On 15 July 2025, Rachel Reeves, set out the government’s next steps to boost the UK’s financial services industry in her Leeds Reforms. Simultaneously, HMT, the FCA and the Bank of England...
Published in May 2025, the FCA’s Policy Statement PS25/4 introduced a significant regulatory shift for UK fund managers. While the policy came into effect two months ago, its practical implications are only...
New rule under COCON The Financial Conduct Authority (FCA) is introducing a new rule under the Code of Conduct (COCON) to explicitly address non-financial misconduct (NFM), such as bullying, harassment, and violence,...
On 10 June 2025, the Financial Conduct Authority (FCA) published its much-anticipated final rules for a new type of trading venue: the Private Intermittent Securities and Capital Exchange System — better known...
Managing conflicts of interest, is something no one (other than complete reprobates) objects to in principle. However, it is something that can be tricky to navigate in practice. For FCA regulated firms...
In 2025, one of the most exciting trends in UK capital markets is unfolding quietly but powerfully: retail access to private markets. Historically the preserve of institutions and ultra-high-net-worth investors, private equity,...
On 8 May 2025, the FCA published the findings of its review into the business models of smaller asset managers and alternative investment firms. The review aims to support new market entrants...
On the 9th May 2025, Matthew and Nikolas West (“the brothers”) pleaded guilty to insider dealing in the shares of four companies between November 2016 and January 2020 (“the period”), following a...
Last year, the Financial Conduct Authority (FCA) announced that it was conducting a review of how firms treat customers in vulnerable circumstances. It also took the opportunity to consider whether its existing...