FCA Compliance

In a recent speech, the FCA looks at the current critical issues in financial services, including the cost of living crisis and how its new Consumer Duty will ensure firms take into account ‘good outcomes’ for consumers.

Our Development Zone Course of the Month for April is ‘SM&CR – Individual Conduct Rules’. The Conduct Rules set out the basic standards of personal conduct that individuals working in financial services are expected to abide by and apply to almost all staff who carry out financial services roles within a firm.

The FCA has published its business plan for 2022/23, in which it outlines the work it will undertake over the next 12 months to help deliver the commitments set out in its recent three-year strategy.

The FCA has published a consultation on rates for its regulatory fees and levies in the 2022/23 financial year.

The FCA has set out a three-year strategy to improve outcomes for consumers and in markets. The new strategy, which covers the period 2022 to 2025, prioritises resources to prevent serious harm, set higher standards and promote competition and positive change.

Businesses can sometimes be afraid to talk about protected characteristics for fear of ‘getting it wrong’ or causing offence. Laura Findlay discusses why firms should tackle challenging conversations around Diversity, Equality, and Inclusion instead of avoiding them, as well as championing awareness, training, and competence.

“You never get a second chance to make a first impression so make it one that will set you apart.” Katherine Watkins explains the importance of brand in a competitive market.

Lloyd's of London has issued a fine of £1,050,000 to a member firm over bullying and misconduct. It is the largest ever imposed by Lloyd's independent disciplinary committee and its first for non-financial misconduct.

Alexandra Brown joined RWA as a Client Engagement Associate in late 2021. Here she discusses her role and the support she will be offering to Aviva Development Zone clients.

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