Posts by Ian

The Financial Conduct Authority (“FCA”) has been fast out of the blocks in response to intense (some might say “desperate”) lobbying from His Majesty’s Government to help foster UK growth. The FCA’s strategic vision is entitled “Deepening Trust, Rebalancing Risk, Supporting Growth, Improving Lives.”  One thing we can conclude, judging by the FCA’s 22-page vision,…

The government wrote to regulators at the end of 2024 against the backdrop of a flatlining economy, requesting that they and their regulations “support growth”. On 16th January, the FCA’s Nikhil Rathi responded to the government’s request with a three-page letter entitled “A New Approach to Ensure Regulators and Regulations Support Growth”. It identifies six…

We are often asked by prospective Appointed Representatives (“ARs”) what the relationship involves and how directly Sentinel will be involved in their day-to-day business. In some cases, such as incoming overseas firms, the prospective AR is entirely unfamiliar with FCA regulation, so it is potentially an even more daunting challenge. However, as explained below, Sentinel…