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Financial Services weekly highlights—5 September 2024

Copyright © 2025 LexisNexis

Published on: 05 September 2024

Published by a LexisNexis Financial Services expert

Table of contents

Authorisation, approval and supervision
FCA publishes Q4 2023/24 skilled person reports commissioning data
Tribunal backs FCA in denying Ashraf Wealth Management
Prudential requirements
PRA to publish near-final Basel 3.1 rules on 12 September 2024
Financial crime and sanctions
FATF amends methodology for assessing AML/CFT/CPF effectiveness and compliance
FCDO updates Russia sanctions guidance
OFSI to bring first penalty for sanctions violation this year
FOS says fraud and scam complaints at highest ever level

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Article summary

This week's edition of Financial Services weekly highlights includes: PRA to publish near-final Basel 3.1 rules on 12 September 2024; OFSI to bring first penalty for sanctions violation this year; EU report identifies ways to build climate resilience and tackle insurance protection gap; plus dates for your diary over the coming week.

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