The significance of this topic for many clients arises because the UK is home to some of the largest and most significant commodity derivative markets in the world. They serve the risk management needs of a diverse group of...more
On 14 July 2025, the FSMA (Regulated Activities etc) (Amendment) Order 2025 (the "DPC Legislation") brought unregulated deferred payment credit ("DPC") within the UK Financial Conduct Authority's ("FCA") remit. According to...more
As of 6 July 2026 (some rules took effect from March 2025), all final rules of the new FCA commodity derivatives position limits framework will come into effect. In addition, responsibility from the regime will transfer from...more
The Senior Managers & Certification Regime ("SM&CR") has been a cornerstone of the UK’s individual accountability regulatory framework for banks, insurers and other regulated firms since its introduction in the wake of the...more
WHAT ARE THE KEY DRIVERS FOR REFORM?
The UK Treasury ("HMT") noted the following as drivers for reform:
A key challenge for private companies is that, at early stages in their growth, there are no standardised ways...more
WHAT ARE THE KEY DRIVERS FOR REFORM?
The UK Treasury ("HMT") noted the following as drivers for reform:
A key challenge for private companies is that, at early stages in their growth, there are no standardised ways...more
FCA finalises rules for PISCES – new secondary private stock market – On 10 June 2025, the FCA issued its final rules for the Private Intermittent Securities and Capital Exchange ("PISCES"). PISCES is a new type of private...more
7/10/2025
/ Asset Management ,
Capital Markets ,
Early Stage Companies ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Investment Funds ,
Investment Management ,
New Regulations ,
Private Equity ,
Regulatory Requirements ,
Securities ,
Shareholders ,
UK
Mayer Brown’s UK Regulatory Update is a quarterly newsletter for the asset management sector. In this edition, covering Q1 2025, we look at consultations relating to the UK AIFMD framework, reporting and notification...more
6/5/2025
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Capital Markets ,
Consultation ,
Financial Conduct Authority (FCA) ,
Fund Managers ,
HM Treasury ,
Investment Funds ,
Investment Management ,
Proposed Rules ,
Regulatory Reform ,
UK ,
Venture Capital
The FCA issued a consultation paper on 7 May 2025 seeking feedback on regulatory proposals to simplify advice rules and affordability assessments for mortgages, making it easier, faster and cheaper for consumers to make...more
5/14/2025
/ Borrowers ,
Financial Conduct Authority (FCA) ,
Lenders ,
Mortgage Lenders ,
Mortgages ,
Proposed Rules ,
Regulatory Reform ,
Risk Management ,
RMBS ,
Securitization ,
UK
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope...more
In 2018, the UK's Financial Conduct Authority ("FCA") stated publicly that "non-financial misconduct is misconduct, plain and simple", emphasising their view that the Conduct Rules applicable to most employees within...more
On 28 November 2023, the UK's Financial Conduct Authority ("FCA") published its "Sustainability Disclosure Requirements ("SDR") and investment labels" policy statement (PS23/16) (the "Policy Statement"). The Policy Statement...more
11/30/2023
/ Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Greenwashing ,
Investment ,
Policy Statement ,
Retail Investors ,
Sustainability ,
UK