Regulatory Forward Look 2024

Guide
Written By Carlin Sewell

2024 is set to be a busy year in the regulatory compliance space.

Our Compliance Consulting team have highlighted the significant changes and key milestones expected to shape the financial industries and governance this year.

In the UK, the Consumer Duty will be rolled out completely, with the final implementation date set for July and the FCA reminding Firms that the Consumer Duty is not a once and done exercise. The FCA are also consulting on new rules to apply to the burgeoning private asset space.

A General Election set for 2024 could trigger a new wave of consumer protections in the financial services industry, including those that affect firms servicing systemically important institutions like retail banks and pension funds.

Globally, regulators are grappling with a financial services sector that continues to evolve at pace.

What’s on the 2024 Regulatory Horizon?

Ahead of the challenges shaping the regulatory landscape in 2024, we have dived deep into the evolving frameworks and milestones. Our comprehensive white paper covers the following key regulatory updates for 2024:

  • Greenwashing rules: FCA finalises changes to UK Sustainability Disclosure Requirements

  • FPO Exemption

  • Reviewing Regulatory Permissions

  • LIBOR Transition

  • AIFMD II

  • Annual Directory Persons’ Attestation

  • Firm Detail Attestation

  • SEC ADV

  • Consumer Duty

  • Liquidity mismatch in open ended daily-dealt property funds

  • Overseas Fund Regime (‘OFR’)

  • Asset Management Taskforce

  • Investment Firms Prudential Regime 

  • Review of the UK Funds Regime


In this dynamic environment, staying ahead of regulatory changes is vital. 

Download our white paper below.

Carlin Sewell
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