How can you maximise compliance’s effectiveness – without compromising cost-efficiency? A new report from PWC on The Business of Compliance explores how organisations can balance cost and effectiveness. Here we summarise their findings and advice.... By Steve Coleman
Earlier this month, the Financial Conduct Authority revealed the latest 29 firms to be accepted into its Regulatory Sandbox – an initiative designed to increase innovation in financial services.
We examine the latest cohort of firms accepted and explore ways you can innovate and remain compliant.... By Steve Coleman
Now, halfway through the year – and with four of those five regulations now in force – it seems a good time to revisit them. How are firms tackling the new requirements? What has reaction been to their introduction? And are you doing everything you can to make sure you comply?... By Dimitriya Paunova
Financial services cannot ignore the growing importance of digital. But with digital transformation comes risk – not least the threat of regulatory breaches.
Here we explore how Compliance teams can help to reduce the liability inherent in digital transformation projects.... By Steve Coleman
Here we look at the findings and examine how you can help your firm to improve its performance.... By Dimitriya Paunova
Corporate mergers or acquisitions raise a number of governance issues – from differences in culture to divergent technologies.... By Steve Coleman
The shortcomings of the MiFID II and PRIIPs regulations were in the news again this week.By Steve Coleman
From 1 April 2019, claims management firms will be regulated by the FCA. This week, the Authority set out draft rules outlining how it will regulate the sector.
We look at what the draft rules say, and how claims management firms can prepare.... By Steve Coleman
Mark Carney, Bank of England governor, suggested last week that financial compliance should focus more on incentives than fines.By Steve Coleman
The Information Commissioner’s Office has published its final detailed guidance on consent to help firms with their preparations for GDPR.
The new regulation comes into force just over a week away, on 25 May. Here we examine the new guidance. How does it help firms to put in place compliant processes around consent?... By Dimitriya Paunova
Last week, the Financial Conduct Authority released its latest complaints data – and as usual, it has useful information for Compliance teams who want to adopt best practice.By Steve Coleman
When the Financial Conduct Authority took over regulation of the consumer credit market in 2014, it aimed to make the market fairer, cleaner and more sustainable.
Last year we reviewed how the consumer credit sector was performing under FCA regulation. Here we look at what has changed for the consumer credit sector since then, and how firms continue to adapt to their new regulatory regime.... By Steve Coleman