On July 1, the UK Financial Conduct Authority (FCA) published a speech by Nausicaa Delfas, the FCA’s Executive Director of International, exploring a ‘new era’ of financial regulation for the UK (the Speech).
Continue Reading FCA Speech on the UK’s Financial Regulatory System Following the Brexit Transition Period

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate & Financial Weekly Digest. This week, Neil Robson, Nathaniel Lalone and Carolyn Jackson explain the implications of a number of recent UK Government announcements regarding its proposals to make certain financial services regulatory

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate & Financial Weekly Digest. This week, Carolyn Jackson speaks on the obligation of financial counterparties (FCs) to mandatorily report OTC derivatives transactions on behalf of their non-financial counterparties (NFCs)-counterparties commencing June 18, 2020; Nathaniel

On June 10, the UK Financial Conduct Authority (FCA) published an “insight article” on individual conduct and firm workplace culture during the COVID-19 pandemic (the Article). Such “insight articles” are not FCA guidance and do not necessarily represent the FCA’s official view on a topic — they are intended merely to stimulate public debate on key regulatory topics.
Continue Reading FCA Publishes Insight Article on Conduct and Culture during the COVID-19 Pandemic

On May 27, the UK’s Financial Conduct Authority (FCA) published a new webpage that sets out its approach to individual’s continuing professional development (CPD) (the Webpage).

According to the Webpage, the FCA expects firms to demonstrate that individuals remain competent to carry out their work and that individuals should continue completing CPD during the COVID-19 pandemic. However, the FCA notes that there could be exceptional circumstances when individuals may struggle to complete the required minimum CPD hours.
Continue Reading FCA Statement on Continuing Professional Development During the COVID-19 Pandemic