Regulatory Updates

FCA confirms a new 'Anti-Greenwashing' rule impacting all firms

5 Dec 2023 - In The News

The FCA has published new Rules and Guidance in relation to sustainability disclosures in a Policy Statement PS23/16 which, although aimed at the investment sector, include a specific Rule that captures all firms. The aim of the measures introduced is to…

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FCA publishes an updated to the regulatory initiatives grid

1 Dec 2023 - In The News

The Regulatory Initiatives Grid, from the Financial Services Regulatory Initiatives Forum, sets out the regulatory pipeline. It is published so the financial services industry and other stakeholders can understand and plan for the timing of the initiatives…

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FCA publishes its fees and levies consultation for 2024/25 - FOS fees alert

28 Nov 2023 - In The News

The FCA has published its plans for how it will raise fees for 2024/25, which represent a consultation on the underlying principles of the fee system and policy changes to the way in which the FCA will raise fees. Each chapter in the Consultation Paper…

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FCA publishes responses to unanswered questions from its Annual Public Meeting

22 Nov 2023 - In The News

The FCA has published a 35-page document providing answers to questions from its 2023 Annual Public Meeting which were not answered on the day. There were 101 questions in all, with many of them being grouped together with one response being provided to the…

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King's speech briefing notes confirm planned ban on buildings insurance commissions

20 Nov 2023 - In The News

The Prime Minister’s Office has published a background briefing notes document in relation to the King’s Speech, alongside a copy of the speech itself. One item of note is the background information in relation to a proposed Leasehold and Freehold Bill.…

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PRA discussion paper DP2/23 "FSCS General Insurance Limit"

7 Nov 2023 - In The News

The Prudential Regulation Authority (PRA) has published a Discussion paper DP2/23 about the FSCS general insurance limit. This DP seeks feedback on whether it would be appropriate to increase FSCS limits for some or all of the General Insurance areas currently…

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