Digital transformation is a phrase which has been thrown about pretty freely and while it has plenty of benefits for the financial sector, institutions can be forgiven for feeling a little nervous. They’ve seen plenty of people get it disastrously wrong over the past couple of years and now the regulators say they will be paying closer attention. Continue reading “FCA Focuses on Tech Resilience”
The FCA’s recent decision to fine Carphone Warhouse £29.1 million is meat and drink to those who feel mobile phone companies should keep away from financial products. But it also serves as a great case study in all the mistakes firms can make when trying to improve conduct.
Continue reading “What Went Wrong with Carphone Warehouse?”
It’s no secret that the financial regulators have had their hands full with Brexit over the past year or so. But while much of the attention has been focused on surviving the coming apocalypse, thought is now beginning to turn to what comes next. According to Andrew Bailey in a recent speech setting out the FCA’s future approach, the future could be much ‘less burdensome’ than the present.
Continue reading “FCA Post Brexit – Here there be Dragons”
Before we can adequately regulate cryptocurrencies and the blockchain we have to work out what they are. Continue reading “Why Nobody Understands Cryptocurrencies”
At the beginning of March the FCA published rules on a new directory of financial services personnel in a bid which is intended to boost transparency for the sector. Here’s what it will mean for you and your business. Continue reading “FCA Finalises Rules on Financial Directory”