FCA POLICY STATEMENT PS22/11: IMPROVEMENTS TO THE APPOINTED REPRESENTATIVE REGIME (THE “AR REGIME”)
FCA POLICY STATEMENT PS22/11: IMPROVEMENTS TO THE APPOINTED REPRESENTATIVE REGIME (THE “AR REGIME”) WHAT DO THE NEW RULES COVER AND WHEN WILL THEY BE COMING INTO EFFECT? On 4 August 2022, the FCA released Policy Statement PS22/11: Improvements to the...
FCA Enforcements July 2022
Topic: Decision Notice 2022 : Subject of Enforcement: Richard Adam Date of Notice: 28th July 2022. Overview: Carillion was, until it went into liquidation in January 2018, a leading international construction, project finance and support services business operating in the UK,...
FCA Regulatory Updates July 2022
Topic: The FCA’s Consumer Duty will lead to a major shift in financial services Date: 27/07/2022 Overview: The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which will fundamentally improve how firms serve...
FCA Regulatory Updates June 2022
Topic: Restrictions placed on Colbourne & Company Date: 24/06/2022 Overview: On 23 June 2022 the FCA imposed a number of restrictions on Colbourne & Company stopping it from carrying out any regulated activities due to concerns about the way it...
FCA Enforcements June 2022
Topic: FCA fines Ghana International Bank Plc £5.8m for failings in its anti-money laundering controls Subject of Enforcement: Ghana International Bank Plc Date of Notice: 23/ 06/22 Overview: The FCA has fined Ghana International Bank Plc (GIB) £5,829,900 for poor...
BROOKLANDS CO-CEO OBTAINS AN INDIVIDUAL CHARTER FROM THE CHARTERED INSTITUTE OF SECURITIES AND INVESTMENTS (“CISI”)
Brooklands is pleased to announce that its Founding Partner and Co-CEO has obtained an Individual Charter from the Chartered Member of the Chartered Institute of Securities and Investments (“CISI”). The CISI the leading professional body for securities, investment, wealth and...
Brooklands announces authorised approval as a training provider by the solicitor’s regulatory authority.
15 May 2022 – Brooklands Fund Management Limited (“Brooklands”) informs that it has been approved as an authorised Training Provider, with Mike Williams as the approved and authorised Training Principal, by the Solicitor’s Regulatory Authority. Brooklands is pleased to...
FCA Enforcements May 2022
Topic: FCA refuses authorisation to regulatory consultancy firm Alexander Jon Compliance Consulting Limited. Date: 13/05/2022 Overview: The Financial Conduct Authority (FCA) has refused to authorise Alexander Jon Compliance Consulting Limited (AJCC) to provide regulatory hosting services. This is a service...
FCA Regulatory Updates May 2022
Topic: FCA strengthens consumer protection by speeding up the removal of firms that do not use their regulatory permission. Date: 19/05/2022 Overview: In line with its ‘use it or lose it’ initiative, the FCA has obtained new powers to expedite...
FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission.
Date: 31/05/2022 Overview: In line with its ‘use it or lose it’ initiative, the FCA has obtained new powers to expedite the process of cancelling or changing what regulated firms are permitted to do; these are known as permissions. In...