Market abuse regulation: meeting FCA expectations
ArticleMarket abuse regulation is under growing FCA scrutiny. A strong market abuse risk assessment, surveillance framework, and robust STORs will strengthen your controls.
What changes have been made with the Consumer Duty’s final rules since the FCA’s last consultation? And when are financial services firms expected to start implementing the regulation?
The Financial Conduct Authority (FCA) has published the final rules for its new Consumer Duty. The rules set a higher bar, building on the previous conduct-based initiatives that underpin its expectations – pushing compliance to higher levels, aimed at setting clearer and stronger requirements that firms deliver good outcomes for consumers.
In this latest episode, our regular host Irina Velkova is joined by our Head of Regulation, Alex Ellerton, Partner, asking key questions about the new Duty and what this means for firms across the industry.
Helping your firm prepare for the FCA's Consumer Duty
Host
-
Alex Ellerton
Alex Ellerton - I advise clients across the retail financial services sector on regulatory matters. With a particular focus on banking, lending, wealth management and retail intermediary firms, I regularly work with senior management teams to identify practical and proportionate responses to regulatory challenges.View Profile -
Irina Velkova
As a regulatory advisory practice director, I advise firms on new regulations, implement improved structures and processes, and work with board and c-suite stakeholders to resolve governance and regulatory issues.View Profile
Read our related insights, reports and more
Your guide to this week in regulation
TechnicalStay up to date with our latest round up of financial regulation.
FRTB regulation – PRA revises the IMA for market risk
ArticleThe PRA has proposed FRTB regulation changes to the IMA market risk framework under Basel 3.1. Explore what the new rules mean for firms