FCA News

WFE Capital

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

Regulatory News

“The Central Bank’s supervisory and enforcement toolkit should be enhanced”- Director General Derville Rowland

22 October 2019 Press Release   The Central Bank has proposed reforms to financial services regulations, including a new Senior Executive Accountability Regime (SEAR) to ensure clearer accountability. The Central Bank considers these proposed reforms to be necessary enhancements to its supervisory and enforcement toolkit. All participants in […]

ESMA News

EU enforcers must monitor closely new reporting standards

The common enforcement priorities related to 2019 IFRS financial statements include: ·       specific issues related to IFRS 16 Leases given the need to exercise significant judgement in its application, particularly in determining the lease term and the discount rate; ·       improvement of the information provided under standards that became applicable in 2018 IFRS financial statements: […]

FCA News

Regulation in a changing world

Speaker: Christopher Woolard, Executive Director of Strategy and CompetitionLocation: City of London / Cicero event on Future of Regulation, LondonDelivered on: 21 October 2019 Highlights: The FCA asks itself if its regulatory model is still the right one, and if it’s ready to respond to the changes we see coming down the track. The FCA will be […]