What support does your firm provide to help staff improve conduct?

By The Enforcd TeamThe Enforcd Team
help staff improve conduct

In this 4th post in our series reflecting on Megan Butler’s speech to the FT Investment Managers Summit, we look at what support your firm provides to help staff improve conduct.

Ensuring good conduct across a corporation is essential.  Once you’ve established a strategy for good corporate conduct, how do you make sure that everyone across the organisation sticks to it? Continue reading “What support does your firm provide to help staff improve conduct?”


FCA Extends Expectations to Unregulated Activities

By The Enforcd TeamThe Enforcd Team
unregulated activities

What key lessons should firms take away from the FCA consultation on codes of conduct for unregulated activities?

In November of last year, the FCA published a draft consultation paper setting out the expected code of conduct for unregulated activities. The move had been coming for some time, as the FCA became increasingly vocal in its criticism of unregulated funds. In 2017 it attracted complaints when it demanded 250 advice firms deliver data on unregulated investment recommendations they had made.

Continue reading “FCA Extends Expectations to Unregulated Activities”


How can you encourage all staff to take responsibility for managing conduct?

By The Enforcd TeamThe Enforcd Team
responsibility for managing conduct

In this third post in our series reflecting on Megan Butler’s speech to the FT Investment Managers Summit, we look at how you can encourage all staff to take responsibility for managing conduct.

Risk management is suddenly flying up the corporate agenda. As regulators increase their expectations, the financial services are responding. Even so, many firms still have a gap in understanding between the executives in the boardroom and the professionals at the coal face. That’s a major problem because as Megan Butler of the FCA said back in September, the landscape is evolving fast. Continue reading “How can you encourage all staff to take responsibility for managing conduct?”


What proactive steps do you take to identify conduct risks in your business?

By The Enforcd TeamThe Enforcd Team
Identify Conduct Risks

As the second post in our series of seven blogs on the FCA’s increasing focus on corporate conduct we look at what steps a business can take to identify conduct risks.

Many years ago, Donald Rumsfeld attracted widespread derision for his speech about ‘known unknown’ and ‘unknown unknowns’. It was clumsy, perhaps, but he was onto something. In the business world there are many things we don’t know. Some we’re aware of, but others would take us completely by surprise. The same is true in the regulatory environment. Continue reading “What proactive steps do you take to identify conduct risks in your business?”


5 Basic Conduct Questions Financial Services Firms Must Ask Themselves

By The Enforcd TeamThe Enforcd Team
Conduct questions

In the first part of a series of seven blog posts, we look at the 5 basic conduct questions that arose out of Megan Butler’s speech at the AFT Investment Summit last year.

In September 2017, Megan Butler, Executive Director of Supervision – Investment, Wholesale and Specialists at the FCA, gave a speech on “Where next for investment and asset management regulation?”

She was speaking at a time when the investment community is facing a host of challenging questions. Continue reading “5 Basic Conduct Questions Financial Services Firms Must Ask Themselves”