MiFID II: The Saga Continues [Video]

By Alexandra Filippova on January 17, 2018

3 January 2018 saw the implementation date for the Markets in Financial Instruments Directive II (MiFID II). After years of work, financial firms faced a last-minute dash at the end of 2017 to finalise their compliance…

FCA platform inquiry poses new threat to fund marketers

By David Prosser on December 28, 2017

Having spent years sticking it to the banks, City regulators have shifted their sights to other areas of the financial services sector in recent times, with fund managers in particular feeling the hot breath of the…

It is about the money, active fund managers: we care about the price tag

By David Prosser on June 28, 2017

Another day, another nail in the coffin of active investment management – or at least of those active managers who can’t make a coherent and convincing case for why investors should give them the time of…

Compliance: How to use artificial intelligence to Know Your Customer

By Graham Jarvis on March 2, 2017

Financial services organisations have since the financial crisis in 2008 had to respond to a stricter regulatory compliance regime. This has led to the introduction of technologies that automate processes such as Know Your Customer (KYC)…

Opportunity from adversity: why fund managers should welcome the FCA’s criticisms

By David Prosser on January 10, 2017
FCA Criticism

The Financial Conduct Authority’s interim report on the asset management sector could hardly be more damning. It accuses fund managers, particularly those who run active funds, of failing to do their job properly (since so few…

Has the FCA Forgotten Regulation as it Promotes Innovation?

By David Prosser on June 7, 2016
FCA regulation

The UK’s financial services regulator deserves credit for the way in which it has proactively sought to support innovation. The Financial Conduct Authority’s determination not to get in the way of technologies that promise huge benefits…

The dark side of tech innovation: FCA flags five big risks

By Hannah Smith on May 24, 2016
tech innovation risk

Most in the financial services industry love to moan about the FCA. Although there are many reasons you might not love the regulator, you can’t argue that it’s pretty forward-thinking when it comes to fintech. In…

FCA ‘Regulatory Sandbox’ Enables Financial Firms to Test New Ideas

By Hannah Smith on December 8, 2015

The FCA is showing it takes its mandate to foster competition within financial services seriously with the launch of a new initiative. The regulator has unveiled plans for what it calls a ‘regulatory sandbox’. Just as…