FCA

The decision to drop the policy described as ‘significant development’

More than 100 funds have adopted one of the four SDR labels

Watchdog to retain existing disclosure rules

Will consider if more PE due diligence needs to be done

Could be soft intervention or the ‘more pointy end’, regulator said

Data protection and Consumer Duty top regulatory constraints to AI deployment

Many firms had taken positive action but ‘areas for improvement remain’

Consumer Duty remains central to the FCA's strategy

‘The FCA should be careful what it wishes for’

SEI restricted from launching products and onboarding institutional clients