9 November 2020
Non-financial misconduct is misconduct, plain and simple
The FCA announced on 5 November that it has banned three individuals from working in the financial services industry for non-financial misconduct.
13 October 2020
Fitness and propriety investigations: practical considerations
How should regulated firms respond when issues come to light which call into question the fitness and propriety of a member of staff? In the second part of their series of fitness and propriety blogs, Jill Lorimer and Nick Ralph consider best practice. You can read the first part of the series by clicking here.
7 October 2020
FCA issues new guidance on fitness and propriety assessments in the financial services sector
The Financial Conduct Authority (“FCA”) has recently provided information to their regulated firms as to good and bad practice relating to, amongst other things, the carrying out of fitness and propriety (“F&P”) assessments.
31 July 2020
The new cryptoasset promotions consultation: widening the perimeter of FCA regulation
Research recently undertaken by the FCA has found that 5.35% of the UK population hold (or have previously held) cryptoassets where in 2019 this figure was 3%. For several years now the Government, the Bank of England and the FCA have been consulting on and considering how best to regulate this burgeoning market.
19 June 2020
Inappropriate behaviour - when the past is not left in the past
The news that Stephen Jones, head of UK Finance, has quit over "thoroughly unpleasant" personal comments he made in 2008 about financier Amanda Staveley, is a stark reminder to executives that their past behaviour may one day come back to haunt them.
