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United Kingdom FinTech Financial Crimes

A&O Shearman

UK FCA Financial Crime Guide consultation: more obligations, or old news?

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As financial crime compliance pressures grow, the UK Financial Conduct Authority (FCA) continues to emphasise the significance of its Financial Crime Guide (FCG) as part of the overarching regulatory framework for financial...more

A&O Shearman

Our top ten enforcement takeaways from the FCA Business Plan 2024/25

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The UK Financial Conduct Authority (FCA) has published its business plan for 2024/25. Reducing and preventing financial crime, championing consumer needs and strengthening the UK’s position in global wholesale markets all...more

A&O Shearman

Key Regulatory Topics: Weekly Update 8 - 14 Mar 2024

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There were some key publications this week in relation to financial crime, including a Commission request for the EBA to advise on standards and guidelines under the future AML/CFT framework in Europe and, in the UK, an HMT...more

A&O Shearman

Key Regulatory Topics Weekly Update 16 February to 22 February 2024

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Of particular note this week in the EU, the Council adopted the legislative package to strengthen market data transparency which includes changes to the EU’s trading rules on market data, payment for order flow and commodity...more

American Conference Institute (ACI)

[Event] 2nd Forum on Digital Assets Compliance: AML, Sanctions and Regulatory Oversight - October 17th - 18th, New York, NY

With so many new, emerging risks coming to the forefront, ACI is excited to announce our Digital Assets Compliance: AML, Sanctions and Regulatory Oversight. Unlike other conferences, this highly anticipated event stands apart...more

A&O Shearman

UK Treasury Committee Makes Recommendation for Future Regulatory Framework Review

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The House of Commons Treasury Committee has published a report on the Future of Financial Services Regulation setting out its view on the priorities for regulatory change in the U.K. now that the U.K. has left the EU. The...more

A&O Shearman

UK Financial Conduct Authority Acts to Improve Financial Crime Issues at Challenger Banks

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The U.K. Financial Conduct Authority has published the findings of its multi-firm review into financial crime controls at challenger banks. The FCA undertook the review in 2021 in response to the 2020 National Risk Assessment...more

A&O Shearman

Key Regulatory Topics: weekly Update 15 October to 21 October 2021

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Of particular note this week, HM Treasury published a policy paper on ‘Greening Finance: A Roadmap to Sustainable Investing’ which sets out the UK government’s ambition to support the financial services sector to align with...more

A&O Shearman

Key Regulatory Topics: Weekly Update April 2021

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This week’s update includes, among other key items, the FSB’s report on its evaluation of the effects of too-big-to-fail reforms for systemically important banks. This report, alongside the FSB’s report on Covid-19 support...more

A&O Shearman

Key Regulatory Topics: Weekly Update 19 - 25 March 2021

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HoL EU Services Sub-Committee report on trade in services On 24 March, the HoL European Union Committee published a new report on UK-EU trade in services. The report concludes that despite the agreement of the Trade and...more

A&O Shearman

Key Regulatory Topics: Weekly Update March 2021 #3

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Brexit - Please see the Other Developments section for the MoU agreed between the ECB, FCA and BoE on post-Brexit supervisory cooperation, effective from 1 January. ...more

A&O Shearman

Key Regulatory Topics: Weekly Update 26 Feb - 4 Mar 2021

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Brexit - FCA provides information on the Temporary Permissions Regime (TPR) On 3 March, the FCA published new webpages providing information on the TPR. Firstly, the FCA published a webpage on how it will supervise firms...more

Hogan Lovells

Financial institutions general regulatory news, September 2020 # 3

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The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 - The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 (SI 2020/991) have been published, together with an...more

Hogan Lovells

Financial institutions general regulatory news, September 2020

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SMCR extension: SI extending implementation date made - The Bank of England and Financial Services Act 2016 (Commencement No. 6 and Transitional Provisions) (Amendment) Regulations 2020 (SI 2020/929) have been made....more

A&O Shearman

Key Regulatory Topics: Weekly Update

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PUBLICATIONS - APAC Financial Regulatory Focus: Expected Developments in the Year of the Rat - As we move into the year of the rat, our team across Asia Pacific consider some of the key areas of financial regulatory...more

A&O Shearman

Key Regulatory Topics: Weekly Update 24 January - 30 January 2020

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SEMINARS - You ain’t seen nothin’ yet: countdown to Brexit (27 February) Continuing our series of talks on the implications of Brexit for financial services providers, focusing in particular on EU banks, we will discuss...more

A&O Shearman

Key Regulatory Topics: Weekly Update 17 January - 23 January 2020

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SEMINARS - You ain’t seen nothin’ yet: countdown to Brexit (27 February) Continuing our series of talks on the implications of Brexit for financial services providers, focusing in particular on EU banks, we will discuss...more

A&O Shearman

Key Regulatory Topics: Weekly Update 10 January - 16 January 2020

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BREXIT - Please see our section on Other Developments for the FCA’s regulation round-up for January which updates on the FCA’s Brexit implementation activities. EC publish slides on the future relationship between the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 20 December 2019 - 9 January 2020

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BREXIT - Please see the Markets and Markets Infrastructure section for the publication of Commission Implementing Decision (EU) 2019/2211 on CCP regulatory framework equivalence in the OJ and ESMA’s related amended...more

Latham & Watkins LLP

10 Key Regulatory Focus Areas for UK/European Wholesale Markets in 2020

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In last year’s publication and in our mid-year progress report, we highlighted the top regulatory focus areas for our clients during 2019, concentrating on wholesale market structures and conduct risk. This publication...more

A&O Shearman

Key Regulatory Topics: Weekly Update 13 December 2019 - 19 December 2019

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CAPITAL MARKETS - Please see Conduct for an update on the IOSCO report on conflicts of interests and risks during the debt capital raising process - FCA publish Primary Market Bulletin - On 17 December 2019, the FCA...more

A&O Shearman

Key Regulatory Topics: Weekly Update 6 December 2019 - 12 December 2019

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BREXIT - Please see the Consumer/Retail section for an update on the FCA’s Quarterly Consultation Paper, which discusses Brexit-related changes to the Handbook & new EU binding technical standards (BTS) following the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 15 November 2019 - 21 November 2019

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BREXIT - EC outlines plans for sustainable finance and proposes extension to the temporary equivalence regime for UK CCPs post-Brexit - On 15 November, the EC published a speech by Mr Dombrovskis, European Commissioner...more

A&O Shearman

Key Regulatory Topics: Weekly Update 25-31 October 2019

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BREXIT - Please refer to the Markets and Markets Infrastructure section for an update regarding the made Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment etc and Transitional...more

A&O Shearman

Key Regulatory Topics: Weekly Update 18 – 24 October 2019

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BREXIT - The Financial Services (Miscellaneous) (Amendment) (EU Exit) (No.3) Regulations 2019 On 24 October, the Financial Services (Miscellaneous) (Amendment) (EU Exit) (No.3) Regulations 2019 were made, and an...more

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