John Griffith-Jones, chair, FCA, has given a speech on global regulation in the post-crisis era at TheCityUK annual conference. In his speech, Mr Griffith-Jones highlighted the importance of cooperation between the UK Government, the financial industry and financial regulators to create a wholesale domestic marketplace in the face of the uncertainty caused by the recent […]

On 21 April 2016, the FCA published a speech given by Tracey McDermott, FCA acting Chief Executive, (on 13 April 2016) on the regulation of advice following publication of the FINANCIAL ADVICE MARKET REVIEW (FAMR) recommendations. Among other things, Ms McDermott announced the timing of a number of FCA initiatives to take forward the FAMR […]

The FCA is considering the future of AML regulations and has published a speech by Rob Gruppetta, the head of the FCA’s financial crime department, in which Mr Gruppetta considers: the Fourth Money Laundering Directive (MLD4); the proposed new FCA financial crime data return, on which it is currently consulting; the senior managers regime (SMR) […]

Jamie Symington, director in enforcement (wholesale, unauthorised business and intelligence), FCA, has given a speech on internal investigations conducted by firms of their own affairs when things have gone wrong. The speech includes a number of points of interest: the importance of early engagement with the FCA to discuss the proposed scope of the firm’s […]