LC Podcast: Shades of Green: How Sustainability is Hitting Financial Services
Leaman Crellin
Leaman Crellin is a team of regulatory compliance experts with over 150 years of combined experience in top financial institutions and regulators.
The FCA’s sustainable revolution
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…
The New Financial Services and Markets Act
On 29 June 2023 the Financial Services and Markets Act received Royal Assent. We’ve summarised the highlight’s for you here and are already looking forward to blogging on some of the more interesting details. Critical third parties The Treasury can…
50 Shades of Greenwashing – Let’s Talk Dirty
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…
What happens on 31 July?
With the end of the month approaching fast, we can all be forgiven for focussing on the here and now, and not thinking what happens next? Yet if you can take a few moments to pause and do just that…
Combatting Crypto Fraud in 10 Steps
Responsibility to counter crypto scams lies with each actor in the value chain, not just crypto exchanges; education could benefit consumers more than bans. WESTPAC’S EFFECTIVE BAN ON CRYPTO TRANSFERS Reading this article got me thinking about crypto-fraud prevention and…
Compliance Lessons from Jules Vernes
Sheldon Mills – the FCA’s Executive Director, Consumers and Competition – gave a speech in which he focused on some key Consumer Duty observations, seeing as the main deadline is 31 July. The points he made were useful, of course,…
Welcome to the LC podcast
Is Consumer Duty teeing up for something bigger ahead?
The new Consumer Duty feels different The changes the financial industry is implementing under the new Consumer Duty (‘the Duty’) feels very different to the usual big regulatory change projects we have been used to in previous years. The FCAs…
Consumer Duty 5 Quick Tips
Tip One: Don’t assume you currently do enough This is more than TCF because TCF does not require that firms factor in behavioural biases at every aspect of the customer journey – like you need with the Consumer Duty. Moreover,…