i-law

Compliance Monitor

Apple for the regulator? Industry delivers FCA mainly positive report-card

Though survey respondents at UK financial services firms broadly agree that the regulator is performing its functions well, they gave lower scores for promoting competition effectively. There are also concerns about the regulatory reporting burden, whether innovation is being supported adequately, as well as the complexity of FCA communications.
Online Published Date:  06 August 2019

Further 18-month ‘plan’ granted to implement Strong Customer Authentication

After firms were found to be struggling to implement the EU’s StrongCustomer Authentication rules, the FCA has agreed a plan to give the payments and e-commerce industry extra time to apply multi-factor customer authentication requirements.The new..
Online Published Date:  15 August 2019

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