2 December -
The Financial Conduct Authority ("FCA") updated the following webpages:
- webpage on its July 2018 discussion paper on price discrimination in the cash savings market (PD18/6); and
- webpage on its...more
1/8/2020
/ AML/CFT ,
Consultation Papers ,
Credit Rating Agencies ,
EMIR ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Financial Stability Board ,
Investment Firms ,
MiFID II
1 November -
The Prudential Regulation Authority ("PRA") published a Dear CEO letter in relation to the reliability of regulatory returns. Firms are expected, if asked, to be able to respond promptly to a request from...more
12/4/2019
/ BEIS ,
Cross-Border Transactions ,
EU ,
EU Directive ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Insurance Industry ,
MiFID II ,
No-Deal Brexit ,
Prudential Regulation Authority (PRA) ,
Regulatory Requirements ,
Retail Investors
2 September -
The Financial Conduct Authority ("FCA") updated its webpage relating to its guidance consultation on the fair treatment of vulnerable customers.
The European Securities and Markets Authority ("ESMA")...more
10/9/2019
/ AML/CFT ,
Capital Requirements Regulation (CRR) ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Markets ,
No-Deal Brexit ,
Prudential Regulation Authority (PRA) ,
PSD2 ,
UK ,
UK Brexit
In early August 2019, the Luxembourg regulator, the Commission de Surveillance du Secteur Financier (the "CSSF"), confirmed in a press release that it had opened an online portal to allow UK firms currently using a financial...more
8/20/2019
/ Alternative Investment Fund Managers Directive (AIFMD) ,
EU ,
European Economic Area (EEA) ,
Financial Services Industry ,
Luxembourg ,
Member State ,
MiFIR ,
No-Deal Brexit ,
Private Equity Funds ,
Transitional Arrangements ,
UK ,
UK Brexit ,
Withdrawal Agreement
1 July -
The Financial Conduct Authority ("FCA") published a policy statement (PS19/19) setting out the final 2019/20 regulatory fees and levies.
The European Insurance and Occupational Pensions Authority ("EIOPA")...more
8/5/2019
/ Banking Sector ,
Banks ,
Capital Markets ,
EIOPA ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
FSMA ,
Prudential Regulation Authority (PRA)
1 April -
The Financial Conduct Authority ("FCA") published a statement announcing that it is commissioning an investigation by an independent person into the issues raised by the failure of London Capital & Finance....more
5/2/2019
/ EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Financial Stability Board ,
MiFID II ,
Prudential Regulation Authority (PRA) ,
UK ,
UK Competition and Markets Authority (CMA)
1 March -
The European Banking Authority ("EBA") published an opinion on deposit protection resulting from the United Kingdom's ("UK") withdrawal from the European Union ("EU").
The Financial Conduct Authority ("FCA")...more
4/3/2019
/ Banking Sector ,
EIOPA ,
EU ,
EU Benchmark Regulation ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
MiFID II ,
MiFIR ,
Prudential Regulation Authority (PRA) ,
UK Brexit
1 February -
The Financial Conduct Authority ("FCA") published a press release announcing that it has agreed with the European Securities and Markets Authority ("ESMA") and other European Union securities regulators...more
3/5/2019
/ Data Protection ,
EIOPA ,
EU ,
European Securities and Markets Authority (ESMA) ,
EuSEF ,
EuVECA ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Libor ,
MiFID II ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
UK ,
UK Brexit
2 January -
The Financial Conduct Authority ("FCA") published a press release explaining that claims management companies can now register for the temporary permission they will need to continue operating when the FCA...more
3 December -
The European Central Bank ("ECB") published a document setting out its cyber resilient oversign expectations for financial market infrastructures.
4 December -
On 4 December 2018, the Council of the EU...more
1/3/2019
/ Acquisitions ,
Banking Sector ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Mergers ,
MiFID II ,
Prudential Regulation Authority (PRA) ,
Regulatory Requirements ,
UK ,
UK Brexit
2 November -
The Prudential Regulation Authority ("PRA") updated its consultation paper on changes to the PRA Rulebook and onshored binding technical standards.
The Financial Conduct Authority ("FCA") published issue...more
12/5/2018
/ EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSCS ,
IOSCO ,
MiFID II ,
Private Equity ,
Prudential Regulation Authority (PRA) ,
UK ,
UK Brexit
1 October -
The Competition and Markets Authority ("CMA") published a paper that was prepared jointly with the Financial Conduct Authority ("FCA") setting out the lessons that have been learned from the programme of work...more
11/2/2018
/ Alternative Investment Fund Managers Directive (AIFMD) ,
EU ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
Investment Adviser ,
Key Information Document (KIDs) ,
MiFID II ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
UK ,
UK Competition and Markets Authority (CMA)
The Prudential Regulation Authority ("PRA") published its Regulatory Digest for August 2018 in which it highlighted key regulatory news including reference to a new insurer start-up unit ("NISU") that the PRA and the...more
10/2/2018
/ Cross-Border ,
EU ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Regulatory Reform ,
FSMA ,
Prudential Regulation Authority (PRA) ,
Reporting Requirements ,
UK
Introduction -
The United Kingdom ("UK") formally notified the European Union ("EU") of its intention to leave the EU under Article 50 of the EU's Lisbon Treaty in March 2017. This triggered a two-year period during which...more
1 August -
The Financial Conduct Authority ("FCA") published a statement on selling high-risk speculative investment products to retail clients, following the publication of the European Securities and Markets Authority's...more
9/5/2018
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Amended Regulation ,
Consumer Financial Contracts ,
Consumer Lenders ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
High Risk Financial Products ,
Legal Entity Identifiers ,
UK ,
UK Brexit ,
UK Competition and Markets Authority (CMA)
On 29 March 2019, the UK is set to leave the EU (a process most commonly referred to as "Brexit"). The UK and EU are currently in negotiations to agree upon a transitional period which is proposed to run from 29 March 2019...more
7/31/2018
/ Alternative Investment Fund Managers Directive (AIFMD) ,
EU ,
EU Single Market ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Member State ,
Transitional Arrangements ,
UCITS ,
UK ,
UK Brexit ,
Withdrawal
3 April -
The Financial Conduct Authority ("FCA") published a press release, warning that it intends to take action against general insurance firms that fail to properly implement the rules aimed at increasing...more
5/2/2018
/ AIMA ,
Antitrust Provisions ,
Artificial Intelligence ,
ECON ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
European Commission ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
Financial Instruments ,
Financial Regulatory Reform ,
Financial Services Industry ,
MiFID II ,
Prudential Regulation Authority (PRA) ,
Solvency II ,
UK ,
WTO
1 February -
The European Commission ("EC") launched the EU Blockchain Observatory and Forum in order to highlight key developments of blockchain technology, promote and reinforce European engagement with multiple...more
3/9/2018
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Blockchain ,
Collective Investment Schemes ,
Cryptocurrency ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
EuSEF ,
EuVECA ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Gambling ,
General Data Protection Regulation (GDPR) ,
IOSCO ,
MiFID II ,
UK Brexit ,
UK Competition and Markets Authority (CMA)
1 January -
The Packaged Retail and Insurance-based Investment Products ("PRIIPs") Regulation (1286/2014) (the "PRIIPs Regulation") came into force on 1 January 2018. This includes an obligation on PRIIP manufacturers to...more
2/1/2018
/ Anti-Money Laundering ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Insurance Industry ,
MiFID II ,
MLD4 ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
UK ,
UK Brexit ,
UK Payment Systems Regulator ,
Withdrawal