Coronavirus (Covid-19)

Update for firms providing services to retail investors

Dear CEO letter, 31 March

Delaying annual company accounts during the coronavirus crisis

FCA expectations on financial resilience for solo-regulated firms

Information for firms on coronavirus response

Including the SM&CR, regulatory change, impact on customers and operational resilience.

In focus

Transition from LIBOR

The interest rate benchmark LIBOR is expected to cease after end-2021. Firms must transition to alternative rates before this date.

MiFID II

MiFID II could affect a wide range of your firm’s functions – from client services to IT and HR systems.