SEC doubles down on off-channel communications settlements
The SEC has denied a motion raised by 16 firms to modify or amend previously agreed settlements for off-channel communication violations that sought to “equalize” their ongoing compliance responsibilities with more recent enforcement cases.
Buying a compliance solution? 4 things to consider before you commit
Choosing a compliance technology vendor can be complex. Global Relay has highlighted four key considerations to bear in mind before you sign.
Game over – Controversial “name and shame” proposals axed by FCA
The U.K. financial regulator has confirmed that it won’t move forward with a policy planned to name firms under investigation following substantial criticism from industry and government figures.
What does the data of 12,000 financial organizations reveal about industry trends?
On February 5, 2025, we were joined by a panel of compliance and surveillance experts to explore top compliance trends, answering questions including whether the FCA is complicating compliance, how AI is being used for surveillance, and if conduct and culture should be high on firm’s agendas.
You’ve (not) got mail – FCA criticized for 12-month email deletion policy
The Financial Conduct Authority’s decision to adopt a policy of deleting “unnecessary” staff emails after 12 months has received criticism, with commenters suggesting it is “one rule for the regulator and another for the regulated.”
FCA ‘name and shame’ proposals deemed “an abject failure” amid ongoing criticism
The Financial Conduct Authority continues to face criticism for its controversial proposals to ‘name and shame’ firms under investigation. With the regulator promising a “different relationship” with the industry, could this mark the end of the unpopular policy?
Hands off – FCA confirms it won’t issue WhatsApp rules for banks
The Financial Conduct Authority has ended years of industry speculation around a potential UK-based compliant communications crackdown by confirming it is “not planning any wholesale rules” around WhatsApp use by firms.
FCA Handbook
Every year, financial advisers require a Statement of Professional Standing to ensure they meet the minimum standards of working. As part of this certification, advisers must keep up with industry updates, and meet ethical behavior standards.
MCOB: mortgages and home finance conduct of business
The UK mortgages and home finance industry has seen significant shifts since the pandemic, notably with interest rates rising and new AI developments for affordability decision-making.
Conduct and culture: A growing focus for U.S. regulators?
Discover how the focus on conduct and culture has developed over the last several years in U.S. financial regulation.
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.