Governance

Recent Articles

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    10/07/2025

    FCA’s Consultation on Tackling Non-Financial Misconduct

    On 2 July 2025, the FCA published its Consultation Paper and Policy Statement (CP25/18) on tackling non-financial misconduct in the financial services sector. The Consultation Paper follows the FCA’s consultation in 2023 (CP23/20) which proposed broader reforms in relation to diversity and inclusion and non-financial misconduct. While the FCA confirmed in March 2025 that it would not be taking forward the D&I related reforms, it made clear that it would continue to prioritise its work to tackle non-financial misconduct (NFM). CP25/18 builds on CP23/20 and feedback received on those proposals....
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    02/07/2025

    Financial Services Webinars On Demand

    View recordings of CMS financial services webinars available on demand.Webinars are a convenient way to stay informed and hear from our legal experts.Webinars On Demand
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    03/06/2025

    New UK Stewardship Code Published

    On 3 June 2025, the Financial Reporting Council (“FRC”) published its new UK Stewardship Code 2026 (the “2026 Code”). The UK Stewardship Code is a voluntary code of asset managers, asset owners and service providers, with the aim of encouraging effective stewardship of assets.The 2026 Code builds on the prior update of the code – the UK Stewardship Code 2020 (the “2020 Code”) – and follows on from a 2024-2025 consultation process. The 2026 Code was published alongside a feedback statement setting out the outcomes of the FRC’s revisions to the...
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    06/05/2025

    Financial Services Webinars On Demand

    View recordings of CMS financial services webinars available on demand.Webinars are a convenient way to stay informed and hear from our legal experts.Webinars On Demand
    Read more
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    03/04/2025

    Financial Services Webinars On Demand

    View recordings of CMS financial services webinars available on demand.Webinars are a convenient way to stay informed and hear from our legal experts.Webinars On Demand
    Read more
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    17/03/2025

    Regulator retreat - FCA abandons ‘name and shame’ proposal

    Last week the Financial Conduct Authority (“FCA”) announced its decision to drop the controversial proposal to publicise live enforcement investigations citing the “lack of consensus”.BackgroundIn February 2024, the FCA proposed a significant shift in its approach to publicising enforcement cases in Consultation Paper 24/2 (“CP24/2”) Part 1.  In a bid to increase transparency about its enforcement work and to protect consumers, the FCA introduced a plan to publicly disclose the names of firms under enforcement investigation at an earlier stage, with only...
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