RQC Group

Wishing all our Jewish clients, partners and colleagues a Happy Hanukkah.

Wishing all our Christian clients, partners and colleagues a very Merry Christmas for this coming Wednesday. #Christmas #MerryChristmas

Last month, in partnership with 100 Women In Finance and Simmons & Simmons, we had the privilege of co-hosting Tom Hardin —a former Wall Street insider turned FBI informant and global ethics advocate. Tom’s candid and thought-provoking talk took us on a journey through his unique career path, from financial analyst to undercover whistleblower in Operation Perfect Hedge, the largest insider trading investigation of its kind. His story was not only a cautionary tale but also a powerful reminder of the behavioural and cultural risks organisations face today. The audience was captivated as Tom shared invaluable insights into decision-making under pressure, the grey areas of compliance, and how organisations can foster a culture of ethical conduct. The evening wrapped up with an engaging Q&A session and networking over drinks and canapés. A huge thank you to Tom, our partners, and all the attendees for making this event such a success!

From ancient tablets to modern WhatsApp messages, recordkeeping has always been fundamental. Today, stringent regulations across jurisdictions ensure transparency in financial communications. Our latest newsletter dives into recent U.S. Securities and Exchange Commission, U.S. Commodity Futures Trading Commission / National Futures Association and Financial Conduct Authority enforcement actions, challenges with electronic communication compliance, and practical tips for firms. Don’t miss insights on improving your monitoring programs and avoiding costly pitfalls in our November 2024 Regulatory Newsletter... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #RQCGroup

SMCR remains an important training requirement for Financial Conduct Authority-regulated firms, who are required to ensure that all employees subject to the regime understand how the Conduct Rules apply to them. Our CPD Standards Office-certified online SMCR training courses deliver a scalable solution for all firm types. Click for more information... https://ow.ly/8Bwa50R21Ay #SMCR #FCA #RQCGroup

A change of government has ushered in a new Chancellor of the Exchequer. Keen to make her mark, Rachel Reeves has set out her regulatory priorities and how she intends working with the regulators. In addition, a group of parliamentarians have published a scathing report on the FCA, arguing that the regulator is not fit-for-purpose. Arguably, the Financial Conduct Authority has just experienced one of the more difficult months in its 11 1/2 year existence. Read about this, and more, in our November 2024 regulatory newsletter... #MonthlyNewsletter #compliance #fca #RQCGroup

Members of our US team celebrated the festive season with their inaugural holiday lunch last week. We're excited to make this a new tradition - a huge thank you to Centralis Group for co-hosting with us this year. A big thank you also to all our NY team for their hard work, dedication, and contributions throughout 2024! #Teamwork #HolidayCelebration #NYTeam

The Bribery Act outlines four specific offences: 1. Active bribery: Giving, promising or offering a bribe; 2. Passive bribery: Requesting, agreeing or accepting a bribe; 3. Bribing a foreign public official: Offering, promising or giving a financial or other advantage to a foreign public official; and 4. "Corporate Strict Liability" Offence: When a commercial organisation fails to prevent employees or representatives from paying bribes. Click for our online Anti Bribery training course, with access to our free demo course... #AntiBribery #RQCGroup"

The December edition of The Alternative Investor is out. In this issue, guest writers explore the fast-growing world of private credit. Our Regulatory Roundup in this month's edition includes: • FCA in the crosshairs; • Transaction reporting; • Next steps for reforming the UK MiFID; • SEC & CFTC Enforcement Results; and • Federal court overturns the SEC's Dealer Rule. Click for the December edition of The Alternative Investor... #TheAlternativeInvestor #compliance #RQCGroup

Our November 2024 Monthly Newsletter is out, covering notable regulatory events last month in both the UK and the US including: • Politics, regulators, accountability: recent trends in the relationship between the FCA and the political establishment; • FCA approach to publicising enforcement investigations; • US Regulatory crackdown: The growing focus on off-channel communications and compliance risks; and • US regulators announce enforcement results for fiscal year 2024. Click for our November 2024 Monthly Newsletter... #MonthlyNewsletter #compliance #fca #sec #nfa #cftc #esma #RQCGroup