Tag: FCA
eflow Global’s solutions to FCA’s Market Watch 74 transaction reporting concerns
RegTech firm eFlow Global recently took the opportunity to describe how it can provide solutions to key transaction reporting concerns.
FCA Consumer Duty Countdown: Are firms ready?
The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.
Managing insider information: The crucial role of MAR in the digital...
The European Market Abuse Regulations (MAR) have been at the forefront of the financial regulatory landscape since July 2016. Despite its six-year presence, compliance with MAR regulations remains a consistent priority for regulators across Europe, including the UK. Regulatory enforcement continues to unveil that firms still grapple with adherence to rules governing the management of material nonpublic information (MNPI).
FCA unveils new Consumer Duty plan to boost savings interest rates
The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.
Combating Market Abuse: The Emerging Challenges and Solutions in the Age...
Compliance within the financial services industry has taken a new turn as online trading and the emergence of 'finfluencers' on social media platforms have magnified the risks of market manipulation. The shift in the landscape demands greater attention to the prevention, detection, and mitigation of market abuse.
UK Treasury’s shift on BNPL regulation stirs FinTech industry
The UK government is considering backtracking on plans to impose stricter regulations on the burgeoning BNPL industry.
Global regulators turn the heat up on trade surveillance: How can...
In a recent post, RegTech firm Eventus outlined key reasons why practitioners must be the key drivers behind trade compliance.
FCA chief cautions banks on ‘deep fake’ threats and AI’s potential...
Nikhil Rathi, the FCA chief, has issued a warning to banks concerning the risks associated with AI and the menace of 'deep fake' fraud.
What impact is the FCA Digital Sandbox bringing for RegTech startups?
While the RegTech sector is fairly young compared to some of its counterparts, the industry is brimming with energy and innovation.
FCA reveals greenwashing concerns in the sustainability-linked loan market
The FCA has addressed concerns over market integrity in the SLL market, warning about potential greenwashing practices.