SM&CR reform – less paperwork, same accountability
ArticlePhase 1 SM&CR reforms are underway, streamlining compliance for in-scope firms to improve efficiency while maintaining robust accountability.
As the cost-of-living crisis continues to impact the UK, households are facing challenges with repayments and interest rates: from mortgages to everyday spending.
In July’s regulatory update, David Morrey and Ben Farmer discuss the latest pressures on businesses: the Consumer Duty, mortgage and interest rates, Solvency II, enforcement cases, and more – sharing insight on how firms and consumers can prepare for the changes ahead.
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David Morrey I am a partner in our Financial Services Regulatory Advisory practice where I help clients dealing with the challenges of current regulation or emerging requirements.View Profile -
Ben Farmer I support our financial services clients in meeting their regulatory obligations; focusing on conduct risk and customer outcomes.View Profile
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APP fraud reimbursement scheme: impact on payments firms
ArticleWe look at the impact of the APP fraud reimbursement scheme for payments firms, and the importance of operational resilience and wind-down planning.