Category Archives: Products & Services

Can You Really Afford Generic Ongoing Compliance Support?

Compliance is an ambivalent function. On the one hand you are viewed as the regulators’ ally inside the investment firm; overseeing the implementation of their regulation. Meanwhile, you are paid by the investment company and a component of their culture and hierarchy. You might say ‘front office’ (traders making the money) considers compliance the way […]

Brand-new FCA suggestions on operational and security risk management by Payment Services Providers (PSPs)

During March 2018, the FCA released its consultation paper (CP18/6) on its proposed approach to the application of the European Banking Authority’s (EBAs) final guidelines on security strategies for operational and security risks of payments services under PSD2.

SMCR: Client dealing function CF30

  The FCA has suggested changes to the client dealing function of the certification regime to render it very clear that the function is not aimed to apply to employees engaging with clients in a solely administrative role. The proposed changes result from industry feedback that there was uncertainty whether or not such individuals could […]

Has Regulation arrived for Crypto-Currency by the back door?

Lee Werrell Has Regulation arrived for Cryptocurrencies through the back door? Over the last couple of years, the crowdfunding market started to build rapidly. ICO or Initial Coin Offering is not only a very advantageous way of raising capital for additional project’s progression but also a remarkably profitable investment tool. But there are many troubles on this market, which need […]

Underpinning better decision-making by utilising Effective Management information for conduct risk

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The philosophy of “conduct risk” has bubbled to the top of firms’ and regulators’ agendas in the last few years. In the UK, the FCA presumes conduct risk management to become implanted into firms’ risk management frameworks, maintained by suitable management information (MI). Developing on ongoing regulatory and supervisory expectancies and our years of experience […]

Underpinning better decision-making by Using Effective Management information for conduct risk

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The philosophy of “conduct risk” has risen to the top of firms’ and regulators’ agendas lately. In the UK, the FCA presumes conduct risk management as being lodged into firms’ risk management frameworks, sustained by relevant management information (MI). Building on latest regulatory and supervisory expectations and our expertise of what works well in practice […]

FCA Authorisation and Harry Potter – Guaranteed Results?

It may seem run-of-the-mill, to compare submitting an authorisation to a magic trick, Yet if you are under any false impression that less-than-perfect preparation suffices, listen up people. Sarah Rapson, director of authorisations at the FCA said that, “We have begun to take a harder line on submissions that border on the vexatious.” Needless to […]

Significant Rise In RegTech Costing Forecast By 2023

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This is according to a new report from Juniper Research, which estimates that spending on RegTech solutions, specifically, will escalate from an estimated $18bn (₤ 14bn) this year to $115bn (₤ 100bn) by 2023. Financial commitment is forecast to go up by an average of 45% per annum over the next five years, far more […]

Connect With FCA Authorisation And Learn What FCA Regulated Activities You Need

In March 2018, the FCA published its consultation paper (CP18/6) on its proposed approach to the execution of the European Banking Authority's (EBAs) final guidelines on security precautions for operational and security risks of payments services under PSD2.

  Many firms ask the question whats does FCA authorised mean? They want to understand what FCA regulated activities would be involved if the obtain their FCA licence, registration or authorisation. Often they get confused about things like the difference between the FCA Connect Service and FCA Gabriel, needing expert help from specialist FCA authorisation […]

Underpinning better decision-making by utilising Effective Management information for conduct risk

The philosophy of “conduct risk” has risen to the top of firms’ and regulators’ agendas lately. In the UK, the FCA presumes conduct risk management to be embedded into firms’ risk management frameworks, sustained by suitable management information (MI). Building on latest regulatory and supervisory requirements and our prior experience of what works well in […]