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Thomas Fox - Compliance Evangelist

Sunday Book Review: August 10, 2025, The More Books from The Ethicsverse Library Edition

In the Sunday Book Review, Tom Fox considers books that interest the compliance professional, the business executive, or anyone curious. It could be books about business, compliance, history, leadership, current events, or...more

Thomas Fox - Compliance Evangelist

10 For 10: Top Compliance Stories For the Week Ending June 7, 2025

Welcome to 10 For 10, the podcast which brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance brings to you, the compliance professional, the compliance stories you need to...more

Proskauer - Regulatory & Compliance

UK Financial Regulators Drop Diversity and Inclusion Rules but Keep Culture in Focus

On 11 March 2025, the UK’s financial regulators confirmed they have decided not to move forward with proposed diversity and inclusion (D&I) rules for financial firms. This decision in a letter by the Financial Conduct...more

Baker Donelson

Everybody Leads: A Look at Legacy with Synovus Bank's Sarah Duggan

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In a recent episode of "Everybody Leads," Tim Lupinacci spoke with Sarah Duggan about her leadership journey as she prepared to step onto a new path with her retirement. Sarah has spent her career in the bank and lending...more

A&O Shearman

ESAs publish guidelines on exchange of information relevant to fit and proper assessments in the official EU languages

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The European Supervisory Authorities (ESAs) have published joint guidelines on the system established by the for the exchange of information relevant to the assessment of the fitness and propriety in the official EU...more

A&O Shearman

UK authorities respond to Treasury Committee questions about Sexism in the City inquiry recommendations

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The House of Commons Treasury Committee has published letters from HM Treasury, the Prudential Regulation Authority and the Financial Conduct Authority setting out progress made to date in relation to the Committee's "Sexism...more

A&O Shearman

UK Financial Conduct Authority publishes guidance on firms' approaches to Consumer Duty board reports

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The Financial Conduct Authority has published its findings following a thematic review into firms' approaches to completing the first annual Consumer Duty board report. Under the Duty, a firm must prepare a report for its...more

WilmerHale

FCA Survey Results Reveal Rise In Nonfinancial Misconduct

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Make no mistake, nonfinancial misconduct remains at the top of the Financial Conduct Authority's agenda. Originally published in Law360 - November 26, 2024....more

Latham & Watkins LLP

FCA Sets Out Latest Areas of Focus Under the Consumer Duty

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FCA finds firms have been working hard to embed the Duty, but there remains room for improvement. On 20 February 2024, the FCA published more information on the Consumer Duty, including a publication highlighting good...more

Bodman

Unions Are Seeking to Organize in Non-Traditional Industries, Including Financial Services

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Union organizing efforts are not limited to historical union strongholds such as manufacturing, construction, and the public sector. Even though unions currently represent only about 1.3% of the financial services industry,...more

Latham & Watkins LLP

10 Key Focus Areas for UK-Regulated Financial Services Firms in 2024

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In this publication, we explore some of the core focus areas for UK-regulated financial services firms in the year ahead. 2023 saw significant progress on the regulatory reform agenda, and many measures consulted on or...more

A&O Shearman

D&I in FS: how to get a head-start on the FCA and PRA proposals

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This is the last post in our series on the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) proposals to introduce a new regulatory framework on diversity and inclusion (D&I) in the financial...more

A&O Shearman

Setting D&I targets: what the UK regulators expect from financial services firms

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The UK financial services’ regulators have introduced new proposals on setting diversity and inclusion (D&I) targets by firms. These proposals aim to address underrepresentation of particular demographics within firms and the...more

Ankura

Non-Financial Misconduct: Will The Crispin Odey Case Reshape Investigations Into Behavioral Misconduct for the Financial Services...

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It has been a summer of revelations leaving the financial services sector facing uncertainty and increased scrutiny on how allegations of behavioral misconduct might be managed going forward. This came after multiple...more

Health Care Compliance Association (HCCA)

On ethics: Christian Hunt

AT: Before we get into the heart of the interview, I want to make a quick detour into your background. You spent most of your career in the financial services arena, working at UBS, Deutsche Bank, and the United Kingdom...more

Littler

Regulatory Roundup – Key Developments in UK Financial Services

Littler on

In this article, we share a round-up of the key developments from a regulatory perspective for HR Professionals in UK financial services firms. This covers expected changes to the SMCR regime, regulatory remuneration...more

A&O Shearman

UK Launches 2023 Review of Senior Manager's and Certification Regime

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Following the Edinburgh Reforms announcement in December 2022, the review of the Senior Managers and Certification regime has been kicked off with HM Treasury publishing a call for evidence and the U.K. Financial Conduct...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Adopts a New Consumer Duty: Key Implications for Financial Services Firms

The UK’s Financial Conduct Authority (FCA) published final guidance (FG22/5) and a policy statement (PS22/9) for the new consumer duty (Duty) on 27 July 2022. The main rules will come into force on 31 July 2023 for existing...more

Latham & Watkins LLP

10 Key Focus Areas for UK-Regulated Financial Services Firms in 2023

Latham & Watkins LLP on

This annual publication outlines some of the primary focus areas in 2023 for UK-regulated financial services firms. The topics covered in this year’s publication reflect how the fundamental consideration of the direction...more

Goodwin

Back to Work: The FCA'S 2022-23 Priorities for Private Fund Managers

Goodwin on

​​​​​​​The late summer saw the U.K. Financial Conduct Authority issue a “Dear CEO Letter” (the Letter) setting out its Alternatives Supervisory Strategy FCA Portfolio Letter: Our Alternatives Supervision Strategy 2022. With...more

The Volkov Law Group

Wells Fargo’s Woes Continue — A Rotten Culture that Continues to Stink

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It is hard to write yet another posting about Wells Fargo’s misconduct.  Wells Fargo’s troubles continue unabated.  I am not exaggerating — I promise.  Every few months, we hear about another problem, another enforcement...more

BCLP

Measuring and Promoting Inclusion in the Financial Services Sector - New Report and Actions

BCLP on

Following their survey of over 3000 individuals across 13 financial services sector employers, the Financial Services Culture Board (FSCB) and the Financial Services Skills Commission (FSSC) have published a report setting...more

A&O Shearman

Diversity and inclusion in the financial sector – working together to drive change

A&O Shearman on

On 7 July 2021, the UK regulators published a joint discussion paper setting out policy options to drive diversity and inclusion in financial services. In this wide-ranging and significant paper the regulators expressly state...more

BCLP

UK regulators and Bank of England to pool considerable powers and resources to advance D&I

BCLP on

Yesterday’s joint Discussion Paper (DP21/2) published by the Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA, together “the regulators”) on “Diversity and inclusion in the financial...more

Morgan Lewis

UK Financial Conduct Authority Continues Focus on Diversity and Inclusion

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The UK Financial Conduct Authority (FCA) has recently announced that it is considering adding a sixth question on diversity and inclusion (D&I) to its five conduct questions (5CQs). The significance of D&I has long been...more

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