Horizon scanning

On 9 April 2021, the FCA published its latest policy development update.

The policy development update lists recently issued FCA publications and lists two forthcoming FCA publications:

  • Consultation paper on exit fees in investment platforms and comparable firms (expected 2021).
  • Consultation paper on FCA regulated fees and levies: rates proposals 2021/22 (expected April 2021).

On 18 September 2020, the UK regulatory authorities (HM Treasury, Bank of England, PRA, FCA, Payment Systems Regulator, Competition and Markets Authority, the Pensions Regulator and the Information Commissioners Office) published an updated version of the Financial Services Regulatory Initiatives Grid.

This edition of the Grid contains 111 initiatives, an increase on the 85

Client money

The COVID-19 pandemic is having a severe impact on many business sectors, and financial institutions are no exception. Many firms are likely to encounter challenges of one form or another in the coming months, as countries emerge from lockdown and seek to resume normal business at different times, and the applicable legal and