Regulators playing catch up with AI governance
Artificial intelligence (AI) is the simulation of human intelligence processes by machines. It is a…
Browsing: Regulatory General
FCA review of enforcement
In February 2024, the FCA published CP24/2: Our Enforcement Guide and publicising enforcement investigations –…
Firms having to take a long hard look in the mirror over fees and interest payments
Many changes to the financial industry have been implemented because of the new Consumer Duty…
Advice v Guidance
This has been a question that the financial services industry has been struggling with over…
Integrity, Integrity, Integrity
I previously wrote an article entitled It’s Just Human Nature, with examples I had come…
Regulators turn their attention to ‘Critical Third Parties’
In a paper published on 7th December, the Bank of England, as well as both…
Transitioning from Solvency II to Solvency UK
“Solvency II sets out regulatory requirements for insurance firms and groups, covering financial resources, governance…
Evidencing Consumer Duty, are we there yet?
Now the Consumer Duty (CD) regulation is live and the project teams, so busy for…
Consumer Duty shaping the boundaries for advice
On 9th December 2022, the Chancellor announced the ‘Edinburgh Reforms’ as part of a multi-step…
So, where are we now?
We are almost two months on from 31 July 2023 deadline for implementing all the…