Insurance

Recent Articles

  •  
    10/06/2024

    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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    29/05/2024

    Operational Resilience: The Countdown

    The countdown is on to make sure your firm is ready to comply with the operational resilience rules by 31 March 2025. This date marks the end of the transition period, but the requirement to be operationally resilient is not a once and done activity, or something that should be seen as tick-box regulatory compliance. Instead, this should be a way of working that is embedded into a firm’s overall culture.The FCA provided feedback to firms on 28 May 2024 which included insights and observations to support firms with their continued implementation of the rules.In our view, this FCA feedback...
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    28/05/2024

    The FCA’s anti-gre­en­wash­ing rule and guidance: what are the litigation risks for firms?

    The Financial Conduct Authority (FCA) has recently published its finalised guidance on the anti-greenwashing rule, which will come into force on 31 May 2024.The anti-greenwashing rule, in the Environmental, Social and Governance (ESG) Sourcebook, requires all FCA authorised firms to ensure that any reference to the sustainability characteristics of a product or service is:a.      consistent with the sustainability characteristics of the product or service, andb.      fair, clear and not misleading.The guidance is intended to help firms understand...
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  •  
    30/04/2024

    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
  •  
    11/04/2024

    Lexology Masterclass: The future of AI in financial services, where innovation meets regulation

    On 29 February, our CMS Financial Services Regulatory team and Nextwave hosted a Lexology Masterclass on the future of AI in financial services.In this webinar, we offered practical insights into how financial institutions are navigating the AI landscape, and looked at the challenges to regulating AI, how firms are approaching AI and how they can leverage existing technologies.By using the link below, anyone who wants to learn more or revisit the session can view the webinar on demand: Watch webinar  
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    10/04/2024

    FCA Consultation on Payment Optionality for Investment Research (CP24/7)

    On 10 April 2024, the FCA published a consultation on Payment Optionality for Investment Research (CP24/7). In the consultation, the FCA proposes a new option for asset managers when paying for investment research, in addition to existing options.  Under the current UK rules, which stem from the legacy EU MiFID II regime, there are two ways in which UK asset managers can currently pay for investment research: By agreeing a separate research charge with each of their clients, with the payment for research made from a Research Payment Account (the “RPA model”); and By paying...
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