13 August, 2018
Enforcement activity of City watchdog FCA increases
Enforcement activity at the Financial Conduct Authority has increased year-on-year to record levels. The year to March saw 508 cases opened and 510 cases resolved. That compares with 445 and 431 in...
6 July, 2018
Regulators demand IT security plans from financial services firms
Financial services firms have been given three months to show regulators how their IT systems will manage the risk of cyber-attack or changes in technology. The Bank of England, Financial Conduct A...
19 June, 2018
Pension fund trustees to report on climate change policies
UK pension fund trustees will be required to publish reports explaining how their investment policies integrate sustainability concerns. The Department for Work and Pensions (DWP) yesterday announc...
8 June, 2018
UK listings rules for sovereign companies to change
UK company listings are to be reformed to allow a new premium category for companies controlled by sovereign shareholders. The Financial Conduct Authority (FCA) announced the change following a con...
29 March, 2018
Watchdog to review Aviva’s plan to cancel preference shares
Aviva could face a regulatory probe over efforts to cancel £450m in preference shares. The Financial Conduct Authority (FCA) has confirmed in a letter to a powerful House of Commons committee that...
28 March, 2018
Gove told financial regulators should get tough on climate risk reporting
Climate change reporting must be embedded into UK regulators’ remit, a parliamentary committee has recommended to environment secretary Michael Gove MP. The key finance bodies—the Financial Con...
23 March, 2018
‘Monocultures’ in financial firms lead to governance issues, says regulator
Financial firms with a lack of diversity make less money and suffer more problems with governance issues, according to a senior City regulator.
16 March, 2018
Whistleblowing: the problem with speaking out
Last year, the UK’s Financial Conduct Authority received information from 900 whistleblowers. The Care and Quality Commission received more than 7,000 disclosures from whistleblowers. ...
27 February, 2018
UK and US financial services authorities sign deal on fintech cooperation
The UK’s Financial Conduct Authority (FCA) and the US Commodities Futures Trading Commission (CFTC) have agreed to collaborate on financial technologies and support firms wishing to expand in intern...
21 February, 2018
