Author: admin

The UK's Financial Conduct Authority ('FCA') has published its business plan for 2024/25, setting out its priorities for the next 12 months. Reducing and preventing financial crime, backed by 13 public commitments focused on: We put consumer needs first. To strengthen the UK's position in the global wholesale market, the FCA is committed to: Use and expand intelligence and data collection systems to target higher-risk companies and activities, slow the rise in fraud, and combat financial crime. We put consumer needs first and test how value is disclosed and delivered, such as unit-linked pensions and long-term savings products. It is…

Marijuana stocks are dangerous and the industry is growing like a weed. Puns all you want, but investing in marijuana is no joke. With recreational marijuana legalized in 21 states and medical marijuana legalized in far more, this once seedy commercial sector has become a full-fledged industry, albeit in its infancy. Masu.At first glance, marijuana stocks may appear to be somewhat limited to retail. But if you dig a little deeper, you'll find that there are several subsectors within the industry in which everything from biotech and research companies to distribution and consumption specialists operate.That being said, it's important to…

1. Resilience. With persistent inflation, global financial risks and geopolitical risks, businesses must be ready to demonstrate how they can remain resilient in the face of 'extraordinary events'. The FCA is particularly concerned about the increasing levels of systemic risk accumulating in the financial system due to firms' dependence on significant third parties. The company plans to share relevant information and data identified through the new financial resilience returns, including good and bad habits of downsizing plans. A consultation paper is also being prepared to clarify the FCA's expectations about how companies should report operational resilience incidents to regulators. 2.…

In the FCA’s Business Plan for 2024/2025, the FCA sets out how it will continue to deliver the  commitments in its 3-year strategy which focus on: reducing and preventing serious harm, setting and testing higher standards; and promoting competition and positive change.  The 2024/2025 FCA Business Plan considers each of these themes in turn, with details of the FCA’s planned work against its commitments, including work already started. Details of the outcomes it wants to achieve are also provided. Each commitment is linked to outcomes and metrics to help measure progress and performance.  The FCA states that it will provide an update…

Combating financial crime, protecting consumer needs and strengthening wholesale markets are key priorities for regulators in the year ahead. On 19 March 2024, the FCA published its business plan for 2024/25, setting out its priorities for the year ahead. Although business plans are now of less historical importance given that other publications such as the FCA's Three Year Strategy and Regulatory Initiatives Grid are in circulation, they still reflect the FCA's focus areas and progress. Provides companies with useful information regarding the flow of work during the process. The FCA is currently in the final year of its three-year strategy,…

board movement Former Mondelez president Romeo Lacerda will join the international soft drinks business' board of directors later this month. Image: AG Baxter/Shutterstock.com Britvic plc has announced the appointment of Mr. Romeo Lacerda to its Board of Directors as a Non-Executive Director and member of the Audit and Nominating Committees. His appointment will be effective from March 27, 2024. Mr. Lacerda has 35 years of extensive commercial experience in the FMCG sector, starting his career at Unilever before moving to Kraft Foods (later Mondelez) in 1995. During this time, Lacerda spent 15 years in commercial strategy and sales roles in…

With energy transition away from fossil fuels a hot topic around the world, it is not unreasonable to think that global demand for oil is declining. That's not true. Various estimates suggest that oil demand will begin to decline shortly before 2030, sometime during that decade, or even by the mid-2040s. Everyone agrees that oil demand will increase in the coming years. “Despite the growing attention on green energy, oil remains a global commodity that is being used in greater quantities than ever before and currently offers high-margin, high-return opportunities,” said Matt Wheeler, managing director at Phoenix Capital Group Holdings,…

When deciding whether to use a business loan or a personal loan for financing, keep in mind that while personal loans can be used for business purposes, they often lack some of the benefits of a business loan.By comparing loan terms, credit impacts, and personal liability issues. Business Loans Or maybe a personal loan is the best option for you and your business.To better understand the unique needs of your business, we'll begin by completing a short survey.Once you find your perfect match, our team will be happy to guide you through the next steps of the process.How do business…

Corporate leaders have a lot to consider when they begin negotiating and working with local governments to open headquarters in new or unfamiliar areas. Not only is it important to understand their potential target demographic, but it is also important to protect, respect and preserve the pipeline of workforce and consumers already present in the community.Every brand needs to be aware of the direct impact and responsibility that comes with having a presence in the cities where they plan to operate around the world. Here, 16 experts from the Fast Company Executive Board offer tips for business leaders to execute…

On 19 March 2024, the Financial Conduct AuthorityFCA) has published its business plan for 2024/25, setting out the work it will do over the next 12 months to deliver on its commitments in the third year of its three-year strategy, aiming to achieve better outcomes for consumers and markets. The workplan highlights several challenges to the UK economic and geopolitical situation that the FCA will monitor over the coming year, including rising interest rates and continued inflation, global financial risks, and geopolitical risks that could cause significant disruption. The workplan is intended to enable the FCA to continue working towards…