Fca

The Financial Conduct Authority (FCA) has called for so-called ‘host’ Authorised Managers (AFMs) to improve their standards following a review of firms published today. Host AFMs are fund operators that delegate investment management to third-party investment managers outside of their co

The Financial Conduct Authority (FCA) has published new proposals on climate-related disclosure rules for listed companies and certain regulated firms. The proposals follow the introduction of climate-related disclosure rules for the most prominent listed commercial companies in December 2020 which

New research published by the Financial Conduct Authority (FCA) has estimated that 2.3 million adults now hold cryptoassets, marking an increase from the 1.9 million recorded last year. The research also revealed that 78% of adults have now heard of cryptoassets, up from 73% in a year.

The Financial Conduct Authority (FCA) is extending the end date of the Temporary Registrations Regime (TRR) for existing cryptoasset businesses from 9 July 2021 to 31 March 2022. The TRR was established last year to allow existing cryptoasset firms, which applied for registration before 16 December

The Financial Conduct Authority (FCA) has implemented a package of remedies to prevent insurance companies from issuing loyalty penalties to customers.  The move is an attempt to improve competition and ensure renewal quotes for home and motor insurance consumers are not more expensiv

The Financial Conduct Authority (FCA) has published a consultation on its proposed policy framework for exercising two of its new powers under the Benchmarks Regulation (BMR), which will be introduced by the Financial Services Act 2021. These powers relate to the use of critical benchmarks that are

The Financial Conduct Authority (FCA) has announced proposals to stop the practice of ‘claims management phoenixing’, by banning Claims Management Companies (CMCs) from managing Financial Services Compensation Scheme (FSCS) claims where they have a relevant connection to the claim. Claim

The Financial Conduct Authority (FCA) has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to. Firms are already bound by FCA rules and principles to treat customers fairly and many firms are delivering

The Financial Conduct Authority (FCA) has launched a consultation on proposals for a new category of fund designed to invest efficiently in long-term, illiquid assets. Within the consultation, the proposal is that these funds would be open-ended and would be able to invest in assets such as venture

The Financial Conduct Authority (FCA) has proposed new rules to require pension providers to ‘nudge’ consumers to Pension Wise in order to benefit from guidance before they access their defined contribution pension savings. This includes booking an appointment with Pension Wise if the co

Following feedback to its Call for Input (CFI) on Consumer Investments, the Financial Conduct Authority (FCA) has published proposals to strengthen its financial promotion rules for high-risk investments to help retail investors make more effective decisions. The discussion paper (DP) seeks views on

The Financial Conduct Authority (FCA) has launched a consultation on potential reforms to the UK Markets in Financial Instruments Directive (MiFID). Alongside the Treasury, the regulator is considering reforms to capital markets looking at changes to the UK’s regulatory regime to ensure t

The Financial Conduct Authority (FCA) has launched its second consultation on introducing the UK Investment Firm Prudential Regime (IFPR) for FCA prudentially-regulated investment firms. The IFPR introduces a new prudential regime for MiFID investment firms regulated by the FCA. It will create a sin

The Financial Conduct Authority (FCA) has confirmed that it will be consulting shortly on amendments to its Listing Rules and related guidance to strengthen protections for investors in Special Purpose Acquisition Companies (SPACs). The consultation will consider the structural features and enhanced

The Financial Conduct Authority (FCA) has launched a new campaign to encourage individuals working in financial services to report potential wrongdoing. The campaign, 'In confidence, with confidence', also reminds the individual of the confidentiality processes in place.