The FCA’s 2025/26 Annual Work Programme introduces several completely new initiatives this year: 1. Remove administrative burdens A new platform, My FCA was launched on 31 March 2025, aiming to simplify interactions with the FCA and provide a better user…
A robust compliance risk assessment isn’t just about identifying risks—it’s about understanding how to manage them effectively and demonstrating you have thought about potential scenarios and planned how to control their effects. From my experience, successful assessments rely on honesty, precision, and a prevention-first…
In today’s rapidly evolving regulatory landscape, compliance isn’t just a back-office function—it’s a business-critical asset that protects firms from financial, operational, and reputational risks. However, many compliance teams struggle to gain board-level buy-in for the training, consultancy, and resources they need to…
Our very own Neil Makwana, a CASS and Compliance expert from Leaman Crellin, delivered an insightful presentation at The Broker Club’s November event. Neil delved into the critical topic of CASS (Client Asset Sourcebook) requirements, which are paramount for regulated…
Drawing on decades of experience, Katharine shares key insights from her regulatory and commercial background with Graham Jelf of the LBMA. Together, they explore the impact of the Fair and Effective Markets Review (FEMR), the critical importance of senior management…
A robust compliance risk assessment isn’t just about identifying risks—it’s about understanding how to manage them effectively and demonstrating you have thought about potential scenarios and planned how to control their effects. From my experience, successful assessments rely on honesty, precision, and a prevention-first…
A Regulatory and Compliance Perspective in the UK Financial Services Sector In an era marked by technological advancements, regulatory scrutiny, and increasing market volatility, the concept of operational resilience has taken centre stage within the UK financial services sector. For those…
As the year draws to a close and the holiday season approaches, I find myself reflecting on the many challenges and triumphs we have faced in the compliance field. From navigating the complexities of regulations to ensuring the ethical conduct…
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,…
In this blog we look at how management of compliance risk, and hence compliance departments, have evolved over recent decades and how they fit into ERM (Enterprise Risk Management) frameworks increasingly expected by regulators. History Financial institutions have always had…