On 5 April 2023, the FCA published its Business Plan for 2023/24, outlining its work over the next 12 months to help deliver its commitments

March was a rollercoaster in financial markets. The failures of Silicon Valley Bank (SVB), Signature Bank, and, more recently, Credit Suisse sent shock waves through

The three elements of GRC play the following roles in a company. Governance captures a company’s overall system of rules, regulations, practices, and guidelines to

With six months to go before the Consumer Duty Regulation comes into force, the Financial Conduct Authority (FCA) published the results of its review of

At The GRC Network, our annual tradition this time of year is to set the tone with the key regulatory themes in the year ahead.

The FCA published its final plans, the Policy Statement and Finalised Guidance, on 27 July 2022 with their new Consumer Duty, introducing a higher level

In April, the FCA published its three-year Strategy, setting out how it will achieve better outcomes for consumers and markets throughout the UK. Alongside that,

In response to the situation in Ukraine, the UK announced increased sanctions applicable to Russia on 24 February 2022. The Prime Minister who announced these described by

At The GRC Network, our tradition for every new year is to set the tone with the key regulatory themes in the year ahead. We

On 3 November 2021, the FCA published its strategy on ESG, which was timed to coincide with COP26 Finance Day. The strategy outlines how the

On 15 September 2021, the FCA published the Consumer Investments: Strategy and feedback Statement, giving more detail on its plans to tackle investment harm. The purpose

On 15 July 2021, the FCA published its long-awaited annual Business Plan for 2021-22. The new Plan restates the FCA’s aim to become a forward-looking,

The FCA recently published its Dear CEO letter (dated 21 May 2021) issued to retail banks requesting for the firms to identify and address common control failings

On 24 May 2021, the PRA published its business plan for 2021/22. The plan covers sets out the PRA’s strategic goals for the coming year, its

The FCA launched the second phase of its proposed rules for the UK Investment Firm Prudential Regime (“IFPR”) by publishing the Consultation Paper 21/7: A new UK prudential regime for MiFID investment

On 29 March 2021, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published their final policy statements on operational resilience following their consultations papers issued in December 2019. The new

Sustainable Finance Disclosure Regulation (SFDR) is also known as the ESG Disclosure Regulation, and the kickstarts the regulator’s initiative to make ESG into hard law.

In 2020, COVID-19 dominated everything, sweeping away all regulatory plans for the year with regulators focusing on providing support to both firms and their customers.

The FCA has begun surveying solo-regulated MiFID investment firms and  CPMI firms in its preparation for the new prudential regime, EU’s Investment Firm Directive and

The month of October was a busy month for the regulators, PRA and FCA who issued Dear CEO letters to financial institutions on their final

On the 10th September, The FCA published its Annual Report and Accounts which looks back on their key pieces of work throughout 2019/20. In this month’s