Seven Compliance News

The FCA say they will publish enforcement actions against firms including those where the case is closed with no action taken. It is therefore even more imperative ...

The FCA expect to be told of anything that they think would be of interest to them. Firms sometimes forget to tell the FCA of a change in circumstances. This may ...

The deadline for firms to have reviewed their existing products is 30th April 2023 with the new rules coming into force on July 31st 2023. Is your Firm ready?

Recent AML fines issued to two financial firms illustrate that financial crime compliance remains central to the FCA’s enforcement agenda. The fines add weight to ...

The FCA has also decided to fine Metro Bank’s former Chief Executive Craig Donaldson and former Chief Financial Officer David Arden £223,100 and £134,600, ...

The UK Financial Conduct Authority (FCA) has fined BGC Brokers LP, GFI Brokers Limited and GFI Securities Limited (together, BGC/GFI) £4,775,200 for failing to ...

Is your Firm ready for the new Consumer Principles coming into force in July 2023? Firms are expected to have planned procedures already in place now. Contact us for ...

Article by Chris Rowe, Financial Technology Consultancy Services Ltd, September 20, 2022 2:07 pm “Compliance is becoming an increasingly more important part of ...

The FCA seems to be looking at the more subtle hints that suggest there may be something of interest to them in regulated firms. One of these is turnover of staff in ...

Update for Firms under IFPR The FCA is now writing to firms and requesting information to decide the appropriate reporting schedule for each firm under Investment ...

Alternative Investment Funds The fund space is embracing new opportunities providing investors with exciting alternative investment funds (AIFs)*. Compliance, Tech ...

From January 2022 the new IFPR – Investment Firms Prudential Regime changes come into force and with that new capital and risk calculations. These new calculation ...