Latest Compliance News

EU Commission improves funding and investment financing

08 October 2015 at 16:32

For six years, since the 2008 financial crisis, banks and traders have been faced with extremely tough rules and a lot of red tape that can hamper investments. The EU is now putting an end to this, as Brussels announce a shift towards growing capital markets and removing barriers to investment.

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European Parliament votes on PSD2

07 October 2015 at 16:39

The European Parliament has voted on plans for a revised Payment Services Directive (PSD2). If the directive is passed, it will replace the existing Payment Services Directive which has been in place since 2007.

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Opt-out products banned across financial services

06 October 2015 at 16:09

The Financial Conduct Authority (FCA) has released a policy statement outlining new rules, banning opt-out selling. This is predominantly aimed at the insurance market, but will cover all financial sectors.

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FCA releases authority statement on PPI

05 October 2015 at 16:52

The Financial Conduct Authority (FCA) has announced that by the end of the year it will set a date by which consumers must make Payment Protection Insurance (PPI) complaints, before losing their right to have the case assessed by firms or the Financial Ombudsman Service (FOS). 

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Changes to pension rules proposed by FCA

02 October 2015 at 16:33

The Financial Conduct Authority (FCA) has published a proposal for changes to pension rules, to enhance consumer protection. The proposed changes would more sufficiently address the risks and changes that consumers face in the new retirement market. 

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