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ARTICLE · 05 SEPTEMBER 2024

Monthly Regulatory Newsletter – August 2024

RQC Group
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Our August 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.

GlobalFinance and Banking
RQC Group
RQC Group

Our August 2024 Monthly Newsletter is out, covering notable regulatory news and activities that took place last month in the UK, the EU and the US.

This month we cover the following:

UK:

  • "Re-bundling" of research and execution services permissible from 1 August 2024
  • Asset manager to pay €250 million to investors following FCA investigation
  • The FCA's "PEP talk": firms called on to improve their treatment of Politically Exposed Persons
  • Strengthening the financial gateway: criminal background checks for controllers
  • Implementing the Overseas Funds Regime
  • Review of FCA requirements following introduction of the Consumer Duty
  • FCA fee rate movement 2024/25
  • FCA authorisations operating service metrics

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