Sarah Pritchard

Phoenix

News Producer at KTVK-TV Arizona's Family News

Charleston, SC ➡️ Knoxville, TN ➡️ Phoenix, AZ | 📺 News Producer | U of SC ‘20 🐔 Forever To Thee

Articles

FCA Establishes Presence in the United States and Asia-Pacific

1 week ago | ffnews.com | Lauren Towner |Sarah Pritchard

Under its new strategy, the FCA is establishing a presence in the United States (US) and Asia-Pacific (APAC) for the first time. In the US, Tash Miah started in April at the British Embassy in Washington, DC. Tash will work closely with the Department for Business and Trade to advance UK-US financial services policy and regulatory cooperation, and support financial firms in the US to navigate UK regulation.
Why supporting the advice guidance boundary proposals matters

Oct 2, 2024 | ftadviser.com | Sarah Pritchard

UK financial advisers and providers should see the opportunity presented by the Financial Conduct Authority's advice guidance boundary proposals to help close the financial education gap in the country. This is the view of Keith Richards, chief executive and founder of the Consumer Duty Alliance, who said the review was a natural progression from the consumer duty regulations, with that focus on the best outcomes for consumers.
FCA's guidance proposals welcome but will 'take time' say advisers

Sep 25, 2024 | ftadviser.com | Sarah Pritchard

The majority of advisers believe the Financial Conduct Authority's advice guidance boundary proposals are positive, although will take a long time to implement fully. This was one of the findings from a snapshot poll that took place at FT Adviser's flagship Financial Advice Forum in London this week (September 24).
FCA to consult on retail investment regime in autumn

Sep 23, 2024 | ftadviser.com | Sarah Pritchard

The FCA will consult on a new regulatory regime for retail investors this autumn, according to the regulator's executive director for markets. Speaking at the FT Adviser Financial Advice Forum in London, Sarah Pritchard said that as part of the government's "repeal and replace" programme triggered by the UK's exit from the EU there would be an opportunity to re-examine parts of Mifid II and Priips.
A Targeted And Outcomes-Based Approach To Tackling Financial Crime

Sep 6, 2024 | menafn.com | Sarah Pritchard

(MENAFN- Caribbean News Global) Highlights Fighting financial crime is a priority for the FCA and a key commitment in our 3-year strategy. Consistent with the national economic crime plan and fraud strategy, our work is based on a partnership approach. Financial crime is not just an issue for the financial sector, but for other sectors too, sharing data and intelligence is a vital tool in staying one step ahead.
Pension schemes to be rated red, amber or green in plans to improve transparency

Aug 7, 2024 | inkl.com | Sarah Pritchard |Patrick Heath-Lay |People's Partnership

The plans aim to reduce the number of savers sitting in poor-value pensions and schemes would be publicly rated red, amber or green, once the framework is finalised. Competitive pressures should help to drive up standards and over time, regulators expect to see less of a gap between worse-performing schemes and the market average. This would be used by pension providers and those making decisions on behalf of savers to provide greater transparency over how schemes are performing.
FCA to put pension schemes on 'traffic light' rating over value for money

Aug 7, 2024 | ftadviser.com | Sarah Pritchard

In a 130-page consultation, published August 7, the FCA said it wanted to reduce the number of savers with workplace personal pensions that are delivering poor value as well as drive better value for money across the workplace DC market. It said it would do this through greater scrutiny and competition on long-term value, rather than focusing solely on cost.
FCA Sets Out Rules and Proposals to Build Up UK Wholesale Markets

Jul 25, 2024 | ffnews.com | Lauren Hinton |Sarah Pritchard

Proposals for new public offers and admissions to trading regime Key to the package are proposed rules to establish the new Public Offers and Admissions to Trading Regime (POATRs), which will replace the existing UK Prospectus Regulation. Under the proposals, companies will still be required to publish a prospectus when first admitting securities to public markets. However, a prospectus would not be required when a company raises further capital except in limited circumstances.
FCA Calls on Firms to Improve Treatment of PEPs

Jul 18, 2024 | ffnews.com | Lauren Towner |Sarah Pritchard

The Financial Conduct Authority (FCA) has told financial firms – including banks, payment firms and lenders – to do more to ensure parliamentarians, senior public servants and their families are not treated unfairly. Under legislation adopted by Parliament, financial firms are required to do extra checks on so called Politically Exposed Persons (PEPs). This follows global standards set by the international Financial Action Task Force and implemented by more than 200 jurisdictions.
FCA Overhauls Listing Rules to Boost Growth and Innovation on UK Stock Markets

Jul 10, 2024 | ffnews.com | Lauren Towner |Sarah Pritchard

In rules published today, the Financial Conduct Authority (FCA) has set out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the UK. The overhaul of listing rules better aligns the UK’s regime with international market standards.