i-law.com - Newsletter (Compliance Monitor)

: Firms told to study the effect of five UK equivalence decisions on post-Brexit business; Online Published Date : 11 November 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: Compliance team had minimal role in broker firm fined £3.4m over fictitious trades; Online Published Date : 25 November 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: Firms to be invited to join industry working group on productive finance; Online Published Date : 01 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: FCA underlines benefits of RegData as Gabriel migration moves into final stages; Online Published Date : 01 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: Payment deferrals to end in July 2021 under Covid consumer-lending guidelines; Online Published Date : 01 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By NeasaMacErlean

: Mortgage guidance updated for borrowers with Covid-related payment problems; Online Published Date : 02 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: FCA calls halt to projects on Single Cash Savings Rate and banning Platform Exit Fees; Online Published Date : 02 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: FCA to discuss status of MiFID II transparency calibrations with trading venues; Online Published Date : 02 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; By Neasa MacErlean

: Autumn leaves: papers on insurance governance; Online Published Date : 07 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; A flurry of recent documents from the Financial Conduct Authority have targeted the insurance industry’s product governance with a series of reporting and value measures. Adam Samuel rakes through the implications for firms.

: Two roads diverge – but by how much?; Online Published Date : 07 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; The United Kingdom is about to forge its own path outside the European Union but, for financial services, much will depend on whether Britain’s future regulatory regime will continue to align, or cut loose and risk being deemed not ‘equivalent’ in prescribed areas by the EU. Neasa MacErlean discusses different approaches in view.

: Perspectives on fitness and propriety assessments; Online Published Date : 07 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; Though the deadline to complete their first round of F&P assessments has been pushed back to the end of March, solo-regulated firms have this issue high on their agenda. Jill Lorimer and Nick Ralph provide practical tips from regulatory and employment law points of view.

: Operational resilience proposals: prepare for the worst; Online Published Date : 07 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; Severe disruptive events are inevitable and financial institutions must plan for maintaining supply of their core products and services, say the UK regulators. Steven Francis and Sara Evans discuss the proposed operational resilience regime, its most challenging aspects and what firms can work on right away.

: Navigating regulation in 2021; Online Published Date : 08 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; The final Brexit negotiations are going down to the wire and the pressing question for financial services businesses is simple – ‘What rules do I follow?’ Emma Radmore outlines what the regulators have been doing and what firms should be attending to now.

: Complying with SMCR during coronavirus; Online Published Date : 08 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; Acknowledging the unusual pressures that financial institutions havefaced this year, the regulators have sought to uphold the objectives of the Senior Managers and Certification Regimewhile also providing guidance and some flexibility. Charlotte HillandDanielHirschfield report on firms’ governance arrangements amid the Covid-19crisis.

: Silence in the City – whistleblowers in the wilderness; Online Published Date : 08 December 2020 | Appeared in issue: Vol 33 No 4 - 11 November 2020; Despite financial services firms’ legal and regulatory obligations, employees who raise misconduct concerns about their workplace report that reprisals are still commonplace. Denis O’Connor examines the latest findings from whistleblowing charity Protect.