FCA speech on culture and conduct in financial services
The FCA has published a speech by Jonathan Davidson, Executive Director of Supervision: Retail and Authorisations, on culture and conduct in financial services through the lens of the senior managers and certification regime (SM&CR).
FCA 20, September 2017
FCA policy statement on transaction costs disclosure in workplace pensions
The FCA has published a policy statement on standardising the disclosure of the transaction costs incurred by pension investments (PS17/20). .
FCA, 20 September 2017
FSCS announces new industry-wide agreement to raise consumer awareness of deposit protection
The Financial Services Compensation Scheme (FSCS) has published a press release about a new industry-wide agreement to raise consumer awareness of deposit protection.
FSCS, 20 September 2017
INVESTMENTS AND FUNDS
Responses to ESMA's consultation on internalised settlement reporting under CSDR
ESMA has published responses to its July 2017 consultation paper (ESMA70-151-457) on internalised settlement reporting under the Regulation on improving securities settlement and regulating central securities depositories (CSDs) (Regulation 909/2014) (CSDR).
ESMA 20 September 2017
PRA and FCA remind firms about entry into force of ESA guidelines on prudential assessment of acquisitions and increases of qualifying holdings in financial sector
The PRA and FCA have reminded firms that the guidelines issued by the Joint Committee of the European Supervisory Authorities (ESAs) on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector come into force on 1 October 2017. The PRA updated its webpage on submitting, assessing and determining a change of control and the FCA issued a statement to inform firms.
PRA, FCA 20 September 2017