FCA News

Building trust in sustainable investments

Speaker: Richard Monks, Director of StrategyEvent: SRI Services and Partners ‘Good Money Week’ panel discussionDelivered: 21 October 2020Note: This is the speech as drafted and may differ from the delivered version. Nikhil Rathi, CEO, provided further updates on our sustainable finance strategy in his speech, Rising to the Climate Challenge, at the Green Horizon Summit, […]

FCA News

Treasury, Bank of England and FCA convene working group to facilitate investment in productive finance

Investment in productive finance refers to investment that expands productive capacity, furthers sustainable growth and can make an important contribution to the real economy. Examples of this include plant and equipment (which can help businesses achieve scale), research and development (which improves the knowledge economy), technologies (for example, green technology), infrastructure and unlisted equities related […]

FCA News

FCA consults on new benchmarks powers

ICE Benchmark Administration (IBA), the FCA-regulated and authorised administrator of LIBOR, has today announced that it will consult on its intention that the euro, sterling, Swiss franc and yen LIBOR panels would, subject to confirmation following IBA’s consultation, cease at end-2021.  In this statement, we set out our potential approach to the use of proposed […]

FCA News

Facing the future – challenges and priorities for the FCA

Speaker: Nikhil Rathi, CEOEvent: Address to the City Regulators, Mansion HouseDelivered: 12 November 2020Note: this is the speech as drafted and may differ from the delivered version Highlights The financial services industry and the FCA face significant issues and challenges in the coming months – including, but not limited to, the continuing coronavirus (Covid-19) pandemic and the end of […]

FCA News

FCA commences High Court proceedings over unauthorised collective investment schemes

The proceedings – which allege that the defendants carried out unauthorised activity in relation to the operation and/or promotion of collective investment schemes – will seek injunctions and restitution for investors. Mr Forster has given undertakings to the Court which have the effect of freezing his assets worldwide, pending judgment. The undertakings also prohibit the […]