When is “Advice” not “Advice”? Almost never it would seem!
May 11, 2021
The FCA perimeter guidance (“PERG”) has long been a source of revenue for lawyers and consultants alike with many hours spent on the Regulated Activities Order (“RAO”) and understanding the scope of what’s in and...
Effecta Regulatory Newsletter no 1. 2021
May 7, 2021
Welcome to the Effecta Compliance regulatory newsletter. In the ever changing regulatory landscape, it is key that firms keep up to date to with latest compliance developments and ensure relevant compliance changes are considered internally...
EU Firms using the Temporary Permission Regime should look out for their Landing Slot
March 19, 2021
Background As firms will no doubt now be aware, the United Kingdom (“UK”) voted to leave the European Union (“EU”) at 11:00 pm on the 31 December 2020 (“Brexit”) and the UK is now classified...
Senior Managers and Certification Regime – Hands up if you are ready
February 19, 2021
Overview The Senior Managers and Certification Regime (SM&CR) aims to reduce harm to consumers and to strengthen market integrity by holding individuals to account for their actions. This is achieved by raising the standards of...
Agreement reached between the United Kingdom and European Union, but uncertainties remain for Financial Services firms
January 20, 2021
Any financial services firm with clients in Europe please be aware that 2021 is a year of change, but despite Boris Johnson’s Brexit discussions with the President of the European Commission, Ursula Von Der Leyen,...