The FCA has published a high-level guide to financial crime for consumer credit firms. The guide includes examples of good and poor practice for firms under the Money Laundering Regulations 2007 and guidance on steps that firms can take to reduce financial crime risk. The guidance is arranged thematically, by reference to risk assessment, policies […]

On 4 July 2016, Standard Life Investments suspended trading as a result of investors flooding the gates for redemptions. Several other funds such as M&G and Aviva Investments followed suit throughout the same week. The decision to suspend redemptions by these large property funds has triggered discussions surrounding the fate of the property market and […]

On 7 July 2016, the Financial Conduct Authority (FCA) published its finalised guidance (the Guidance), “FG16/5 – Guidance for firms outsourcing to the ‘cloud’ and other third-party IT services”. http://bit.ly/29ofvk8 http://bit.ly/2a4UhDH FCA Guide Aims The Guidance aims to clarify the requirements on firms when outsourcing to the cloud and other third-party IT service providers. It […]