{"id":777,"date":"2020-12-21T16:28:13","date_gmt":"2020-12-21T16:28:13","guid":{"rendered":"https:\/\/www.effectacompliance.com\/?p=777"},"modified":"2020-12-21T17:52:08","modified_gmt":"2020-12-21T17:52:08","slug":"regulatory-overview-of-compliance-changes-during-2020","status":"publish","type":"post","link":"https:\/\/www.effectacompliance.com\/regulatory-overview-of-compliance-changes-during-2020\/","title":{"rendered":"Regulatory Overview of Compliance Changes During 2020"},"content":{"rendered":"\n<p>The year 2020 has been challenging for many reasons. Amidst a global pandemic and the years Brexit transition before the UK officially leaves the EU (very possibly without a deal), firms have had to to be able to oversee their compliance programs and maintain operational resilience during \u201cthe new normal\u201d being a work from home environment, which has brought with it increased outsourcing and technology changes that required implementing in a compliant way.<\/p>\n\n\n\n<p>During these turbulent times compliance areas have also had to incorporate planned regulatory change (albeit with some concessions made by the FCA), and in this article we take a look at those changes during 2020 in reverse chronological order and make a regulatory scan of the forthcoming changes in 2021.<\/p>\n\n\n\n<p>Key points:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Senior managers and certification regime latest<\/li><li>Key reporting requirements after Brexit<\/li><li>New prudential regime for investment firms<\/li><\/ul>\n\n\n\n<p><strong><a href=\"https:\/\/www.effectacompliance.com\/wp-content\/uploads\/2020\/12\/Regulatory-Update-08122020.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download the report here<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year 2020 has been challenging for many reasons. Amidst a global pandemic and the years Brexit transition before the UK officially leaves the EU (very possibly without a deal), firms have had to to be able to oversee their compliance programs and maintain operational resilience during \u201cthe new normal\u201d being a work from home<a class=\"excerpt-read-more\" href=\"https:\/\/www.effectacompliance.com\/regulatory-overview-of-compliance-changes-during-2020\/\" title=\"ReadRegulatory Overview of Compliance Changes During 2020\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":4,"featured_media":699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/posts\/777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/comments?post=777"}],"version-history":[{"count":4,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/posts\/777\/revisions"}],"predecessor-version":[{"id":782,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/posts\/777\/revisions\/782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/media\/699"}],"wp:attachment":[{"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/media?parent=777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/categories?post=777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.effectacompliance.com\/wp-json\/wp\/v2\/tags?post=777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}