Page 2 - Certification Regime News Today

FCA CEO Nikhil Rathi revealed the regulator will soon introduce “far-reaching reforms” to create a more disclosure-based system for investment trusts.

The UK government is already proposing further expansion to the basis on which companies can be fixed with criminal liability. The Economic Crime and Corporate...

On 1 and 2 November 2023, the UK hosted the world's first summit on artificial intelligence safety at Bletchley Park (the Summit). Once the top-secret home where Britain's World War II cryptographers...

The FCA communications we have seen so far have been via speeches and two Dear CEO letters. These do not pull a punch.

The Financial Conduct Authority (FCA) is engaging with firms to improve diversity and inclusion in financial services. It has launched a consultation, CP23/20 Diversity and inclusion in...

Digitisation (particularly artificial intelligence) and ESG are among the top megatrends revolutionising the industry at an accelerating pace. As these developments evolve and converge, they open the door to new possibilities but also many risks, especially to senior management. What are these risks, and how should banks confront them?

The FCA plans to use the existing regulatory regime to regulate the use of tech in financial services. It is focusing on artificial intelligence (AI) because the financial services sector is investing heavily in it.

The extent to which firms are captured by the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority’s (PRA) proposals to implement a new regime for diversity and...

In our previous alert, we discussed the emerging trends for regulating artificial intelligence (AI) in financial services and mentioned a joint paper published by the Prudential...

A large US Bank with operations in the UK (Bank) recently won a widely discussed case in the UK's Employment Tribunal after a senior analyst (Employee) sued the Bank for unfairly...