulation

Since July 2022 when the FCA published its rules and guidance to implement the Consumer Duty, much ink has been spilled on what it will mean for affected firms. Now, with the clock ticking down to implementation on 31 July 2023, the FCA has published the findings of its review of a number of larger … Continue Reading

Is the FCA catching on to its AFrO and AFO powers?

By Chris Webber on September 28, 2022 Posted in Fraud and Financial Crime, Investigations, Regulation

My colleague Ben Ticehurst, a Director in our UK Government Investigations and White Collar team, recently shared a timely insight on increased use by the Financial Conduct Authority of Account Freezing Orders (“AFrOs”) and Account Forfeiture Orders (“AFOs”) on our Anticorruption Blog. He reports on the recent decision for the FCA to secure its first … Continue Reading