Conflicts of Interest Under the FCA Microscope

The FCA is sharpening its focus on conflicts of interest, starting with private markets and valuation practices in 2024. The scope is widening through 2025, with an FCA thematic review expected to reach 30 to 40 firms, and up to 25% potentially receiving onsite visits.

A recent high-profile enforcement case underscores the regulator’s concerns around governance, oversight, the segregation of internal functions, and how these factors fundamentally impact the identification and management of conflicts of interest.

Now is the time to assess your firm’s conflict of interest programme and readiness for increasing regulatory intervention. 

Tune in to an on demand webcast where ACA’s regulatory experts had a practical discussion on the challenges firms are facing and how to prepare for heightened scrutiny.

Discussion Topics:

• FCA’s evolving expectations: What recent enforcement action reveals about the regulator’s stance on conflicts of interest. 
  
• Governance: When, who, and how conflicts of interest should be recorded, managed, reported, and escalated.
• Inventory vs. risk management: Why having one without the other may not be enough and how firms are approaching gap analyses. 
• Valuation overlap: How valuation processes are being assessed in tandem with conflict management frameworks. 
• Remuneration structures under review: Why co-investor and main fund fee arrangements are drawing attention. 
• What’s next: Preparing for the FCA’s increasing intervention and potential inspections. 
  
  

All webcasts are recorded and will be sent to registrants following the live broadcast.