April 24, 2025There is an ever-growing list of businesses who offer some form of payment service. Depending on the nature and scope…
April 23, 2025UK financial regulators, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have announced by letter that they…
January 17, 2025The FCA’s Artificial Intelligence (“AI”) update [1] shows the FCA’s approach to ensure safe and responsible use of AI within…
November 19, 2024This article highlights some of the long-term benefits of becoming directly FCA authorised which for many firms, will outweigh the…
July 10, 2024In less than one month, the Consumer Duty will also apply to closed products and services, which were sold before…
June 14, 2024Only firms that are authorised (or exempt from the need for authorisation) can carry on a regulated activity in the…
April 16, 2024The FCA has found evidence that in a small number of cases, firms have sold a client bank where they…
November 23, 2023Compliance with regulatory standards is a key legal requirement for financial services businesses.
November 22, 2023The FCA has called for firms to pay attention to all of their regulatory obligations, such as those concerning financial…
October 10, 2023The Financial Conduct Authority have made it clear that diversity and inclusion (D&I) is essential for a healthy firm culture.