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Case-by-Case: FCA clarifies how new “name and shame” approach will be implemented

In a recent webinar, Therese Chambers, Joint Executive Director of Enforcement and Market Oversight, FCA, detailed how the regulator will implement its new “name and shame” approach to investigations – and how it will act as a deterrent.

Frantic February: Should compliance teams be worried after a mega month for the FCA?

Does increased action from the U.K. regulator suggest that new hires and new strategies are taking effect? And what does this mean for your compliance team?

JPMorgan Chase hit with almost $350 million in fines for gaps in trade surveillance data

With JPMorgan Chase being fined a considerable $350 million sum for “unsafe or unsound” practices around trade surveillance, what impacts will this have on how firms trade and communicate compliantly?

OCC to join regulatory rollout as it eyes operational risk requirements for banks

The OCC has announced that it is focusing on baseline operational resilience requirements for large banks with critical operations.

Name and shame – FCA vows more transparency to increase deterrence

The Financial Conduct Authority has set out its commitment to increasing transparency of its investigations, intending its new “name and shame” strategy to deter firms and individuals from non-compliance.

Why cybersecurity is the one to watch for global regulators in 2024

Rapid digitalization and technological innovation have offered a wealth of advantages to financial industry practices by redefining business operations. Though, consequently, the threat to cybersecurity is as present as ever. How have regulators begun to maneuver this pressing matter? And will it be a trend to watch in the coming year?

Letter of intent – FCA requests non-financial misconduct data from insurance firms

The FCA has continued its focus on non-financial misconduct by issuing a letter to insurers and insurance agents requesting information on NFM incidents at firms – including the outcomes of these incidents.

Exclusive: A fireside chat with Jamie Bell, Head of Secondary Market Oversight at the FCA

On February 7, 2024 we were joined by Jamie Bell, Head of Secondary Market Oversight, FCA, to discuss conduct, culture, and compliance challenges – from non-financial misconduct to AI and crypto.

Cryptic crypto – FINRA says crypto marketing needs clearing up

After a two-year review, FINRA has found that 70% of broker dealers’ crypto marketing communications violate rules requiring they be “fair and balanced”.

Play chess, not checkers: 5 ways firms can fortify policies against noncompliance

Noncompliance risks may not be completely unavoidable, but they can decrease substantially when financial organizations anticipate precarious situations and take steps to defend against them.

What can financial services firms learn from the SEC’s X account hack?

With the Securities and Exchange Commission’s X account being hacked and used to share false information, what lessons can firms learn to minimize social media risk?