FSR and Corporate Crime Notes

Forthcoming financial services regulatory developments - December 2021 and January 2022

Corporate Crime update - January 2018

Welcome to the January 2018 edition of our corporate crime update - our round up of developments in relation to corruption, money laundering, fraud, …

Problems with unit-linked products

Unit-linked insurance products have recently given rise to a number of regulatory issues. These cover: mis-selling; the responsibility of the insurer …

Anti-money laundering and anti-bribery systems and controls at asset management firms: FCA thematic review

In October 2013, the Financial Conduct Authority (FCA) published the much-anticipated report of its thematic review into anti-money laundering (AML) and …

A new statutory cause of action against credit rating agencies – inconsistent messages from Europe

On 31 May 2013, new European legislation was passed to amend the Regulation on credit rating agencies which was first introduced in the aftermath of the …

The FCA's financial crime priorities

The Financial Conduct Authority ("FCA") recently published two documents which provide additional information about its current supervisory and …

FCA takes court action against operators and promoters of unauthorised CIS

The FCA is continuing its clampdown on Collective Investment Schemes ("CISs") being operated and/or promoted without the requisite authorisations, with a …

SFOUpcoming Webinar "The Bribery Act: An Update"

Thursday 14 February 2013 9:30 - 10:30am UK time The Bribery Act 2010 has now been in force for over 18 months. In this round-up webinar we will look at: …

Temporary Product Intervention Rules: inadequate safeguards

The FSA is consulting (as it is required to do under the Act) on the new power given to the FCA under the Financial Services Act 2012 to issue temporary …

DPAs for the FCA? A New Year's enforcement treat

As New Year's resolutions go, "read Schedule 16 to the Crime and Courts Bill" may not have been top of anyone's list.  Buried, however, in the …

UK regulatory reform: should the new regulators be given power to investigate possible offences under s.352 of FSMA?

Lord Turner recently informed the Chairman of the Treasury Committee that the FSA was unable to use its powers to extend an internal FSA leak inquiry to …

Dear CEO: please confirm your asset management firm has identified and mitigated the risk of conflicts of interest between it and its customers

Conflicts of interest between asset managers and their customers: Identifying and mitigating the risks is a 'Dear CEO' publication in which the FSA …