The FCA’s PS25/14 marks a turning point for investment firms, finally severing the awkward ties between MIFIDPRU and the banking-focused UK Capital Requirements Regulation. For compliance teams who have spent years juggling multiple regulatory sources, this is genuinely welcome news.…
The UK’s Financial Conduct Authority (FCA) has confirmed that from 8 October 2025, retail investors will be able to purchase crypto exchange-traded notes (ETNs) via regulated UK exchanges. This development reverses the FCA’s 2021 prohibition and signals a pragmatic evolution in the regulator’s…
Eric Trump’s bold claim last week that cryptocurrencies could “save the US dollar” shows how radically different the United States and the United Kingdom are approaching digital assets. Speaking to the Financial Times, Trump argued that booming demand for bitcoin…
The Bank of England (BoE) has signalled that it may hit the brakes on what was once one of Europe’s most closely watched central bank digital currency (CBDC) projects. Supporters touted the “digital pound” (“Britcoin”) as a way to modernise…
The April 2025 Regulatory Initiatives Grid signals a decisive reset: regulators, steered by the Government’s growth agenda, are pivoting from EU-inherited rules to a leaner, UK-tailored framework. Nineteen new projects flow straight from FSMA 2023’s repeal-and-replace programme, all aimed at…
In the ever-evolving world of cryptocurrencies, the UK’s Financial Conduct Authority (FCA) continues to walk a tightrope between fostering innovation and protecting consumers. As a regulatory expert, I’ve watched with keen interest as the crypto landscape shifts beneath our feet, presenting…
On 13 December 2024, the PRA and FCA published landmark consultation papers on operational incident and third party reporting. These new proposals mark a turning point for UK banks and investment firms, setting out how to report operational disruptions and…
The Financial Conduct Authority (FCA) has released a significant survey that sheds light on patterns of non-financial misconduct across UK financial services firms. This compelling initiative aims to transform workplace culture within the financial services sector. The survey covers over…
Neil Makwana discusses CASS at The Broker Club’s November event. Neil delved into the critical topic of CASS (Client Asset Sourcebook) requirements, which are paramount for regulated firms managing client assets, overnight client positions, or dormant unclaimed funds. Key Highlights:…
On 12 November 2024, the PRA and FCA published new policies on operational resilience critical third parties UK financial sector. This marks a major step for banks and investment firms. The final rules from the Bank of England, PRA and FCA…