The Financial Services Authority (FSA) has given firms one month to confirm that they comply with new procedures.
The FSA allowed 2,800 firms approximately 40 days to implement the qualitative systems and controls requirements. That deadline has now passed. Firms are now being asked to declare whether they maintain robust liquidity risk management policies, plans, governance, measurement and stress testing procedures.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.