LEXISNEXIS_ICON4_SIGNINSign-in LEXISNEXIS_ICONS_SUPPORTHelp

Risk management and controls

View Financial Services by content type:

News
Practice notes
Precedents
Q&As

Latest Financial Services News

US Congress to tackle anticorruption legislation, including bill to outlaw foreign bribe solicitation

US Congress to tackle anticorruption legislation, including bill to outlaw foreign bribe solicitation

The following Corporate Crime news provides comprehensive and up to date legal information on US Congress to tackle anticorruption legislation, including bill to outlaw foreign bribe solicitation

Top UK court to hear £118m HSBC Ponzi scheme case

Top UK court to hear £118m HSBC Ponzi scheme case

The following Financial Services news provides comprehensive and up to date legal information on Top UK court to hear £118m HSBC Ponzi scheme case

Payments watchdog warns over UK access-to-cash divide

Payments watchdog warns over UK access-to-cash divide

The following Financial Services news provides comprehensive and up to date legal information on Payments watchdog warns over UK access-to-cash divide

OFAC settlement extends sanctions reach beyond US dollar

OFAC settlement extends sanctions reach beyond US dollar

The following Corporate Crime news provides comprehensive and up to date legal information on OFAC settlement extends sanctions reach beyond US dollar

Featured Financial Services content

Multilateral Trading Facilities (MTFs)

Multilateral Trading Facilities (MTFs)

Multilateral Trading Facilities (MTFs)BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...

Insurance conduct regulation—COBS and ICOBS

Insurance conduct regulation—COBS and ICOBS

Insurance conduct regulation—COBS and ICOBSBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...

What is electronic money?

What is electronic money?

What is electronic money?BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period...

European Insurance and Occupational Pensions Authority (EIOPA)

European Insurance and Occupational Pensions Authority (EIOPA)

European Insurance and Occupational Pensions Authority (EIOPA)BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the...

Practice notes

Financial Conduct Authority—Principles for Businesses (PRIN)

Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
Read More >
19th May
Practice notes

Exempt consumer credit agreements under the FSMA 2000 (Regulated Activities) Order 2001

Exempt consumer credit agreements under the FSMA 2000 (Regulated Activities) Order 2001This Practice Note seeks to explain the types of agreements...
Read More >
Produced in partnership with Rebecca Kellner of Orrick, Herrington & Sutcliffe and Jacqui Hatfield of Orrick, Herrington & Sutcliffe 19th May
Practice notes

Interaction between the PRA, FCA and FPC

Interaction between the PRA, FCA and FPCBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
19th May
Practice notes

Second Wire Transfer Regulation (EU WTR2 and UK WTR2)—essentials

Second Wire Transfer Regulation (EU WTR2 and UK WTR2)—essentialsThe Second Wire Transfer Regulation (EU) 2015/847 (WTR2), also known as the Funds...
Read More >
19th May
Practice notes

Overview of UK implementation of the Consumer Credit Directive

Overview of UK implementation of the Consumer Credit DirectiveBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the...
Read More >
Produced in partnership with Sam Millar of DLA Piper and Tony Katz of DLA Piper 19th May
Practice notes

FCA client money rules

FCA client money rulesBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period...
Read More >
19th May
Practice notes

What are regulated activities?

What are regulated activities?Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated...
Read More >
19th May
Practice notes

FCA client classification requirements

FCA client classification requirementsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
19th May
Practice notes

SM&CR—Statements of Responsibility (SoRs)

SM&CR—Statements of Responsibility (SoRs)Banks, building societies, credit unions, PRA-regulated investment firms and insurers are required to file a...
Read More >
19th May
Practice notes

EMIR REFIT and EMIR 2.2 roadmap

EMIR REFIT and EMIR 2.2 roadmapRegulation (EU) 2019/834 (OJ L 141/42) (EU EMIR REFIT) was published in the Official Journal of the EU on 28 May 2019...
Read More >
19th May
Practice notes

The European Systemic Risk Board

The European Systemic Risk BoardBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation...
Read More >
19th May
Practice notes

The Financial Services Compensation Scheme

The Financial Services Compensation SchemeBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with Honor Levy of LexisNexis 19th May
Practice notes

Financial Services Compensation Scheme (FSCS)—the qualifying conditions for compensation

Financial Services Compensation Scheme (FSCS)—the qualifying conditions for compensationThis Practice Note covers the conditions necessary for the...
Read More >
Produced in partnership with Honor Levy of LexisNexis 19th May
Practice notes

The Single Rulebook

The Single RulebookBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered...
Read More >
Produced in partnership with DLA Piper 19th May
Practice notes

Unregulated collective investment schemes—essentials

Unregulated collective investment schemes—essentialsWhat are unregulated collective investment schemes?In the UK, an unregulated collective investment...
Read More >
Produced in partnership with Lora Froud of Macfarlanes 19th May
Practice notes

Responsible lending requirements—CONC 5

Responsible lending requirements—CONC 5BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with Jacqui Hatfield of Orrick, Herrington & Sutcliffe 19th May

Most recent Risk management and controls content

Practice notes

Remuneration Code for Dual Regulated Firms

Remuneration Code for Dual Regulated FirmsPurpose and context of the Remuneration CodeThe aim of the Remuneration Code is to ensure that firms have...
Read More >
12th Aug
Practice notes

Prudential Regulation Authority—Fundamental Rules

Prudential Regulation Authority—Fundamental RulesBackground to the Fundamental RulesPrior to the creation of the Financial Conduct Authority (FCA) and...
Read More >
11th Aug
Practice notes

Non-executive directors (NEDs) and effective corporate governance—expectations of the Financial Conduct Authority (FCA)

Non-executive directors (NEDs) and effective corporate governance—expectations of the Financial Conduct Authority (FCA)General role and responsibility...
Read More >
11th Aug
Practice notes

IFPRU Remuneration Code

IFPRU Remuneration CodeBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period...
Read More >
11th Aug
Practice notes

AIFMD—Remuneration Code

AIFMD—Remuneration Code .What is the AIFMD?The AIFMD (Directive 2011/61/EU) covers the management, administration and marketing of alternative...
Read More >
11th Aug
Q&As

Is a commercial organisation required by the GDPR or any other data/privacy regulation to notify a customer via a recorded message at the start of a call that their telephone call is being recorded?

Is a commercial organisation required by the GDPR or any other data/privacy regulation to notify a customer via a recorded message at the start of a...
Read More >
Produced in partnership with Peter Steel of Augury Consulting Limited 11th Aug
Practice notes

Monitoring staff, IT and communications systems in the workplace

Monitoring staff, IT and communications systems in the workplaceFrom IP completion day (11pm on 31 December 2020), Regulation (EU) 2016/679, General...
Read More >
11th Aug
tag iconIn-house
Practice notes

Processing personal data—standard of consent

Processing personal data—standard of consentThis Practice Note is based on the UK General Data Protection Regulation (UK GDPR) and consent guidance...
Read More >
1st Aug
Practice notes

Cloud computing—Austria—Q&A guide

Cloud computing—Austria—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in Austria published as part of the...
Read More >
31st Jul
Practice notes

Cloud computing—South Korea—Q&A guide

Cloud computing—South Korea—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in South Korea published as part...
Read More >
31st Jul
Practice notes

Data protection principles under the DPA 1998 [Archived]

Data protection principles under the DPA 1998 [Archived]ARCHIVED: This archived Practice Note provides information on the data protection regime...
Read More >
Produced in partnership with Pillsbury Winthrop Shaw Pittman LLP 31st Jul
Practice notes

Cloud computing—USA—Q&A guide

Cloud computing—USA—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in USA published as part of the Lexology...
Read More >
31st Jul
Practice notes

Cloud computing—Sweden—Q&A guide

Cloud computing—Sweden—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in Sweden published as part of the...
Read More >
31st Jul
Practice notes

Key definitions under the DPA 1998 [Archived]

Key definitions under the DPA 1998 [Archived]ARCHIVED: This archived Practice Note provides information on the data protection regime before 25 May...
Read More >
31st Jul
Practice notes

Cloud computing—Germany—Q&A guide

Cloud computing—Germany—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in Germany published as part of the...
Read More >
31st Jul
Q&As

Which financial institutions have to follow the obligations under the Prudential Regulation Authority's Remuneration Code to apply clawback provisions to bonus awards? Also what are the implications of a role being classified as Code Staff for the purposes of the PRA and FCA Remuneration Code (a material risk taker)?

Which financial institutions have to follow the obligations under the Prudential Regulation Authority's Remuneration Code to apply clawback provisions...
Read More >
31st Jul
Practice notes

Applying exemptions under the DPA 1998—reference table [Archived]

Applying exemptions under the DPA 1998—reference table [Archived]The table in this Practice Note identifies and briefly summarises the principal...
Read More >
31st Jul
Practice notes

Exemptions to the DPA 1998 [Archived]

Exemptions to the DPA 1998 [Archived]ARCHIVED: This archived Practice Note provides information on the data protection regime before 25 May 2018 and...
Read More >
31st Jul
Practice notes

Cloud computing—Brazil—Q&A guide

Cloud computing—Brazil—Q&A guideThis Practice Note contains a jurisdiction-specific Q&A guide to cloud computing in Brazil published as part of the...
Read More >
31st Jul
Practice notes

Non-disclosure exemptions under the DPA 1998 [Archived]

Non-disclosure exemptions under the DPA 1998 [Archived]ARCHIVED: This archived Practice Note provides information on the data protection regime before...
Read More >
31st Jul

Popular documents

Convention rights—structure of qualified rights

Convention rights—structure of qualified rights

Convention rights—structure of qualified rightsThe rights preserved under the European Convention on Human Rights (ECHR), as set out in the Human Rights Act 1998 Sch 1, can be broadly divided into three groups:•absolute rights—which cannot be interfered with by the state or derogated from even in a

Skeleton arguments

Skeleton arguments

Skeleton argumentsThis Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not

AML and counter-terrorist financing—source of funds and source of wealth

AML and counter-terrorist financing—source of funds and source of wealth

AML and counter-terrorist financing—source of funds and source of wealthSource of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March 2018. Its findings included that:•most firms understood the distinction between

Easements and perpetuities

Easements and perpetuities

Drafting—2009 ActThe Perpetuities and Accumulations Act 2009 effectively disapplies the rule against perpetuities from future easements granted on or after 6 April 2010, so a draftsman now need not be concerned to specify a perpetuity period. Any restrictions on the exercise of the easement