By The Enforcd Team

FCA Extends Expectations to 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 …

By The Enforcd Team

How can you encourage all staff to take 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 …

By The Enforcd Team

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

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 …

By The Enforcd Team

5 Basic Conduct Questions Financial Services Firms Must Ask Themselves

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 …

By The Enforcd Team

How Financial Services Firms Can Learn from the Lessons of the Past

Learning from the lessons of the past can help the financial services industry ride the rough regulatory waves of 2018. Fear of failure. It’s something we all feel at one time or another, and it can hold us back from truly achieving our goals. However, if we learn lessons from the past, failure can be …