FCA’s Dear CEO Letter to Annex 1 Firms on common control failings in AML frameworks
March 25, 2024
Introduction The FCA has published its latest Dear CEO letter which focuses on common control weaknesses in Annex 1 Firms (eg lending, leasing, payment services, money broking and safe custody firms). The Letter explains where...
Mitigating Conduct Market Risks: FCA’s Insights on Combatting Market Manipulation and Organised Crime Groups
March 5, 2024
Mitigating Conduct Market Risks: FCA's Insights on Combatting Market Manipulation and Organised Crime Groups Introduction In the dynamic landscape of the UK financial services sector, maintaining market integrity and compliance with regulations is crucial. In...
FCA Focus 2024
February 5, 2024
Financial Conduct Authority’s 2024 business plan. What will be their key areas of focus? The Financial Conduct Authority (FCA) has published its business plan for 2024, which very much continues in the same vein as...
Dear CEO Letter To Wealth Management and Stockbroking Firms
December 18, 2023
Background The Financial Conduct Authority (FCA) have published a ‘Dear CEO’ letter in November 2023 to all Wealth Management and Stockbroking firms highlighting the potential harms that those firms could possibly inflict upon markets and...
Dear CEO Letter to Principal Trading Firms (PTFs)
November 23, 2023
The Financial Conduct Authority (FCA) has sent a general letter to all CEOs of PTFs detailing what the regulator regards as the most important risks within the firms and what it views as the drivers...