Blog
Press Round-Up: Regulatory and Professional Discipline – May 2026
Jack Garden
18 December 2015
Strengthening accountability in banking: FCA issues final rules for UK branches of foreign banks
With the advent of the Senior Managers and Certification Regimes soon upon us, the Financial Conduct Authority (FCA) has issued a policy statement that sets out the final rules for the application of the new accountability framework for individuals working in the UK branches of overseas banks (incoming branches). Accordingly the position in relation to the application of the Senior Managers Regime (SMR), Certification Regime (CR) and Conduct Rules to incoming branches and their staff is now clear.
17 December 2015
FCA Consultation on MiFID II
The Financial Conduct Authority (FCA) has launched a consultation on MiFID II.
9 December 2015
Bribery and corruption: 2015 - a year in review
As today marks International Anti-Corruption day, Áine Kervick presents a year in review to reflect key milestones and developments in this field.
30 November 2015
First deferred prosecution agreement approved
The first Deferred Prosecution Agreement (DPA) was approved today by Sir Brian Leveson, the President of the Queen’s Bench Division. The agreement is with Standard Bank Plc (now known as ICBC Standard Bank Plc) and relates to the activities of a subsidiary in Tanzania. As well as being the first ever DPA, the case also breaks new ground since it is the first case in which a company has been brought before the courts for an offence under Section 7 of the Bribery Act 2010, which penalises a failure by a company to prevent corruption.
11 November 2015
FCA seeks views on the new Market Abuse regime (MAR)
Market Abuse Regulation (Regulation 596/2014) (MAR) sets out a new regime for tackling unlawful behaviour” in financial markets. This EU Regulation will apply from 3 July 2016 and covers insider dealing, market manipulation and the improper disclosure of inside information.