Blog
Kingsley Napley’s Medical Negligence Team ‘walks together’ with the Dame Vera Lynn Children’s Charity
Sharon Burkill
1 September 2015
Anti-Money Laundering: under review
The Government’s latest step in its Cutting Red Tape review programme focuses on the regime to prevent money laundering and terrorist financing. Louise Hodges looks at the review and how preparations for the Fourth Money Laundering Directive are to be set in train.
24 June 2015
Fraudsters on the inside
There has long been a call to make the reporting of fraud a compulsory requirement, akin to the suspicious activity reports regime in money laundering, so that we have a full picture of the amount of fraud that goes on.
27 March 2015
FCA targets financial crime in new business plan
The FCA has published its 2015/16 business plan, a weighty document setting out its strategy and priorities for the next 12 months...
5 March 2015
Banking Regulation: Senior Managers and Certification Regime – timetable announced plus extension to include UK branches of foreign institutions
A written statement by the Economic Secretary on 3 March 2015 announced the timetable for the introduction of the Senior Managers and Certification Regime (SM&CR) under the Financial Services (Banking Reform) Act 2013. The Government also announced that following a period of consultation it had decided to extend the SM&CR to UK branches of foreign institutions.
24 February 2015
Senior Managers Regime: Tougher regulation of senior bankers and non-executive directors (NEDs) confirmed
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published a paper 24 February 2015 entitled “Approach to non-executive directors in banking and Solvency II firms & Application of the presumption of responsibility to Senior Managers in banking firms” (referred to here as “the New Consultation”).