Regulation Best Interest
Imagine accidentally revealing something that you were never supposed to share. In a regulated industry like finance, that type of mistake can have severe consequences, which is precisely why FINRA 2210 exists.
Consumer Duty: how does surveillance play its part?
“Eat the frog”. That was the advice from FCA executive, Sheldon Mills, when he told compliant firms to prioritize the most difficult tasks in order to comply with the new Consumer Duty regulation.
Nowhere to hide – FCA reviews state of crypto promotions
The FCA has published a review of whether cryptocurrency firms are meeting its latest rules around marketing and promotions - with many falling short of the required compliance standard.
Bad finfluence – Is influencer marketing worth the risks?
With the FCA having announced court dates for a case against nine social media influencers involved in non-compliant financial promotions, do the benefits outweigh the risks for ‘finfluencer’ marketing?
Is the FCA becoming the ‘Financial Culture Authority’?
A recent speech from the FCA has highlighted culture as an area that organizations need to prioritize. Do rules like the upcoming Consumer Duty indicate that the FCA will be prioritizing culture when it comes to regulatory scrutiny?
Eyes on the prize for the FCA’s new Consumer Duty
The FCA’s Sheldon Mills has set out key steps in the final stages of implementation for the new Consumer Duty, as well as reminding firms about the ultimate benefits of the rule.