Parvez Khan questions whether mere compliance with FCA rules establishes a legal presumption of fairness in lender-borrower relationships.
FCA Handbook
Changes to guidance expand circumstances in which firms need to consider making a Principle 11 notification in relation to customer redress issues.
The new guidance provides a formal regulatory definition, centering on bullying, harassment, and violence.
The new disclosure framework for retail investment products replaces PRIIPs and aligns with the Consumer Duty,
Moving from soft culture to hard rules, the FCA explicitly categorizes serious NFM as a breach of regulatory conduct standards.
The FCA plans to extend the High-Level Standards in the FCA Handbook to cryptoasset firms in line with FSMA-authorized entities.
The ENFG is a more concise, user-friendly guide that focuses on how the FCA investigates and takes enforcement action.
Voluntary UK Stewardship Code is widely adopted in the asset management industry.