What does Brexit mean for financial services regulation in the UK?

By The Enforcd TeamThe Enforcd Team
Brexit

The uncomfortable answer is: nobody’s entirely sure. What we do know is that Brexit will be a huge regulatory challenge.

Brexit is coming – probably, at some point in the next couple of years, we think. Depending on which way you voted, that either makes you extremely happy or incredibly angry. However, a year and a half on from the vote, the only certainty is uncertainty, and that creates an enormous regulatory headache for financial services. Continue reading “What does Brexit mean for financial services regulation in the UK?”


GDPR: Big Challenge, Bigger Opportunity

By The Enforcd TeamThe Enforcd Team
GDPR

Are you ready for the GDPR?  If not, it’s time to work fast, because the GDPR represents a big challenge as well as an enormous opportunity.

Much has been written about the arrival of the EU’s General Data Protection Regulation (GDPR), and judging from many of the articles you might be forgiven for believing Armageddon is on its way! Yes, there are challenges, but it also allows more enterprising businesses to realise all sorts of benefits. Continue reading “GDPR: Big Challenge, Bigger Opportunity”


Competent Employees: How to Train Effectively

By The Enforcd TeamThe Enforcd Team
Competent Employees

What can companies do to demonstrate – to themselves, regulators and customers – that they only recruit people who have the appropriate skillset and expertise for the roles they are performing? 

We look at the implications of poorly designed and implemented training.

Every regulated company is obliged by law to ensure that its workers comply with the “Competent Employees Rule”, as detailed in the FCA and PRA handbooks.

Continue reading “Competent Employees: How to Train Effectively”


Why now is the time to embrace RegTech

By The Enforcd TeamThe Enforcd Team
RegTech

Regulators are asking some tough questions, but RegTech can help financial services firms find the answers if they are willing to embrace new technology.

Banks and financial institutions face a challenging landscape. In a post-financial crash world, they are coming under intense regulatory scrutiny, but at the same time, they face a market which is becoming ever-more complicated and challenging. However, innovative RegTech could be the solution to their angst. Continue reading “Why now is the time to embrace RegTech”


Financial Services Regulation: What to Expect in 2018

By The Enforcd TeamThe Enforcd Team
Financial Services Regulation

It’s a busy, demanding and unpredictable year ahead in the world of financial services regulation.

Happy New Year!

Now, buckle up because 2018 is likely to be a regulatory minefield.  New technologies, new rules and a fresh landscape all have the potential to create enormous problems. Some companies are better set up than others. Continue reading “Financial Services Regulation: What to Expect in 2018”