Summary The FCA has issued its first consultation paper, CP 20/24 ( ‘CP1’) on the imminent Investment Firms Prudential Regime (hereafter...
BackgroundThe Investment Firm Regulation (IFR) [1] and the Investment Firm Directive (IFD) [2] were published in the European Union’s...
At the beginning of this month, the European Central Bank (ECB) took the unusual step of publishing a Guide on the supervisory approach...
The Financial Conduct Authority (‘FCA’) published on 9 July 2020 their “Dear CEO Letter” covering key areas where non-compliance has the...
Last week we published a blog on the FCA’s expectations for how firms should go about safeguarding their customers' funds, as set out in...