The Financial Reporting Council (FRC) has published the UK Stewardship Code 2026, an updated set of principles which offers a framework for reporting that demonstrates high quality stewardship to support economic growth & investment pimfa.cc/QqtrV

Are you aware of the new changes firms have made around vulnerability since implementing consumer duty? The latest edition of our Consumer Duty Impacts paper provides an updated assessment of the changes that firms have carried out pimfa.cc/gAYoC

PIMFA has submitted a response to Financial Conduct Authority's engagement paper on its proposed AI Live Testing regime. We welcome the regulator’s proactive & open approach to AI regulation. The proposal reflects a forward-thinking response to a rapidly evolving area - pimfa.cc/sIHiD

A recording of the May Operations Forum has now been posted on our website - pimfa.cc/VAjLs If you are from a PIMFA member & would like to attend the next Operations Forum on 26 June 2025 from 15:00-16:00, please contact us.

Speaking at the Global Management Summit, FCA Executive Director Simon Walls outlined how the UK is embracing smart risk to drive innovation, growth, & global investment. The aim is to position the UK as the world’s most compelling investment destination pimfa.cc/YaCkH

At London Tech Week 2025, Jessica Rusu, the FCA’s Chief Data, Information & Intelligence Officer, unveiled major steps the regulator is taking to support safe, responsible AI in financial services, including a new collaboration with Nvidia - pimfa.cc/SZhQJ

The Law Commission consults on reforms to private international law – digital assets & electronic trade documents - pimfa.cc/PgSPx

The second edition of our Consumer Duty Impacts paper shows how firms have made substantial changes to propositions, fee structure, client communications & support, with a continued focus on customer vulnerability & many firms employing tech solutions pimfa.cc/gAYoC

#PIMFAWealthTech recently conducted a tech sprint focusing on cyber security & asked how fintech solutions could support the wealth management & financial advice industry in its efforts in preventing, detecting, responding to & recovering from cyberattacks pimfa.cc/SazPY

PIMFA's next Operations Forum will take place online on 26 June 2025 from 15:00-16:00. PIMFA Forums are open to representatives from all PIMFA Members and Associate firms. If you or any of your colleagues would like to attend the Operations Forum please contact Heidi Bryant.

New PIMFA Podcast: Beyond the hype: The AI conversations advice firms can't ignore 2025 Do the claims & hype of AI stack up in the real world? We find out in this episode with PIMFA’s Philip Allen & Robert Lewis, founder of Celtic Financial Planning Ltd - pimfa.cc/MeELl

In response to the Lords Financial Services Regulation committee’s report (Growing pains: clarity & culture change required) Financial Conduct Authority has issued a statement regarding its commitment to growth pimfa.cc/zROmD Read the FSRC report here - pimfa.cc/utJrX

Make sure you stay up to date with #SustainableFinance and #ESG news and guidance by visiting our #PIMFA Sustainable Finance and ESG Microsite - pimfa.cc/utUrZ

The Financial Services Regulation Committee (FSRC) has published the FCA's response to the FSRC's report Naming & Shaming: how not to regulate (February 2025) pimfa.cc/zGbWx

PIMFA Operations Forum is being held online on 29 May 3-4pm. 📢 Hear from Tom Simmons-London Stock Exchange Mark James-London Stock Exchange Armen Kasmadjian-Euroclear 📧 Contact us to attend.

The next PIMFA CASS Working Group meeting will be on 17 July 10:00-12:00, on Teams. The CASS auditors from RSM UK will be sharing the findings of their recent CASS audits, highlighting common errors, & will host a Q&A session. Contact us if you would like to attend.

PIMFA is pleased to welcome Stuart Cummins, CEO of Nedbank Private Wealth to its Board of Directors. 👀You can read the Press Release here - pimfa.cc/PPfdl

On 20 June PIMFA responded to Euroclear's consultation paper, expressing support for the ‘Introduction of T+1 settlement – Changes to the configuration & running of the CREST system’, and raising no specific issues pimfa.cc/IFSGR

Euroclear UK & International have published two consultations: 👉Consolidation of CREST T&Cs - consultation closes on 29 August 👉Changes to the negative Registrar adjustment process for rectifying an unintended allocation of securities in CREST - consultation closes on 25 July

Make sure you stay up to date with #SustainableFinance and #ESG news and guidance by visiting our PIMFA Sustainable Finance and ESG Microsite - pimfa.cc/RNryu