MyComplianceOffice Blog

I recently had the privilege of speaking on the sessionRegTech Adoption – The Way Forward at the 2022 ASIFMA Compliance Asia Conference as part of a panel of industry experts. The conference featured three half-days of info-packed sessions that covered the latest compliance issues and emerging regulatory trends. 

The U.K. Financial Conduct Authority (FCA) has released its three-year strategy for 2022-2025. The document sets out the FCA’s areas of focus for the next few years along with the goals of preventing serious harm, setting higher standards and promoting competition.

 What does compliance need to know about the regulator’s updated longer term plans?

Regulated digital assets might sound like an oxymoron given that cryptocurrency was developed as an anti-establishment alternative to conventional finance. However, growing use of such assets has encouraged regulators across the world to take a closer look at this developing asset class.

Much has been written about the Great Resignation of 2021 and 2022. In addition, the past few years have seen workplace norms disrupted by COVID and working remote. What’s been the impact of a shifting employment landscape on compliance in the financial services industry?

The Senior Managers Certification Regime, abbreviated to SMCR or SMR, is a regulation implemented by UK regulators in March 2016. The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) introduced this legislation to ensure greater regulatory accountability for senior managers within high-profile banks.