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Market Participants Financial Institutions Financial Conduct Authority (FCA)

Skadden, Arps, Slate, Meagher & Flom LLP

FCA’s Approach to Non-Bank Leverage and Implications for Market Participants

On 25 February 2025, Sarah Pritchard, executive director of consumers, competition, and international at the UK Financial Conduct Authority (FCA), delivered a speech at the Investment Association Roundtable where she outlined...more

Womble Bond Dickinson

LIBOR to SOFR – Five Things Every Financial Services Provider Should Know

Womble Bond Dickinson on

1. What is LIBOR and why is it going away? The London Interbank Offered Rate, or “LIBOR,” is a reference rate commonly used in a broad range of financial contracts. In fact, it serves as a reference rate for tens of...more

Proskauer Rose LLP

FCA Urges Firms to Fight Financial Crime with Technology

Proskauer Rose LLP on

According to Megan Butler, Executive Director of Supervision at the UK Financial Conduct Authority (FCA), financial crime is big business; the estimated annual cost of fraud is £190 billion. In Butler’s view, although...more

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