What's New 2016

Home About Us
Our Services Sectors
News & Views Contact Us

@en

Telephone 020 3813 2890 for a free no obligation chat about your regulatory requirements with one of our compliance consultants.

Registered in England and Wales as limited company number 07626537 - Registered Office 120 Pall Mall, London, SW1Y 5EA

We use cookies, if you consent to this use, please continue to browse our site.

Here to help with Regulation and Compliance

Compound Growth

What’s New 2016

Developments in UK Financial Services Regulation

2017 REGULATORY NEWS 2016 REGULATORY NEWS 2015 REGULATORY NEWS 2014 REGULATORY NEWS 2013 REGULATORY NEWS

REGULATORY NEWS 2016:

31/12/2016: Effective today: New Financial Crime Reporting Requirements take effect
21/12/2016: Press Release: Mark Lyttleton sentenced to 12 months imprisonment for insider dealing
16/12/2016: Final Notice: Tim Morse
16/12/2016: Final Notice: Longlands Cars Stockton Limited
16/12/2016: Occasional Paper No. 25: Incentivising compliance with financial regulation
16/12/2016: Occasional Paper No. 24: Behaviour and compliance in organisations
16/12/2016: CP16/43 Markets in Financial Instruments Directive II Implementation – Consultation Paper IV
16/12/2016: FCA Statement: FCA Fake email
16/12/2016: FCA Insights: Creating and sustaining cultures of compliance: insights from psychology and beyond
16/12/2016: FCA Statement: Updated statement on Which? super-complaint on push payments
16/12/2016: Closing date for comments to CP16/31 (Investment and Corporate Banking Prohibition of Restrictive Contractual Clauses)
15/12/2016: Regulation Roundup: December 2016
14/12/2016: Press Release: FCA launches consultation on changes to its FSCS rules and invites discussion on future funding of the scheme
14/12/2016: PS15/25: Home finance customers with a payment shortfall: minor Handbook changes and feedback to CP16/16
14/12/2016: CP16/42: Reviewing the funding of the Financial Services Compensation Scheme
13/12/2016: Final Notice: Waap Limited
13/12/2016: Final Notice: Warmcool Limited
13/12/2016: Final Notice: Macauley Myers Limited
13/12/2016: TR16/10 Early arrears management in unsecured lending
13/12/2016: Closing date for comments to CP16/24 (Appropriate Qualifications)
13/12/2016: Press Release: FCA review finds room for improvement when dealing with customers in early arrears
13/12/2016: Press Release: Pension providers making good progress on reducing fees and charges
12/12/2016: MS16/2.1 Mortgages market study terms of reference
12/12/2016: MS16/2: Mortgages market study
12/12/2016: Press Release: FCA launches market study on competition in the mortgage sector
09/12/2016: CP16/41: Amendments to Notes for completion of the Mortgage Lenders & Administrators Return
09/12/2016: FG16/8: Fair treatment of long-standing customers in the life insurance sector
09/12/2016: Handbook Notice 39
09/12/2016: FS16/13: Interim feedback to the Call for Input to the post-implementation review of the FCA’s crowdfunding rules
09/12/2016: Press Release: FCA publishes finalised guidance for the fair-treatment of closed-book customers
09/12/2016: Press Release: Financial Conduct Authority statement on PPI
09/12/2016: Press Release: FCA publishes interim feedback following a call for input to the post-implementation review of the rules for crowdfunding
08/12/2016: FCA news: About Financial Lives: a message for respondents
08/12/2016: FCA news: Debt management firms reminded of annual review requirements
08/12/2016: Dear CEO letter - FCA expectations of firms that administer debt management plans
07/12/2016: Final Notice: Warranty Management Services Limited
06/12/2016: CP16/40: Contracts for differences - enhancing the conduct of business regime infographic
06/12/2016: CP16/40: Enhancing conduct of business rules for firms providing contract for difference products to retail clients
06/12/2016: Press Release: FCA proposes stricter rules for contract for difference products
05/12/2016: Final Notice: (Be)Spoke Derby Limited
05/12/2016: Final Notice: Pinks Agri Limited
05/12/2016: TR16/9: Review of general insurance intermediaries’ professional indemnity insurance
05/12/2016: Press Release: A third of over 75s targeted by investment scams, as FCA urges consumers to take the time to check
02/12/2016: CP16/39: Quarterly Consultation Paper No. 15
01/12/2016: Press Release: FCA publishes decision notice against Alistair Burns deciding to ban him and fine him £233,600
01/12/2016: Press Release: FCA publishes new data on savings interest rates and announces new rules coming into effect
01/12/2016: Cash savings: Sunlight remedy third report
30/11/2016: Final Notice: TOCC Limited
30/11/2016: Final Notices: Jaypee Contracts Limited
30/11/2016: Final Notice: Clarks of Garforth Limited
30/11/2016: Final Notice: Future Voice and Data Limited
30/11/2016: GC16/8: Amendment to Guidance on loan to income ratios in mortgage lending
30/11/2016: Press Release: Two plead guilty to insider dealing
30/11/2016: FCA Speech: Conduct risk in FX markets
29/11/2016: Press Release: FCA launches call for input on high-cost credit and overdrafts
28/11/2016: Call for Input: High-cost credit including review of the high-cost short-term credit price cap
28/11/2016: Final Notice: Tariq Carrimjee
28/11/2016: Closing date for comments on CP16/28 (Remuneration in CRD IV Firms)
28/11/2016: CP16/38: Proposed changes to DTR 2.5 on delay in disclosure of inside information. FCA Consult upon Delay in Disclosure of Inside Information Disclosure
25/11/2016: Final Notice: Iain Strang
25/11/2016: FCA Speech: Competition and savings: the regulator’s perspective
25/11/2016: Press Release: Customers to be shown how much they could gain from shopping around for an annuity
25/11/2016: CP16/37: Implementing information prompts in the annuity market
25/11/2016: CP16/36: Regulatory reporting: retirement income data
24/11/2016: Final Notice: Bangla Express Limited
24/11/2016: CP16/35: PSR regulatory fees 2017/18
23/11/2016: FCA Insight: Increasing confidence: what power posing can tell us about research for regulation
23/11/2016: News: The FCA’s approach to the authorisation and supervision of Insurance Special Purpose Vehicles
23/11/2016: Occasional Paper No. 23: Full disclosure: a round-up of FCA experimental research into giving information
23/11/2016: CP16/34: Insurance Special Purpose Vehicles (ISPVs) & Insurance Linked Securities (ILS) business (ISPV Joint consultation with the PRA CP42/16)
22/11/2016: Final Notice: KMLM Ltd
22/11/2016: Final Notice: Macba Limited
22/11/2016: Final Notice: Response 360 Ltd
22/11/2016: Final Notice: NIA Trading Limited
22/11/2016: MS15/2.2 Asset management market study: Interim report
22/11/2016: FCA Speech: The challenges for insurance and regulators in a Big Data world
22/11/2016: Final Notice: Atlas Bridge Finance Ltd
21/11/2016: FCA Statement: Gable Insurance AG is in liquidation
22/11/2016: Final Notice: MailServe Limited
21/11/2016: Final Notice: Remote Audit Ltd
21/11/2016: Final Notice: Motorhomesuk (Lincs) Limited
21/11/2016: Final Notice: Marlborough Isleworth Motors
21/11/2016: Final Notice: Patrick Francis McCreesh
21/11/2016: Final Notice: Race 2 Off-Road Ltd
18/11/2016: FCA Press Release: FCA Charges sixth defendant in alleged investment fraud
18/11/2016: FCA Press Release: FCA finds weak price competition in some areas of the asset management sector
18/11/2016: MS15/2.2: Asset management market study interim report
18/11/2016: MS15/2.2a Asset management market study: MIR
17/11/2016: FCA Final Notice: EFG Asset Management
17/11/2016: FCA Final Notice: Phillip Whiffen
17/11/2016: FCA Final Notice: Yesmar Restaurants Limited
16/11/2016: CP16/33 Regulatory fees and levies: policy proposals for 2017/18
16/11/2016: CP16/32: Handbook changes to reflect the introduction of the Lifetime ISA
16/11/2016: FCA Press Release: FCA publishes rules for the sale of the Lifetime ISA
15/11/2016: FCA Press Release: FCA introduces cap on early exit pension charges
15/11/2016: PS16/24: Capping early exit pension charges: feedback on CP16/15 and final rules
15/11/2016: FS16/12: Call for Input on our approach to the current payment services regime
14/11/2016: Final Notice: Richard Barca
10/11/2016: FCA Speech: Closing remarks - Financial Crime Conference
10/11/2016: FCA Speech: Innovation: Impact of technology in managing FC/AML risk
10/11/2016: FCA Speech: Effectivenss of the AML Regime in disrupting financial crime
10/11/2016: FCA Speech: Effectiveness and Proportionality: Our Financial Crime Priorities
10/11/2016: FCA Speech: Fighting Financial Crime - Looking Forward and Back
08/11/2016: Final Notice: Southern Trade Centre Limited (In Liquidation)
08/11/2016: Press Release: Statement on the Financial Conduct Authority’s review of Royal Bank of Scotland’s treatment of customers referred to its Global Restructuring Group
07/11/2016: Press Release: Financial Conduct Authority unveils successful sandbox firms on the second anniversary of Project Innovate
04/11/2016: Handbook Notice 38
03/11/2016: Press Release: FCA acts to improve competition in the current account market
02/11/2016: FCA Press Release: Mark Lyttleton pleads guilty to insider dealing
02/11/2016: FCA Press Release: Debt purchaser Motormile Finance agrees to redress package
02/11/2016: Final Notice: Big Green Company (Energy) Limited
01/11/2016: Final Notice: Daniel Peter Terrence Forsyth
01/11/2016: Final Notice: Adam Philip Hawkins
01/11/2016: Final Notice: Scott Michael Crawley
01/11/2016: Final Notice: Ross Tony Peters
01/11/2016: Final Notice: Aaron Lee Petrou
01/11/2016: Final Notice: Dale Robert Walker
01/11/2016: FCA Press Release: FCA prohibits six individuals for their part in unauthorised collective investment scheme
01/11/2016: FCA Speech: Access to Financial Services in the UK
31/10/2016: FS16/11: Call for Input on regulatory barriers to social investments
31/10/2016: Closing Date for comments on CP16/29 (MiFID II - Chapter 16 Supervision)
31/10/2016: Effective today: Payment Services Providers providing credit transfers or direct debits in Euro must meet new obligations under the SEPA Regulation (Single Euro Payments Area Collective)
31/10/2016: Submission Deadline: Breach of Conduct Reporting REP008 - First annual submission notifying breaches of the Conduct Rules required for staff included in the Certification Regime.
28/10/2016: Closing date for comments to CP 16/19 (MiFID II implementation proposals)
27/10/2016: Final Notice: Anthony Burton
27/10/2016: Final Notice: Elite Sports Cars Limited
26/10/2016: FCA Statement: Enterprise Insurance Company is now in liquidation
26/10/2016: Final Notice: Robin Cawley
26/10/2016: Final Notice: The Heating Design Centre (James Gary Law trading as)
26/10/2016: Final Notice: Mohammed Wajid
26/10/2016: Final Notice: Bradley Bailey
26/10/2016: Final Notice: Justin Pollington-Woods
25/10/2016: Final Notice: Richard Clay
25/10/2016: Final Notice: Kathryn Clark
25/10/2016: GC16/7: Revised proposed guidance on guarantor loans
25/10/2016: Press Release: The Financial Conduct Authority (FCA) bans two individuals from the financial services industry
21/10/2016: Final Notice: Danes Autos Limited
21/10/2016: Final Notice: Excel Leasing Limited
21/10/2016: Final Notice: FC Group Limited
21/10/2016: Press Release: Tribunal upholds the Financial Conduct Authority’s decision to impose a partial ban on Tariq Carrimjee
20/10/2016: Press Release: New Rules on packaged bank accounts have improved standards, but firms have more work to do on sales and complaints handling
20/10/2016: TR16/8: Packaged Bank Accounts
19/10/2016: GC16/6: The fair treatment of mortgage customers in payment shortfall: impact of automatic capitalisations
19/10/2016: Press Release: FCA to consult on mortgage payment shortfall remediation guidance
18/10/2016: CP16/31: Investment and corporate banking: prohibition of restrictive contractual clauses
18/10/2016: Press Release: FCA publishes the final report of its investment and corporate banking market study
18/10/2016: MS15/1 Investment and corporate banking market study
14/10/2016: Final Notice: Samlet Car Sales Ltd
14/10/2016: Final Notice: Select Motor Company Ltd
14/10/2016: TR16/7 - Review of annuity sales practices
14/10/2016: Press Release: FCA publishes thematic review of annuity sales practices
13/10/2016: Final Notice: Luke Andrew Mills
13/10/2016: Final Notice: Motor Spot Limited
13/10/2016: Final Notice: Mark Samuel Motors Limited
13/10/2016: Final Notice: Midland Motor Company Limited
13/10/2016: Effective today: UCITS V - Level 2 Regulation
13/10/2016: Press Release: FCA cancels payday lender’s interim permission, bans director and refuses application to conduct regulated business
13/10/2016: Final Notice: Wage Payment and PayDay Loans Limited, and Andrew Barry Hart
12/10/2016: Final Notice: Steven Smith
12/10/2016: Final Notice: Sonali Bank (UK) Ltd
12/10/2016: Press Release: FCA imposes penalties on Sonali Bank (UK) Limited and its former money laundering reporting officer for serious anti-money laundering systems failings
11/10/2016: Closing date for comments CP 16/20 (Payment protection insurance complaints)
11/10/2016: FS16/10: Smarter Consumer Communications
11/10/2016: PS16/23: Smarter Consumer Communications: Removing ineffective disclosure requirements in FCA Handbook
11/10/2016: DP Discussion Paper -Smarter Consumer Communications: a further step in the journey
10/10/2016: FCA Speech: Getting regulation right
06/10/2016: FCA Press Release: Total number of complaints continues to fall
05/10/2016: FCA Press Release: FCA publishes proposals on transactions cost disclosure
05/10/2016: FCA Press Release: FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings
05/10/2016: CP16/30: Transaction cost disclosure in workplace pensions
05/10/2016: FCA Speech: The role of consumer decision-making in ensuring good market dynamics in the mortgage sector
04/10/2016: Final Notice: Aviva Pension Trustees UK Limited, Aviva Wrap UK Limited
03/10/2016: Final Notice: Wingfield Financial Heritage Limited
29/09/2016: CP16/29: Markets in Financial Instruments Directive II implementation – Consultation Paper III
29/09/2016: Press Release: FCA publishes third MiFID II consultation
29/09/2016: Press Release: Former Investment Portfolio Manager charged with insider dealing
28/09/2016: PS16/22: Strengthening accountability in banking and insurance: regulatory references final rules
28/09/2016: FS16/9: Senior Managers and Certification Regime: Feedback for Credit Unions
28/09/2016: DP16/4: Overall responsibility and the legal function
28/09/2016: FS16/8: Senior Managers and Certification Regime: Feedback for branches of banks from within the European Economic Area
28/09/2016: Press Release: FCA proposes new measures to maintain firms’ focus on culture
28/09/2016: CP16/27: Applying conduct rules to all non-executive directors in the banking and insurance sectors
27/09/2016: CP16/28: Remuneration in CRD IV firms:new guidance and changes to Handbook Remuneration in CRD IV Firms Consultation CP16/28
27/09/2016: FS16/7: Senior Managers and Certification Regime: Feedback for branches of banks from outside the European Economic Area
27/09/2016: FS16/6: Senior Managers and Certification Regime: Feedback for all banks, investment firms and building societies
27/09/2016: Press Release: Alex Hope sentenced for failing to pay confiscation order
27/09/2016: FCA Speech: Balancing regulatory objectives in the dynamic consumer credit market
27/09/2016: CP16/26: Guidance on the duty of responsibility: amendments to the Decision Procedure and Penalties Manual
27/09/2016: CP16/25: Whistleblowing in UK branches of overseas banks
23/09/2016: FCA Statement on super-complaint from Which?
22/09/2016: CRD IV Pillar 2 Summary & Stress Testing Observations
22/09/2016: Dear CEO Letter: FCA’s prudential approach for IFPRU Investment Firms
22/09/2016: FCA Speech: The FCA’s role in promoting innovation
22/09/2016: Final Notice: Gemmax Solutions Limited
21/09/2016: FCA Speech: Our approach to cyber security in financial services firms
21/09/2016: FCA Speech: A more effective approach to combatting financial crime also see FCA: Effective Approach to Financial Crime Prevention
21/09/2016: FS16/5: Call for Inputs on Big Data in retail general insurance
20/09/2016: Final Notice: Danmirr Capital Limited
19/09/2016: Press Release: Payday firm CFO Lending to pay £34 million redress
19/09/2016: Closing date for comments to CP 16/18 (Disclosure Rules - PRIIPs Regulation)
16/09/2016: FCA Speech: Pensions and long-term retirement saving: a macroeconomic perspective
15/09/2016: HM Treasury launches consultation on the Fourth Money Laundering Directive. Summary of 4MLD
15/09/2016: Occasional Paper 21: Asymmetries in dark pool reference prices
14/09/2016: Final Notice: Money Matcher Limited
14/09/2016: Press Release: FCA publishes Decision Notice for Andrew Tinney, former Barclays Wealth senior director
13/09/2016: CP16/24: Review of the FCA’s appropriate qualification exam standards
09/09/2016: CP16/23: FCA Regulated fees and levies: insurers’ tariff data for 2017/18
07/09/2016: Deadline: Relevant Firms must comply with New Whistleblowing Rules
06/09/2016: CP16/22: Pension Wise standards: changes for secondary annuity market guidance
06/09/2016: Final Notice: FCA imposes cancellation on Bathesafely Limited
06/09/2016: Final Notice: FCA imposes cancellation on Get Paid Limited
06/09/2016: Final Notice: FCA imposes cancellation on Broom Boat Sales Limited
06/09/2016: Final Notice: FCA imposes cancellation on Paul Brooks Machinery Limited
02/09/2016: FCA call for input to the post-implementation review of the FCA’s crowdfunding rules
02/09/2016: CP16/21: Quarterly Consultation Paper No. 14
01/09/2016: Press Release: The FCA fines and prohibits financial adviser for failing to act with integrity and for failing to be open and honest with the regulator
01/09/2016: Final Notice: FCA imposes fine and prohibition on Elizabeth Anne Parry
18/08/2016: Closing date for comments to CP 16/15 (Capping early exit pension charges)
17/08/2016: Final Notice: Tellaw (UK) Limited
16/08/2016: FCA Statement: Consultation Paper 12/20: Review of the client money rules for insurance intermediaries
15/08/2016: Final Notice: Cancellation imposed upon Generate Green Ltd
11/08/2016: New FCA website moves into its final phase
10/08/2016: PS16/21: Increasing transparency and engagement at renewal in general insurance markets
10/08/2016: Closing date for comments to CP 16/16 (Mortgage borrowers)
09/08/2016: FCA Press Release: Cenkos Securities fined for failure to maintain the high standards required of a firm providing Sponsor Services
09/08/2016: Final Notice: Analyst Investment Management Plc
09/08/2016: Final Notice: Cenkos Securities Plc
08/08/2016: Final Notice: Hallbrooke Ballymena Limited
08/08/2016: Final Notice: Jay Bee Automotive Limited
08/08/2016: Final Notice: Performance Tuning UK Limited
03/08/2016: FCA Statement: Redress methodology for pension transfers
03/08/2016: Occasional Paper No. 20: Can we predict which consumer credit users will suffer financial distress?
02/08/2016: FCA Press Release: FCA provides update on PPI
02/08/2016: CP16/20: Rules and guidance on payment protection insurance complaints: feedback on CP15/39 and further consultation
01/08/2016: FG16/7: Payment Accounts Regulations 2015 - regulation 13 (packaged accounts)
01/08/2016: FG16/6: Payment Accounts Regulations 2015 - definition of a 'payment account'
01/08/2016: PS16/20: Payment Accounts Regulations 2015 - feedback on CP16/7, final Handbook changes and finalised guidance
29/07/2016: FCA Press Release: FCA publishes second consultation paper on the Markets in Financial Instruments Directive II implementation
29/07/2016: CP16/19: Markets in Financial Instruments Directive II implementation proposals
29/07/2016: PS16/19: Financial Crime Reporting: feedback on Chapter 6 of CP15/42 and final rules
28/07/2016: FX Remediation: FCA next steps
27/07/2016: Dear CEO letter – FCA expectations of principal firms operating in the general insurance sector
26/07/2016: FCA Press Release: FCA publishes final findings of credit card market study
25/07/2016: FCA Statement: Enterprise Insurance Company indicates it is insolvent
25/07/2016: FCA Speech: London FinTech Week 2016 - innovation in RegTech
25/07/2016: Final Notice: Peter Roy Alexander
22/07/2016: Final Notice: Kildare Capital (UK) Limited
22/07/2016: Final Notice: Matrix Integrated Financial Solutions
22/07/2016: TR16/6: Principals and their appointed representatives in the general insurance sector
22/07/2016: FCA Press Release: FCA finds failings in the oversight of appointed representatives in the general insurance sector
22/07/2016: FCA Press Release: UK establishes FinTech Bridge with the Republic of Korea
22/07/2016: Closing date for comments to GC 16/5 (Wind-down guidance)
21/07/2016: Final Notice: H Finnikin
21/07/2016: FCA Press Release: FCA publishes thematic review into dark pools
21/07/2016: TR16/5: UK equity market dark pools – Role, promotion and oversight in wholesale markets
20/07/2016: FCA Speech: Chief Executive speaks at APM about recent work and future challenges
20/07/2016: FS16/4: Feedback Statement on Call for Input: Supporting the development and adopters of RegTech
19/07/2016: Closing date for comments to CP 16/14 (UCITS V Level 2 Regulation & SFTR)
18/07/2016: Occasional Paper No. 19: Attention, Search and Switching: Evidence on Mandated Disclosure from the Savings Market
18/07/2016: CP16/18: Changes to disclosure rules in the FCA Handbook to reflect the direct application of the PRIIPs Regulation
18/07/2016: FCA Press Release: FCA publishes new data on interest rates and update on cash savings remedies
15/07/2016: FCA Press Release: The FCA fines, publicly censures and orders Jersey resident to pay restitution for insider dealing and improper disclosure
15/07/2016: Final Notice: Gavin Breeze
14/07/2016: Final Notice: Crimson Car Sales
14/07/2016: Final Notice: Hunt Communications UK Limited
14/07/2016: Final Notice: Prestige Motor Base Limited
14/07/2016: Closing date for comments to CP 16/10 (Enforcement Review & Green Report)
14/07/2016: FCA: Update on our work around pensions and retirement income
14/07/2016: MS16/1 Retirement outcomes review: terms of reference
14/07/2016: FCA Press Release: FCA publishes Terms of Reference for the Retirement Outcomes Review
14/07/2016: FCA Press Release: FCA decides to cancel payday lender’s interim permission and ban its sole director
13/07/2016: Final Notice: Edge Performance 10 Limited
13/07/2016: Final Notice: Mark Andrew Walker
13/07/2016: Final Notice: Timothy Duncan Philip
13/07/2016: FCA Speech: Getting culture and conduct right - the role of the regulator
13/07/2016: Closing date for comments on views on the IPO discussion paper and potential changes to the IPO process (Corporate Banking Market Study)
13/07/2016: Closing date for comments to DP 16/3 (UK Equity IPO process)
13/07/2016: FCA Press Release: FCA fines Towergate and former director Timothy Philip for client and insurer money failings
12/07/2016: FCA Press Release: FCA publishes Annual Report 2015/16 and report of its competition activities since 2013
12/07/2016: Annual Report 2015/16 and Competition Report 2013-16
08/07/2016: FCA Press Release: FCA issues guidance following property fund suspensions
08/07/2016: FCA Press Release: FCA launches call for input on crowdfunding rules
08/07/2016: FCA Statement: Guidance on fund suspensions
07/07/2016: FCA Statement: Temporary prohibition of short selling: Credito Valtellinese sc, Telecom Italia spa
07/07/2016: FCA Statement: Bank of England, PRA, FCA and PSR review Memorandum of Understanding in relation to payment systems in the UK
07/07/2016: FG16/5: Guidance for firms outsourcing to the ‘cloud’ and other third party IT services
06/07/2016: FCA Statement: Temporary restriction in short selling: Banca Monte dei Paschi di Siena SpA
06/07/2016: FCA Press Release: Sue Lewis re-appointed Chair of the Financial Services Consumer Panel
04/07/2016: CP16/17: Quarterly Consultation Paper No. 13
03/07/2016: Effective today: The Market Abuse Regulation (MAR) will apply in the UK and across the EU replacing the current Market Abuse Directive (MAD).
30/06/2016: Final Notice: Cult Racing Limited
30/06/2016: Final Notice: Russell Blakely
30/06/2016: Final Notice: Trevor John Fry
30/06/2016: FCA Speech: Global regulation in the post-crisis era
30/06/2016: PS16/18: Changes to the Decision Procedure and Penalties manual and the Enforcement Guide for the implementation of the Market Abuse Regulation
30/06/2016: PS16/17: PSR regulatory fees 2016/17
30/06/2016: PS16/16: FCA regulated fees and levies 2016/17 including feedback on CP16/9 and 'made rules'
30/06/2016: GC16/6: Primary Market Bulletin No. 16
30/06/2016: Effective today: Complaints Handling rules for extending the informal response period to three business days along with the requirement to send a summary resolution communication
30/06/2016: Effective today: New Capital Adequacy Requirement rules for Personal Investment Firms. PIFs Minimum Capital increases.
29/06/2016: Final Notice: Dual Mortgage Brokers
29/06/2016: Final Notice: GB Financial Consultancy Limited
27/06/2016: Final Notice: Park Grove Financial Management Limited
26/06/2016: Final Notice: Secure Property Consultants Limited
24/06/2016: FCA Statement: European Union Referendum Result ; Financial Services Regulation post-Brexit
22/06/2016: FCA Speech: Competition Policy in Financial Markets – the view from the regulators
22/06/2016: FCA Statement: European Pensions Management Ltd enters administration
21/06/2016: Closing date CP 16/12 (Second annuity market)
21/06/2016: Final Notice: Refusal of Mr Kevin Clarke
17/06/2016: FCA Speech: Innovation and improving outcomes
16/06/2016: Press Release: FCA charge five in alleged investment fraud
15/06/2016: FCA Statement: FCA signs the Women in Finance Charter
15/06/2016: Final Notice: Cancellation imposed upon GGK Investments Limited
13/06/2016: Final Notice: FCA refuses Sunrise Brokers LLP candidate application to perform controlled functions
13/06/2016: Final Notice: FCA refuses Vehicle Supermarket of Leicester Limited
13/06/2016: Press Release: Former equities trader at Schroders Investment Management sentenced for insider dealing
10/06/2016: CP16/16: Minor Handbook changes related to mortgage borrowers with a payment shortfall
09/06/2016: Final Notice: FCA bans Mark Kelly
09/06/2016: Final Notice: FCA bans Patrick Gray
09/06/2016: Press Release: FCA bans two individuals for lack of integrity
07/06/2016: FCA Statement: Temporary restriction in short selling - extension Banco Comercial Português, S.A.
06/06/2016: FCA Statement: Temporary restriction in short selling Banco Comercial Português, S.A.
03/06/2016: Closing date for comments to TR 16/2 (Fair treatment of long-standing customers in the life insurance sector)
03/06/2016: FCA Statement: Response to the CMA’s provisional decision on remedies from its retail banking market investigation
02/06/2016: Final Notice: Cancellation imposed upon Ashbank Cars
02/06/2016: Final Notice: Application by Independent Family Advisers Limited refused
02/06/2016: FCA Statement: Temporary restriction in short selling Banco Comercial Português, S.A.
01/06/2016: Press Release: FCA fines CT Capital Ltd for failures related to PPI complaint handling
01/06/2016: Final Notice: CT Capital Limited fined
27/05/2016: Final Notice: Cancellation imposed upon Quick Pay Forex Limited
27/05/2016: Press Release: Megan Butler appointed permanent Director of Supervision – Investment, Wholesale and Specialists
26/05/2016: FCA Statement: FCA sends communication regarding potentially misleading marketing to all firms carrying out currency transfer services
26/05/2016: FCA Statement: FCA welcomes a significant milestone in the development of standards in FX markets through the publication of the BIS Global FX Code
26/05/2016: PS16/15: Feedback on CP15/33 - Consumer credit: proposals in response to the CMA recommendations on high-cost short-term credit
26/05/2016: Occasional Paper No. 18: Market-Based Finance: Its Contributions and Emerging Issues
26/05/2016: Press Release: FCA proposes cap on early exit charges
26/05/2016: CP16/15: Capping early exit pension charges
25/05/2016: Closing date for comments on Interim Report & Potential Remedies (Corporate Banking Market Study)
25/05/2016: Press Release: Over 55s at heightened risk of fraud, says FCA
24/05/2016: Occasional Paper No. 17: Access to Financial Services in the UK
23/05/2016: GC16/5: Proposed guidance on wind-down planning
22/05/2016: Closing date for comments on CP16/13 (Enforcement Guide - MAR)
19/05/2016: FCA Speech: Building societies: Facing the challenges and opportunities head on
19/05/2016: Press Release: The FCA bans Keydata’s former compliance officer, Peter Johnson
19/05/2016: Final Notice: Peter Francis Johnson banned - Why Firms should take heed of Consultants Advice
19/05/2016: CP16/14: UCITS V Level 2 Regulation, SFTR and consequential changes to the Handbook
16/05/2016: FS16/3: Feedback Statement on competition in the mortgage sector
16/05/2016: TR16/4: Embedding the Mortgage Market Review: Responsible Lending Review
16/05/2016: Press Release: FCA reviews find mortgage firms lending responsibly but scope for improvement on competition
13/05/2016: Press Release: Office of Financial Sanctions Implementation created to help UK businesses comply with financial sanctions
13/05/2016: Press Release: FCA fines and bans financial adviser for insider dealing
12/05/2016: Submission Deadline: First time COREP Reporting (for 1st January to 31st March 2016 Period) has to include Countercyclical Buffer
12/05/2016: Final Notice: Mark Samuel Taylor given fine and prohibition
12/05/2016: Final Notice: Cancellation imposed upon Made 2 Measure Fitted Furniture Limited
12/05/2016: Final Notice: Cancellation imposed upon R Sadler
12/05/2016: Final Notice: Cancellation imposed upon RM Trade Sales Limited
09/05/2016: Final Notice: Refusal imposed upon Nasser Yusuf trading as Advance Money Management
09/05/2016: Final Notice: Fine and cancellation imposed upon Terence Andrew Joint
09/05/2016: Press Release: Two convicted of insider dealing in Operation Tabernula trial
09/05/2016: Press Release: Financial Conduct Authority’s regulatory sandbox opens to applications
09/05/2016: Closing date for comments to DP 16/2 (CASS 7A and the Special Administration Review)
05/05/2016: Final Notice: Refusal of Aspect Garage Ltd
05/05/2016: Final Notice: Cancellation of Harrogate Van Centre Limited
05/05/2016: Final Notice: Cancellation of Motoassist UK Limited
05/05/2016: Final Notice: Cancellation of Rivington Bikes Limited
04/05/2016: Final Notice: Cancellation of El-Essawy Holistic Care Limited
29/04/2016: Closing dates for comments to FCA Statement (UK Countercyclical Buffer Rate Proposed Approach)
28/04/2016: PS16/13: Implementation of the Market Abuse Regulation
27/04/2016: Press Release: FCA proposes measures to improve the effectiveness of UK primary listed debt markets
27/04/2016: Final Notice: ABC Insolvency Services Limited
27/04/2016: GC16/4: Primary Market Bulletin No. 14
25/04/2016: PS16/12: Pension reforms – feedback on CP15/30 and final rules and guidance
22/04/2016: CP16/13: Changes to the Decision Procedure and Penalties Manual and the Enforcement Guide for the implementation of the Market Abuse Regulation
21/04/2016: CP16/12: Secondary annuity market – proposed rules and guidance
21/04/2016: Press Release: FCA outlines rules for secondary annuity market
20/04/2016: FCA Speech: The regulation of advice – recommendations post FAMR
20/04/2016: Press Release: FCA wins case in the Supreme Court
20/04/2016: FCA website poject enters its final phases
18/04/2016: Thematic Review Key Findings: Inducements and conflicts of interest key findings
15/04/2016: Occasional Paper No. 16: Are high-frequency traders anticipating the order flow? Cross-venue evidence from the UK market
15/04/2016: CP16/11: PSR regulatory fees 2016/17
14/04/2016: Press Release: FCA publishes Decision Notice for former UBS LIBOR trader
14/04/2016: Press Release: FCA and PRA jointly publish proposals to enhance enforcement decision-making processes
14/04/2016: CP16/10: Proposed implementation of the Enforcement Review and the Green Report
13/04/2016: DP16/3: Availability of information in the UK Equity IPO process
13/04/2016: FCA Statement: Tracey McDermott to leave the FCA
13/04/2016: Press Release: FCA publishes the interim report of its investment and corporate banking market study and a discussion paper on the IPO process
13/04/2016: Occasional Paper No. 15: Quid pro quo? What factors influence IPO allocations to investors?
12/04/2016: Final Notice: FCA bans former RBS LIBOR submitter, Mr Paul White
11/04/2016: FCA Speech: Innovate Finance Global Summit
08/04/2016: Final Notice: Timothy Alan Roberts
08/04/2016: FCA Speech: Consumer credit regulation: the journey so far
08/04/2016: FG16/4: Guidance on Small and Medium Sized Business (Credit Information) Regulations
07/04/2016: Press Release: FCA reminds asset managers of importance of meeting investors’ expectations
07/04/2016: TR16/3: Meeting investors’ expectations
06/04/2016: FCA Speech: Electronification of trading
05/04/2016: FCA Business Plan 2016/17
05/04/2016: Press Release: FCA publishes 2016/17 Business Plan
05/04/2016: CP16/9: FCA regulated fees and levies: rates proposals 2016/17
04/04/2016: FCA Statement: Countercyclical buffer rate for the UK: proposed approach
31/03/2016: FCA Statement: Statement on peer-to-peer applications for full authorisation
31/03/2016: PS16/11: Complaints against the Regulators
30/03/2016: Press Release: Overall complaints fell by 1.4%, driven by a reduction in complaints related to current accounts and savings accounts. PPI complaints rise
30/03/2016: FG16/3: Guidance on voluntary redress schemes under the Competition Act 1998
29/03/2016: GC16/3: Primary Market Bulletin No.13
29/03/2016: FG16/2: Primary Market Bulletin No.12
29/03/2016: PS16/10: Financial Services Compensation Scheme – Management Expenses Levy Limit 2016/17
24/03/2016: PS16/9: Ring-fencing: Disclosures to consumers by non-ring-fenced bodies
24/03/2016: FCA Speech: Investment Funds, Markets Liquidity and the Investor Liquidity in Focus
24/03/2016: Final Notice: Cancellation imposed upon BN1 Cars Ltd
24/03/2016: Press Release: Credit card provider NewDay to provide over £4 million in redress to customers
23/03/2016: FCA Speech: The FCA’s Competition Powers
23/03/2016: Press Release: British and Australian financial regulators sign agreement to support innovative businesses
22/03/2016: Press Release: Rent-to-own provider Buy as You View to pay £939,000 to around 59,000 customers
21/03/2016: Effective today: Implementation of the Mortgage Credit Directive (MCD)
21/03/2016: Final Notice: Cancellation imposed upon JPB Audio Visual Limited for PRIN 11 failing
21/03/2016: FCA Statement: Temporary restriction in short selling
21/03/2016: FCA Statement: FCA continues action against Capital Alternatives
21/03/2016: PS16/8: FCA Handbook changes regarding the segregation of client money on loan-based crowdfunding platforms, the Innovative Finance ISA, and the regulated activity of advising on peer-to-peer agreements
18/03/2016: CP16/8: Quarterly Consultation Paper No. 12
18/03/2016: Closing date for comments to DP15/7 (SMEs)
18/03/2016: Closing date for comments to GC16/2 (Consumer Credit security)
18/03/2016: Effective today: UCITS V Directive implemented by today across EU member states
17/03/2016: Occasional Paper No. 14: Liquidity in the UK corporate bond market: evidence from trade data - Transaction data throws new light on corporate bond liquidity
16/03/2016: Final Notice: Aaron Cooper refused by FCA for breaches related to threshold conditions and failing to be open and co-operative.
15/03/2016: Final Notice: Cancellation imposed upon Pacific Continental Securities (UK) Limited (In Liquidation) for failure to meet threshold conditions in Investment Advisor Sector
15/03/2016: Press Release: Phillip Boakes Sentenced for Failing to Pay Confiscation Order
15/03/2016: Press Release: Former equities trader pleads guilty to insider dealing
14/03/2016: FCA publishes Financial Advice Market Review (FAMR)
14/03/2016: Press Release: Reforms will make financial advice and guidance work better for consumers
14/03/2016: Closing date for views on Social Investments
10/03/2016: Occasional Paper No. 13: Economics for Effective Regulation
10/03/2016: FCA Article: The Economics of Intervention
10/03/2016: Final Notice: PDHL Limited
10/03/2016: Press Release: FCA contacting 16,000 customers of debt management firm, PDHL
09/03/2016: Press Release: FCA publishes a Discussion Paper on the client money distribution rules and the Special Administration Regime
09/03/2016: DP16/2: CASS 7A and the Special Administration Regime Review
09/03/2016: FS16/2: Feedback Statement on Call for Input: Regulatory barriers to innovation in digital and mobile solutions
08/03/2016: Final Notice: Cga Insurance Services Limited
08/03/2016: Final Notice: Geoffrey Harold Arthur Fincher
08/03/2016: Final Notice: Marlborough Isleworth Motors Limited
08/03/2016: Final Notice: Peter Charles Bottomley
08/03/2016: Final Notice: Yswiriant Celtic Insurance
08/03/2016: Closing date for comments to CP15/43 MiFID II Implementation Consultation Paper 1
07/03/2016: Effective today: Senior Managers Regime and Certification Regime. (Banks, building societies, CUs & PRA-designated investment firms)
07/03/2016: Deadline: Relevant Firms must have appointed Whistleblowers’ Champion (Senior Managers Regime)
07/03/2016: Press Release: New accountability regime for banks and insurers comes into force
07/03/2016: Effective by today: Individual accountability for decision-making in banks, building societies, CUs & PRA-designated investment firms
04/03/2016: Dear CEO letter – fair treatment of long-standing customers in the life insurance sector
04/03/2016: Closing date for response to CP 15/41 (General insurance markets)
04/03/2016: FCA Statement: Operation of the MoU with the Bank of England for market infrastructure - 2015 performance statement
03/03/2016: Final Notice: Abbas Khan trading as Parry Lane Services cancellation imposed for breaches of PRIN 11 in the consumer credit sector
03/03/2016: Final Notice: Good Motors Limited cancellation imposed for breaches of PRIN 11 in the consumer credit sector
03/03/2016: Final Notice: James Kirkwood cancellation imposed for breaches of PRIN 11 in the consumer credit sector
03/03/2016: Final Notice: Premier Dental Limited cancellation imposed for breaches of PRIN 11 in the consumer credit sector
03/03/2016: Final Notice: Treviso Coffee Co Limited cancellation imposed for breaches of PRIN 11 in the consumer credit sector
03/03/2016: FCA Statement: Fair treatment of long-standing customers in the life insurance sector
03/03/2016: TR16/2: Fair treatment of long-standing customers in the life insurance sector
02/03/2016: PS16/6: Consequential Changes to the Senior Managers Regime
02/03/2016: CP16/7: Payment Accounts Regulations 2015 - draft Handbook changes and draft guidance
02/03/2016: Press Release: FCA bans former Deutsche Bank trader, Michael Ross Curtler, following LIBOR fraud
02/03/2016: Final Notice: Michael Ross Curtler
01/03/2016: Press Release: FCA launches 'Live & Local': a new regional programme to help local firms engage with regulators
01/03/2016: Press Release: FCA to publish claims scorecards
01/03/2016: FS16/1: Feedback Statement on DP15/4 – General insurance value measures
29/02/2016: FCA Good Practice: Liquidity Management for Investment Firms
29/02/2016: FCA Statement: PRA and FCA statement on compliance with the EBA Guidelines on Sound Remuneration Policies
29/02/2016: Closing date for comments on CP 15/40 FSCS
26/02/2016: Closing date for comments on CP 15/39 PPI Complaints
25/02/2016: Final Notice: AKV Vehicles Limited cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: Alan Whittington cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: FJ Autos Limited cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: Jawad Khan cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: John Sanders cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: Jonathan R Milnes cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: Parvin Oghabi Sajjadi cancellation imposed for breaches of PRIN 11 in the consumer credit sector
25/02/2016: Final Notice: Simon Wright cancellation imposed for breaches of PRIN 11 in the consumer credit sector
24/02/2016: FCA Statement: National Audit Office report – financial services mis-selling: regulation and redress
23/02/2016: FCA Speech: UK FinTech: Regulating for innovation by Stephen Woolard, FCA Director of Strategy & Competition
23/02/2016: Press Release: FCA fines and restricts W H Ireland Limited for market abuse risks
23/02/2016: Final Notice: David Williams T/A Debts Maze Solutions
23/02/2016: Final Notice: W H Ireland Limited: Fined £1.2 Million for failure to ensure adequate systems and controls to prevent market abuse being detected or occurring.
22/02/2016: Final Notice: Cross Keys Estate & Finance Limited
22/02/2016: Press Release: FCA encourages firms to do more to support ageing population
22/02/2016: DP16/1: Ageing population and financial services
20/02/2016: Closing date for comments on CP 15/38 Changes to DTR - Delay in Disclosure of Inside Information
19/02/2016: TR16/1: Assessing suitability: Research and due diligence of products and services
19/02/2016: GC16/2: Proposal to issue guidance on the FCA’s view of enforcing security under the Consumer Credit Act 1974
19/02/2016: Press Release: Advice firms demonstrate some good practice on due diligence but greater consistency needed
18/02/2016: Press Release: FCA publishes Call for Input on the review of retained provisions of the Consumer Credit Act
15/02/2016: PS16/5: Strengthening accountability in banking and insurance: implementation of SM&CR and SIMR, and PRA requirements on regulatory references
15/02/2016: Closing date for comments on GC 16/1 (Voluntary Redress Schemes)
12/02/2016: Press Release: £2.9 million to be returned to investors following FCA prosecution
12/02/2016: Closing date for comments on GC 15/6 (IT Outsourcing)
11/02/2016: CP16/6: Complaints against the Regulators
11/02/2016: Closing date for comments on CP 16/4 (Client Money Segregation - Crowdfunding)
09/02/2016: Final Notice: Achilles Macris financial penalty imposed and concerns over breaches of APER 4 related to failure to deal with the FCA in an open and cooperative way
09/02/2016: Press Release: FCA fines former Head of JP Morgan’s CIO International £792,900 for failing to be open and co-operative
08/02/2016: Submission Deadline: For grandfathering notifications (Senior Managers Regime)
08/02/2016: PS16/4: Fair, reasonable and non-discriminatory access to regulated benchmarks
05/02/2016: Closing date for comments on CP 16/1 Consequential Changes to the Senior Managers Regime
04/02/2016: FCA Speech: Independence, Confidence & Fairness - by Tracey McDermott, Acting Chief Executive, FCA
04/02/2016: FCA Speech: Do I need to worry about benchmark regulation? by Edwin Schooling Latter, Head of Markets Policy, FCA
04/02/2016: Press Release: FCA confirms accountability rules for wholesale traders and interim rules on regulatory references
04/02/2016: Closing date for comments on CP 15/42 Chapters 2, 3, 4, 5, 6, 8 and 10 (Quarterly Consultation)
04/02/2016: Closing date for comments on CP 15/35: Policy proposals and Handbook changes related to the implementation for Market Abuse Regulation (MAR)
04/02/2016: PS16/3: Strengthening accountability in banking: Feedback on CP15/22 and CP15/31; final rules on extending the certification regime to wholesale market activities and interim rules on referencing
02/02/2016: CP16/5: Handbook changes to reflect the introduction of the Innovative Finance ISA and the regulated activity of advising on peer-to-peer agreements
02/02/2016: PS16/2: Implementation of the UCITS V Directive
02/02/2016: FCA issues Dear CEO Letter to CFD Firms: Client take-on review in firms offering contract for difference (CFD) products
01/02/2016: PS 16/1: Reform of the legacy Credit Unions Sourcebook
01/02/2016: Press Release: FCA takes disciplinary action against five individuals and three firms in relation to solicitors’ professional indemnity insurance and other insurance schemes’ failures. Total fines £15.5 Million.
01/02/2016: Final Notice: Andrea Christine Sadler
01/02/2016: Final Notice: Bar Professions Limited (in Liquidation)
01/02/2016: Final Notice: Colin J McIntosh
01/02/2016: Final Notice: Coverall Worldwide Ltd
01/02/2016: Final Notice: Millburn Insurance Company Limited (in administration)
01/02/2016: Final Notice: Robert John Bygrave
01/02/2016: Final Notice: Shaye Jacobs Reches
01/02/2016: Final Notice: Wayne Anthony Redgrave
28/01/2016: Press Release: FCA and PRA investigations into HBOS senior managers
27/01/2016: Final Notice: EVS Trading Limited
27/01/2016: Final Notice: Manchester Plumbing Supplies Limited
27/01/2016: Final Notice: Ray Alexander Wilson
27/01/2016: Final Notice: WH Car Sales Limited
27/01/2016: FCA Statement: Clarifying our supervisory intentions: overall responsibility for the legal function under the Senior Managers Regime
26/01/2016: Final Notice: Money Clinic Debt Management
26/01/2016: Final Notice: Veena Bhandari refused application for CF3 for failing to meet the competence & capability criteria of the Fit & Proper Test
26/01/2016: Press Release: Andrew Bailey appointed new FCA Chief Executive
21/01/2016: CP 16/4: Loan-based crowdfunding platforms and segregation of client money
21/01/2016: FCA Statement: Temporary prohibition of short selling: Banco Popolare
20/01/2016: Press Release: New Bank Start-up Unit launched by the financial regulators
20/01/2016: FCA Statement: Extension of temporary prohibition of short selling: Banca Monte dei Paschi di Siena S.p.A.
19/01/2016: GC16/1: Proposed guidance on voluntary redress schemes under the Competition Act 1998
19/01/2016: FCA Statement: The Financial Conduct Authority moves up to 40th place in Stonewall’s Top 100 Employers 2016 rankings
19/01/2016: FCA Statement: Temporary prohibition of short selling: Mota-Engil SGPS SA
18/01/2016: Press Release: Eight weeks remaining for card security product holders to claim compensation
18/01/2016: FCA Statement: Temporary prohibition of short selling: Banca Monte dei Paschi di Siena S.p.A.
18/01/2016: CP16/3: Financial Services Compensation Scheme – Management Expenses Levy Limit 2016/17
15/01/2016: CP16/2: Mortgage Credit Directive: Minor changes to our rules and guidance
13/01/2016: Press Release: FCA publishes latest Retirement Income Market Data
12/01/2016: Effective today: SFTR (Disclosure requirements re: fund’s pre-contractual documents to managers of new funds constituted from today)
12/01/2016: FCA Statement: Temporary prohibition of short selling: Banca Monte dei Paschi di Siena S.p.A.
12/01/2016: Final Notice: Mark Thorogood Refusal
11/01/2016: Closing date for comments on GC 15/7 Primary Market Bulletin No. 12
08/01/2016: Final Notice: Knight Home Improvements Limited Refusal
08/01/2016: Final Notice: Lynda Jayne Croome
07/01/2016: FCA Statement regarding Tracey McDermott
07/01/2016: Press release: FCA publishes latest Retirement Income Market Data
06/01/2016: CP16/1: Consequential changes to the Senior Managers Regime
04/01/2016: Closing date for Comments on CP 15/42 Chapters 7 and 9 (Quarterly Consultation)
01/01/2016: UK adopts Common reporting Standards (CRS) as laid out in DAC- Financial Institutions must comply ready for CRS reporting in 2017
01/01/2016: Effective today: Remainder of the prudential rules to implement The Recovery & Resolution Directive (RRD) such as those in relation to the contractual recognition of bail-in become effective. (Read more on Recovery & Resolution RRD Reporting in GABRIEL)
01/01/2016: Effective today: New remuneration rules on deferral and clawback periods.
01/01/2016: Effective today: Firms must comply with Solvency II Directive relating to the Omnibus II agreement in Europe
01/01/2016: Effective today: New Capital Buffer Rates for CRD IV Capital Calculation take effect - COREP Reporting affected

News & Views

Read our latest articles, news and views affecting compliance and regulation in the UK Financial Services Industry.

What Concerns You Now:

2017 REGULATORY NEWS 2016 REGULATORY NEWS 2015 REGULATORY NEWS 2014 REGULATORY NEWS 2013 REGULATORY NEWS