Regulation, regulation, regulation: Labour's impact on comms compliance

Advisory firms must stay ahead of any potential changes

clock • 4 min read

Shaun Hurst explains why now is the time for advice businesses to reassess their communication and compliance practices

As Labour's legislative agenda slowly starts to unveil following its recent ‘100-days in office' anniversary, there are clear signs of a tighter focus on regulation, of which advisers will be no exception. Corporate tax rate increases are just one example that will certainly impact advisory businesses, as the new government tries to fill the £22bn black hole in public finances. However, we can also expect to see Labour pushing harder on enforcement actions, likely including guidelines around communications monitoring for Financial Conduct Authority (FCA)-regulated professionals. Enfor...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Regulation, regulation, regulation: Labour's impact on comms compliance

Regulation, regulation, regulation: Labour's impact on comms compliance

Advisory firms must stay ahead of any potential changes

Shaun Hurst
clock 23 October 2024 • 4 min read
Product governance arrangements: Time for an update?

Product governance arrangements: Time for an update?

'Many insurance manufacturers and distributors are falling short of expectations'

Tony Lewis
clock 22 October 2024 • 4 min read
Six financial firms failed by FSCS in August and September

Six financial firms failed by FSCS in August and September

Including Pro-Synergy Wealth & Tax Management and Green Gem Financial

Jenna Brown
clock 16 October 2024 • 2 min read