Burness Paull and Johnston Carmichael Safeguarding 2:0 Webinar - 5 March 2024 скачать в хорошем качестве

Burness Paull and Johnston Carmichael Safeguarding 2:0 Webinar - 5 March 2024

The FCA has committed to publishing a consultation paper in the first quarter of this year setting out its proposed changes to the safeguarding requirements for payments and e-money institutions. Following this, it is expected that the new rules will land somewhere between October 2024 and March 2025. Hot on the heels of full implementation of the Consumer Duty, this could be the next significant regulatory change that payments and e-money firms will be required to implement over the next year. The changes come as part of HM Treasury’s Future Regulatory Framework review which looks to ensure that the UK maintains a coherent, agile, and internationally respected approach to financial services regulation. The aim of the changes is to provide robust safeguards for consumers and to maintain market integrity and financial stability while continuing to contribute to the UK’s international competitiveness and economic growth. As we anticipate the publication of the FCA's consultation paper, it is crucial for your firm to be well-informed and proactive.