This podcast is supported by the article below. It’s encouraging to hear about progress being made by financial institutions on their attempts to resolve the environmental crisis, however, there is still too little being done about the most critical piece…
The FCA’s Consumer Duty is live. This duty sets out higher standards of consumer protection for all firms that provide financial services to retail customers. The Consumer Duty requires firms to put the needs of their customers first, and the…
Introduction In recent years, the financial services sector has witnessed a series of regulatory fines imposed on firms due to inadequacies in maintaining comprehensive records of employee electronic communications (e-comms). The latest news involves a new round of fines totalling…
Introduction The FCA’s Consumer Duty is live. This duty sets out higher standards of consumer protection for all firms that provide financial services to retail customers: the new bosses in financial services. The Consumer Duty requires firms to put the…
Some thoughts on the FCA CEO’s recent speech entitled “Our emerging regulatory approach to Big Tech and Artificial Intelligence.” Summary of the FCA’s Approach Here is a short recap, although the speech is a short 5-minute read: Specific Risks What…
Introduction The post-pandemic cost of living crisis and the recent interest rate increases have both put a damper on living standards, not only in the UK, but globally. According to the Office of National Statistics, 4 in 10 adults are…
Knock Knock! Who’s there? It’s an AI bot, here to inform you that the EU regulator is on their way to tell you that you have ten days to substantiate your eco claims or else face penalties that could turn…
Building a blueprint for trust, innovation and a green future Last month, the Financial Conduct Authority (FCA) published its 2023/24 Business Plan, committing to build trust and drive innovation towards a sustainable financial system. The Plan aims to promote cultural…
Whisper sweet nothings in my ear, but let’s keep it clean. While I love hearing about your passion for the environment and your particularly impressive investments in sustainable projects, I don’t want to discover that behind the green facade, you…
