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UK Regulation

Regional regulation has global consequences ― Stay abreast of the latest UK regional compliance and regulation news.

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17 results

Conduct & Culture

DEI backlash should not stall efforts to tackle toxic behaviour in financial firms

The new US administrationʼs cancellation of diversity, equality and inclusion (DEI) initiatives should not lead to misconduct at financial services...
By Lindsey Rogerson 4th February 2025
DEI backlash should not stall efforts to tackle toxic behaviour in financial firms

Regulatory Reporting

FCA found 139 MiFID firms failing to report transactions in 2024

The UK Financial Conduct Authority (FCA) found 139 Markets in Financial Instruments Directive (MiFID II) firms potentially failing to report...
By Rachel Wolcott 29th January 2025
FCA found 139 MiFID firms failing to report transactions in 2024

Conduct & Culture

FCA reveals broker probe, says individuals wield too much power

The UK Financial Conduct Authority (FCA) is concerned that individual brokers wield too much power over their employers, and is...
By Rachel Wolcott 29th January 2025
FCA reveals broker probe, says individuals wield too much power

UK Regulation

FCA publishes request to intervene in Supreme Court case, defends action over motor finance

The Financial Conduct Authority (FCA) has published its application to the UK Supreme Court for permission to intervene in three...
By Lindsey Rogerson 28th January 2025
FCA publishes request to intervene in Supreme Court case, defends action over motor finance

UK Regulation

Government should state risk tolerance for harm when easing regulation, says FCA chief

The UK government needs to give guidance on what an “acceptable outcome” would look like if the regulator eased borrowing...
By Lindsey Rogerson 27th January 2025
Government should state risk tolerance for harm when easing regulation, says FCA chief

UK Regulation

UK prudential regulator delays Basel 3.1 again, pauses data collection request

On January 17, the Prudential Regulation Authority (PRA) delayed the implementation date for Basel 3.1 until January 2027 — the...
By Lindsey Rogerson 20th January 2025
UK prudential regulator delays Basel 3.1 again, pauses data collection request

UK Regulation

Consumer advocates warn of danger to growth from further erosion of trust in financial firms

Three debt and consumer advisors have warned lawmakers that removing regulations for financial firms in an effort to boost UK...
By Lindsey Rogerson 16th January 2025
Consumer advocates warn of danger to growth from further erosion of trust in financial firms

Regulatory Oversight

UK regulator has no metric to measure its effect on growth in real economy, says Woods

Sam Woods, chief executive of the Prudential Regulation Authority (PRA), told lawmakers that its current performance metrics do not directly...
By Lindsey Rogerson 13th January 2025
UK regulator has no metric to measure its effect on growth in real economy, says Woods