Posts Tagged ‘Oversight’

Our regulatory newsletter aims to provide insight into the changes and updates which may have an impact on your firm. At Objectivus we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: FCA sets out next phase of smarter and more effective regulation FCA…

  Focus is shifting beyond trading desks into custody, settlement and intermediary roles Recent financial litigation has focused on trading activity but that focus is beginning to shift. Much of the attention in recent cases has been on trading desks and transaction origination. As matters develop, scrutiny is beginning to move further along the transaction…

Executive Summary: While the primary focus of regulators has historically been on cash shares and physical distributions, the landscape of market oversight is evolving. This article examines how derivatives, such as Total Return Swaps (TRS), are becoming a focal point for withholding tax (WHT) scrutiny and what this means for the technical oversight and reporting…

Executive Summary: As the timeline for investigations into historical market practices stretches back over a decade, the primary obstacle for institutions has become the degradation of institutional data. This article explores the technical difficulties of reconstructing historical settlement logic within a modern regulatory framework and the importance of objective forensic analysis when examining systems from…

  Technical Architecture and the Attribution of Post-Trade Liability Executive Summary: As regulatory scrutiny of historical dividend arbitrage continues in 2026, the focus has increasingly moved to the post-trade environment. For clearing houses and custodian banks, the challenge lies in providing a technical explanation of how legacy settlement systems functioned during periods of high volume…

  In February 2026, HM Treasury released a consultation proposing significant reforms to the UK’s Appointed Representatives (AR) regime, a framework currently used by around 34,000 ARs operating under approximately 2,400 authorised principal firms. Although these reforms are not yet in force, the consultation signals the clearest regulatory direction of travel since the Financial Services…

Our regulatory newsletter aims to provide insight into the previous month’s changes and updates which may have an impact on your firm. At Objectivus we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: FCA publishes consultation on remaining cryptoasset perimeter and broader regulatory…

UK regulators are sending a clear message to senior managers. If artificial intelligence causes harm on your watch, you will still be held accountable. In January, Parliament’s Treasury Committee warned that the FCA expects senior managers to understand any AI systems used within their area of responsibility. The difficulty is that many AI tools are…

  The Financial Conduct Authority has published Consultation Paper CP26/4 setting out how key parts of the FCA Handbook will apply to firms undertaking newly regulated cryptoasset activities in the UK. This is a key step towards the UK’s future cryptoasset regulatory regime and confirms that crypto firms will be subject to the same governance,…

  Why cases are increasingly shaped before they are ever heard In financial services enforcement and contested supervisory action, the landscape is shifting. Increasingly, outcomes are being shaped not by disputed facts alone, but by the framing, methodology and influence of expert evidence at a much earlier stage than many firms and advisers expect. This…

  This paper shows how regulatory supervisors assess harm, evidence and governance after a disruption.   Operational resilience has moved into a new supervisory phase where the focus is no longer on whether firms have completed mapping, impact tolerances and scenario testing but on whether those materials are fit for purpose when read after an…

Our regulatory newsletter aims to provide insight into the previous month’s changes and updates which may have an impact on your firm. At Objectivus we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: FCA simplifies complaints reporting process FCA consults on reducing late…

  Our regulatory newsletter aims to provide insight into the previous month’s changes and updates which may have an impact on your firm. At Objectivus we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: FCA publishes consultation on UK transaction reporting regime FCA…

  In October, the Financial Conduct Authority (FCA) published a press release alerting to significant shortfalls among corporate finance firms in meeting their obligations under the Money Laundering Regulations 2017. These findings emphasise the growing regulatory emphasis on financial crime controls in the advisory and corporate finance sector, signalling that firms must act now to…

  Major shifts under CP25/29 and where this places the UK in global context On 28 October 2025 the Financial Conduct Authority (FCA) launched consultation paper CP 25/29, setting out its proposed rulebook for short-selling in the UK. The consultation is open until 16 December 2025. Changes since the 2018 (Brexit Withdrawal) regime Under the previous…

  Our regulatory newsletter aims to provide insight into the previous month’s changes and updates which may have an impact on your firm. At Objectivus we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: Denmark loses £1.4 billion tax-fraud claim in UK High…

  Our regulatory newsletter aims to provide insight into the previous month’s changes and updates which may have an impact on your firm. At Objectivus, we are well positioned to provide context and support for firms working to understand such changes. In this issue we cover: FCA proposes easing of Consumer Duty for wholesale firms…

  On Thursday 2nd October Mr Justice Andrew Baker handed down a landmark decision in the case SKAT v Solo Capital Partners LLP and others at the High Court, King’s Bench Division.  After 6 years of litigation, all claims against Sanjay Shah, Mrs Shah and the other defendants were dismissed, leaving SKAT liable for a…