Bob Penn - Financial Services Regulatory, London, Partner - Profile
Thomas Donegan - Financial Services Regulatory, London, Partner - Profile
Nick Bradbury - Financial Services Regulatory, London, Partner - Profile
Nikki Johnstone - Financial Services Regulatory, London, Partner - Profile
Sarah Hitchins - Litigation & Investigations, London, Partner - Profile
Jean Price - Financial Services Regulatory, London, Counsel - Profile
Synopsis: The new Financial Services and Markets Bill, referred to as the Enhancing Financial Services Bill in the recent King’s speech, was introduced in the House of Lords on 19 May. In this session we will unpack its contents, consider how much is new, and what it means for firms and the UK financial services market. In particular, we will discuss the proposals to: (i) modernise the Consumer Credit Act 1974 and reform the Financial Ombudsman Service; (ii) consolidate the regulatory framework with the abolition of the Payment Systems Regulator; (ii) improve the operational effectiveness of the FCA and PRA; (iv) create a new ‘provisional licences’ authorisation regime; (v) improve confidence in the appointed representatives regime; (vi) create a framework for HMT to establish overseas recognition regimes for any financial services activity; (vii) reduce the overall burden of the senior managers and certification regime; (viii) update the statutory framework underpinning the ring-fencing regime; and (ix) reform the supervision of anti-money laundering / counter-terrorism financing.
This seminar qualifies for 1 CPD point/s
If you have any queries please email seminarregistration@allenovery.com.