News & Analysis as of

Financial Services Industry Recordkeeping Requirements Financial Conduct Authority (FCA)

Hogan Lovells

Payments and e-money: UK FCA publishes policy statement on changes to safeguarding regime

Hogan Lovells on

The FCA believes that some payments firms do not currently have sufficiently robust safeguarding practices. This poses a risk of harm to consumer and market integrity that the FCA is seeking to mitigate. ...more

Hogan Lovells

UK FCA extends timeline for review of motor finance commission arrangements

Hogan Lovells on

Following the January 2024 launch of a review of historical motor finance commission arrangements and sales across several firms, the FCA has announced that it now plans to set out the findings from the review in May 2025...more

Morrison & Foerster LLP

Updated COVID-19 Guidance From The Financial Conduct Authority

During the first week of June, the Financial Conduct Authority (FCA) issued two publications on COVID-19-related matters that will be of particular interest to FCA-authorised firms (“Firms”), including payment services firms...more

Akin Gump Strauss Hauer & Feld LLP

Senior Managers and Certification Regime

The commencement date of 9 December 2019 for the extension of the Senior Managers and Certification Regime (SMCR) to solo-regulated firms is fast approaching. The SMCR will replace the existing Financial Conduct Authority...more

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