About
Sectors
- - Asset management
    - Asset management
      
      We’ve been helping asset managers with compliance for twenty years. Our clients are private equity and venture capital firms, hedge funds, real estate funds, placement agents and fund administrators as well as international asset managers.
  - Banking
    - Banking
      
      From start ups to multi-nationals, we help banks navigate complexity and manage risk.
  - Capital markets
  - Payment services and e-money
    - Payment services and e-money
      
      We've been supporting established and growing firms across the world, drawing on our global reach, knowledge and experience.
  - Retail, insurance and lending
  - Wealth management
    - Wealth management
      
      Our specialist wealth management team all have experience of regulating or working within the sector. Our clients are both retail and institutionally focussed managing discretionary and advisory portfolios with many offering full financial planning services.
Services
- - Authorisations & applications
  - Regulatory advice
  - Compliance services
  - Financial crime prevention
    - Financial crime prevention
      
      We help firms actively manage their financial crime risks. We can conduct healthchecks; perform risk assessments; help with policies, governance and training; and support you through regulatory visits.
  - Regulatory intervention
    - Regulatory intervention
      
      Whatever the reason you’ve heard from the regulators, we’re here to help. And our role as a skilled person for s166 work means we have a very clear understanding of the regulators’ expectations.
    - FCA Skilled Person Reviews (s166)
  - RegTech
Insights
People

Bovill UK & Europe > Bovill UK & Europe > Insights

Insights

3 February 2023 | UK & Europe

FCA sends Consumer Duty ‘Dear CEO’ letter to consumer investments firms

Less than a week after releasing the results of its Consumer Duty implementation plan review, the FCA has published a Dear CEO letter to firms in the consumer investments market.…

31 January 2023 | UK & Europe

Latest consultation clarifies MIFIDPRU reporting

The FCA’s quarterly consultation papers don’t always make the most exciting reading. But CP22/26 provided some clarity on changes to regulatory reporting and gave an interesting insight into the regulator’s…

30 January 2023 | UK & Europe

FCA flags Consumer Duty readiness concern

With six months until the final Consumer Duty deadline, the FCA expressed concern this week that some firms are behind in their planning. And only a third of investment firms…

27 January 2023 | UK & Europe

View from the Chair: The Year of the Rabbit

“Hong Kong’s strengths as an international financial centre linking the Mainland and the rest of the world are primed to proliferate”, according to John Lee, Chief Executive of the Hong…

20 January 2023 | UK & Europe

The AI future is upon us but how can financial regulation adapt and learn?

The Bank of England, PRA and FCA recently combined forces to produce a discussion paper on the use and regulation of artificial intelligence (AI) and machine learning in financial services…

18 January 2023 | UK & Europe

CEO letter gives brokers six weeks to review controls

The FCA’s latest ‘Dear CEO’ letter warns wholesale brokers that risk management requires continual improvement in an increasingly risky market. The letter, sent on 11th January, details the FCA’s…

12 January 2023 | UK & Europe

Consumer Duty carries the torch as RDR celebrates ten years

The Retail Distribution Review (RDR) introduced wholesale, and often controversial, changes to the UK’s financial advice sector, reforming the way that retail consumers were offered, paid for, and received investment…

22 December 2022 | UK & Europe

UK Newsletter | December 2022

NEWSLETTER: This month the UK Chancellor gave us an early Christmas gift in the form of a swath of Edinburgh Reforms. These represent the government’s approach to reforming the financial…

22 December 2022 | UK & Europe

A year of ICARA – firms “underestimated work required”

The Investment Firms Prudential Regime is about to reach its first birthday and Bovill has worked with over 300 clients to adapt to the new rules. Inevitably the focus for…

21 December 2022 | UK & Europe

SDR and SFDR – uncomfortable bedfellows?

Although SDR is generally considered to be the UK’s answer to the EU’s SFDR, the two regimes are far from aligned. As firms grapple with the FCA’s recent consultation what…

20 December 2022 | UK & Europe

View from the Chair: Reforms should refresh, not reduce regulation

Jeremy Hunt launched the Edinburgh Reforms to some fanfare this month. Billed as a package of measures allowing the country to “seize on our Brexit freedoms to deliver an agile…

12 December 2022 | UK & Europe

CEO letter gives CFD providers until January to act

The FCA’s patience appears to be wearing thin when it comes to CFD firms, with its recent CEO letter threating “swift and assertive action” where it identifies harm. CFD providers…