Executive Summary This week’s regulatory publications indicate several high-priority areas for risk, compliance, and legal functions. The Financial Conduct Authority (FCA) has issued direct warnings on firm conduct, M&A governance, and consumer protection, signalling a clear supervisory and enforcement focus. Key considerations arising this week include: M&A Governance and Integration:  The FCA’s multi-firm review of wealth sector consolidation criticises weak due diligence,

1. Executive Summary: Key Themes Three critical developments dominated this week’s regulatory landscape: AML Supervisory Consolidation:  HM Treasury confirmed a significant reform of the UK’s AML/CTF supervisory architecture. The decision to consolidate supervision of the legal, accountancy, and TCSP sectors under a new Single Professional Services Supervisor (SPSS) role, to be fulfilled by the FCA, will replace the existing 22 Professional Body Supervisors (PBSs). Affected f

Executive Summary The UK is shifting towards bilateralism, forming tailored financial agreements with key non-EU partners. The...

Executive Summary This week's regulatory developments emphasise a continued focus on strong governance frameworks, the implementation of...

Recent policy amendments by the United Kingdom's Financial Conduct Authority (FCA) and the United States' Securities and Exchange...

1.0 Executive Summary On 1 August 2025, the UK's Financial Conduct Authority (FCA) announced a significant policy reversal, permitting...