EFFECTA’S Essential Insights: A Regulatory Update
February 16, 2023 by Clementine Bowyer
Welcome to EFFECTA’s Essential Insights, a quarterly newsletter aimed at providing its readers with succinct overviews of some of the key regulatory issues currently faced by Firms in the UK and UAE.
2022 was a busy year for all Regulators, with FCA issuing the largest number of fines in any one year, and the UK FCA as well the UAE regulators publishing a huge amount of literature, including regulatory changes as well as warnings to Firms. New Regimes have been created, a new Principle introduced, even a new UAE Regulator established to oversee the growing Crypto space.
Our clients from all areas of financial services are having to grapple with understanding and implementing new rules, many of which become effective in 2023.
Whilst we hope this newsletter gives our readers the nuts and bolts of many of the regulatory matters currently being reviewed, it is by no means exhaustive. Therefore, should you have a question on any matter even if it is not contained within this Newsletter, please do reach out. Our consultants are diverse in background and knowledge base, each one holding their own area of expertise, so whatever your question, we will have someone who will be able to help.
More information about our individual consultants can be found here, but if you would like to discuss any of the topics covered in this newsletter and what implications they may have to your business, please do reach out to us on info@effectacompliance.com.
To download the Effecta UK newsletter, please click here
To download the Effecta Middle East newsletter, please click here