Covid 19 updates – delays and notices
It comes as no surprise that there have been many announcements relating to the impact of Covid 19 since our last update here. These include: Temporary changes and a "softening"…
SMCR starts today for many
From today, the Senior Managers and Certification Regime (SM&CR) will start for many firms in the UK. The SM&CR applies to those regulated by the FCA, and includes those in…
Algorithmic trading – FCA report and more
The UK's Financial Conduct Authority (FCA) yesterday issued this report on "Algorithmic Trading Compliance in Wholesale markets. It reviews the requirements of MiFID II, MAR and local legislation for those…
2018 begins – what does it have in store?
The 2018 working year starts today for most, which provides a good opportunity to consider the months ahead. Start of year The end of 2017 has been unsurprisingly busy, with…
FCA cancels authorisations
The UK's Financial Conduct Authority (FCA) has issued its latest "Regulation Round Up" (see here). The document discusses enforcements against authorised firms who have not complied with all of the…
Senior Managers Regime to be extended
The UK's Financial Conduct Authority has announced a plan to extend the existing Senior Managers and Certification Regime to more firms, and also to extend the rules within the regulation.…