Page 4 - Certification Regime News Today

On 25 September 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published long-awaited proposals to introduce a regulatory framework for...

The Financial Conduct Authority and the Prudential Regulation Authority has finally published plans to make the insurance industry more diverse and weed out

To ensure it survives and prospers, the financial industry needs to overcome ten challenges, and it is vital that they do.

Key developments of interest over the last month include: Germany’s Ministry of Finance asking industry groups for feedback on the EU PSD3/PSR legislative proposals; the UK Payment...

Expert says it's "tricky to implement"

The FCA has a significant amount of reputational risk invested with the new Consumer Duty and its objectives, hence the frequency of communications from it and the formation of its Consumer Duty embedding team.

HM Treasury has published a response to its consultation on payments regulation and the systemic perimeter. The consultation was prompted by the U.K. government's Payments Landscape...

The U.K.’s newest Financial Services and Markets Act of 2023 (“FSM Act”) received Royal Assent on 29 June 2023. Certain parts came into force on its passing, others will come into...

In 2021, the Financial Conduct Authority (FCA) introduced its new Consumer Duty which they stated “will fundamentally improve how firms serve consumers”. 

In a recent speech, Nikhil Rathi, CEO of the UK Financial Conduct Authority (FCA), set out the FCA’s latest views on the role of artificial intelligence (AI) in financial services. The...