The first half of 2025 brought significant developments in the regulation of digital and cryptoassets in the UK and EU. In this half-year update, we review these and look ahead to likely developments in the UK and EU in the...more
7/9/2025
/ Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Technology ,
UK
On 20 May 2025, the UK Prudential Regulation Authority (PRA) published a policy statement (PS6/25) on business conducted within branches of international banks operating in the UK, as well as its booking model expectations...more
5/28/2025
/ Banking Sector ,
Banks ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
New Regulations ,
Policy Updates ,
Prudential Regulation Authority (PRA) ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
UK
The first four months of 2025 proved busy for the UK’s financial regulators, with both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) publishing their strategy and business plan documents. As...more
5/5/2025
/ Anti-Money Laundering ,
Banking Sector ,
Banks ,
Cryptoassets ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Insurance Industry ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Reform ,
Risk Management ,
UK ,
White Collar Crimes
We are pleased to present “The Capital Ratio,” a new podcast that explores key regulatory topics impacting the banking and financial sector. In our debut episode, we dive into the key regulatory considerations for U.K. and...more
As the market for stablecoins continues to evolve in sophistication and scale, financial institutions in the UK and EU are increasingly exploring whether and how to engage with them, whether for treasury, payments, settlement...more
3/20/2025
/ Anti-Money Laundering ,
Banking Sector ,
Digital Assets ,
E-Money ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Investment Management ,
Popular ,
Prudential Regulation Authority (PRA) ,
Risk Management ,
Stablecoins ,
Technology Sector ,
UK
On 11 March 2025, the UK government announced its decision to abolish the Payment Systems Regulator (PSR) as part of a broader initiative to reduce regulatory burdens and stimulate economic growth.
This action is intended to...more
3/14/2025
/ Bank of England ,
Banking Sector ,
Competition ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Payment Systems ,
Popular ,
Regulatory Authority ,
Small Business ,
UK ,
UK Payment Systems Regulator
On 25 February 2025, Sarah Pritchard, executive director of consumers, competition, and international at the UK Financial Conduct Authority (FCA), delivered a speech at the Investment Association Roundtable where she outlined...more
3/3/2025
/ Banking Sector ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Hedge Funds ,
Investment ,
Investment Management ,
Market Participants ,
Non-Bank Lenders ,
Private Equity ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management ,
UK
On 12 February 2025, the UK Prudential Regulation Authority (PRA) issued a policy statement on streamlining firm-specific capital communications (the Policy Statement). The statement finalises policy that was the subject of a...more
In the aftermath of the 2007-09 global financial crisis, the G20 nations committed to reforming bank remuneration frameworks in response to criticism that excessive risk-taking at banks incentivised by poorly structured pay...more
1/23/2025
/ Banking Sector ,
Banks ,
Compensation & Benefits ,
Corporate Governance ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FSB ,
Prudential Regulation Authority (PRA) ,
Remuneration ,
Risk Management ,
UK
Financial services regulators are intensifying their scrutiny of non-financial misconduct (NFM) within the financial services industry.
Related to this, the insurance marketplace Lloyd’s of London published a...more
Financial centres around the world have been hosts to branches and representative offices of international banks since as early as the 19th century. The term “branch” refers to a local establishment of a foreign financial...more
12/11/2024
/ Bank of England ,
Banking Sector ,
Banks ,
EU ,
False Claims Act (FCA) ,
Financial Institutions ,
HSBC ,
Legislative Agendas ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Requirements ,
Silicon Valley ,
UK