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

Problem KIDs: PRIIPs Run into Early Trouble

As Hargreaves Lansdown and other platforms suspend hundreds of investment trusts, are the PRIIPs regulations doomed already? The new PRIIPs (Packaged retail investment and insurance-based products) Guidelines claimed their first casualties when UK investment advisors moved to suspend some funds for failing to comply with new EU rules. As other funds struggle to fulfil their obligations the …

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 …

By The Enforcd Team

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

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 …

By The Enforcd Team

Competent Employees: How to Train Effectively

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 …