The Financial Services Duty of Care Bill

On 29 October Lord Sharkey introduced a Private Members' Bill into the House of Lords, which proposed amending the Financial Services and Markets Act 2000 ("FSMA") to empower the FCA to introduce a duty of care owed by authorised persons to consumers in carrying out regulated activities under FSMA (the "Bill"). The Bill proposed that a duty of care be defined as an obligation to exercise reasonable care and skill when providing a product or a service. Read more

Financial Crime, Market Abuse and Enforcement Timeline – October 2019

Every quarter our financial services regulatory team publishes the Financial Services Regulatory Timeline, a look ahead at key regulatory milestones in the coming months and years in a range of areas, created for our clients in financial institutions. Three areas covered in the Timeline are Financial Crime, Enforcement, and Market Abuse. For the readers of our corporate crime e-bulletins, we have produced these sections as a Calendar of key developments in Financial Crime, Market Abuse and Enforcement which can be accessed here. Read more

Daily FSR Update – 17 October 2019

Due to difficulties with our publishing software, we have been unable to deliver our Daily FSR Update to you on Thursday, 17 October 2019. While we work to resolve this issue, please click here to view the update for 17 October. Read more

Daily FSR Update, 14-16 October 2019

Due to difficulties with our publishing software, we have been unable to deliver our Daily FSR Update to you over the last few days. In the interim, we have consolidated the updates for 14 – 15 October 2019, which you can view here, and for 16 October 2019 which you can view here. Read more

Corporate Crime update – Autumn 2019

Welcome to the Autumn 2019 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. This bumper edition covers a number of jurisdictions, and includes content from the summer break. Read more