“Pro-active and enthusiastic’ team.”
The extensive changes in financial services regulation during 2013/2014 have created new challenges for all involved in the area. Our Financial Services Compliance team, which combines the expertise of our FCA and CCA specialists, is able to advise the full range of affected clients on the practical steps required to make sure they are compliant with all relevant issues, including items such as Data Protection Act (DPA), Anti-Money Laundering (AML) Legislation and Bribery Act requirements, as well as general FCA rules and guidance.
Specific areas include:
Our financial services compliance clients include:
We also provide advice on regulatory issues, including FCA, CCA, DPA and AML compliance, to numerous commercial providers of goods and services who are involved on the periphery of financial services, whether as funders for their own products or as credit brokers.
Examples of where our advice has recently proved invaluable to our clients include:
This little grenade from the Court of Appeal seems to resolve the long running argument but is it just a procedural requirement or a fundamental legal precursor to any subsequent action on the part of the funder?
The government have provided that by 2018 the Senior Managers Regime (SMR), Certification Regime (CR) and Conduct Rules will apply to all firms authorised by the FCA.
The widespread adoption of a new funding model for major infrastructure projects across the UK may have moved a step closer thanks to a key decision that has come to light.
The House of Commons Treasury Committee has just published its Report on Digital Currencies – or as it now prefers to call them "crypto-assets" as they are not really currencies at all, at least not at the moment.
We provide an update on the delayed consultation paper on the new regulatory regime for Consumer Credit.
We consider the recent FSA announcement that it had reached an agreement with Barclays, HSBC, Lloyds and RBS to provide appropriate redress where mis-selling of IRSAs has occurred.
The recent case of Bank of Ireland (UK) Plc v McLaughlin (2015) identified two very important issues for personal guarantors guaranteeing corporate liabilities.
The Court of Appeal continue to deliberate on the central issue of s.77A Consumer Credit Act raised in NRAM plc v McAdam and another  EWHC 4174 (Comm).
The Business Exemption has recently come under scrutiny in the Courts.