ISO 20022 migration: BoE revised approach The Bank of England (BoE) has updated its webpage on ISO 20022 with the following information. -
ISO 20022 migration: BoE revised approach -
The Bank of England (BoE) has updated...more
Brexit: FCA reopens temporary permissions regime notification window -
The UK Financial Conduct Authority (FCA) has updated its webpage on the temporary permissions regime (TPR) explaining that EEA firms and fund managers...more
10/6/2020
/ Bank of England ,
Coronavirus/COVID-19 ,
Dear CEO Letter ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Infectious Diseases ,
Prudential Regulation Authority (PRA) ,
Transitional Arrangements ,
TTP ,
UK ,
UK Brexit
FMI supervision: BoE policy statement on fees regime for 2020/21 -
The Bank of England (BoE) has published a policy statement on the fees regime for the supervision of financial market infrastructure (FMI) that will apply...more
9/21/2020
/ Bank of England ,
CCPs ,
EFTA ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
Infrastructure ,
ISDA ,
MiFIR ,
Short Selling ,
UK ,
UK Brexit
Open-ended funds: FCA and BoE review survey on liquidity mismatch -
On 26 August 2020, the UK Financial Conduct Authority (FCA) updated its COVID-19 webpage to announce that it has launched a joint survey with the Bank of...more
9/8/2020
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Management ,
Bank of England ,
Coronavirus/COVID-19 ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Infectious Diseases ,
Investment Funds ,
MMF ,
Open-Ended Fund Companies (OFCs) ,
UK
SMCR extension: SI extending implementation date made -
The Bank of England and Financial Services Act 2016 (Commencement No. 6 and Transitional Provisions) (Amendment) Regulations 2020 (SI 2020/929) have been made....more
9/8/2020
/ AML/CFT ,
Artificial Intelligence ,
Bank of England ,
Digital Currency ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Initial Coin Offering (ICOs) ,
Innovation ,
Popular ,
Prudential Regulation Authority (PRA) ,
RegTech ,
RTS ,
Sandbox ,
SMCR ,
UK
ISO 20022: BoE confirms go-live in April 2022 will be on like-for-like basis -
The Bank of England (BoE) has confirmed that it plans to go-live with the new messaging standard for UK payments, ISO 20022, in April 2022 on...more
CHAPS enhanced ISO 20022 messages: BoE industry review -
The Bank of England (BoE) has published an industry review of the CHAPS enhanced ISO 20022 messages....more
Recent regulatory developments of interest to financial institutions and markets. Includes updates on UK recognition applications for EEA CSDs and more....more
Financial system to support recovery: FCA speech -
The UK Financial Conduct Authority (FCA) has published a speech given by Charles Randell, FCA Chair, on having a financial system to support recovery following COVID-19....more
Recent regulatory developments of interest to financial institutions and markets. Includes the extension of the senior managers regime to benchmark administrators, updates relating to MiFID II, EMIR, ESMA's draft guidelines...more
6/9/2020
/ Bank of England ,
Cloud Service Providers (CSPs) ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Inter-Bank Offered Rates (IBORs) ,
MiFID II ,
RTS ,
UK
COVID-19 and bank lending: letter from HM Treasury, BoE and FCA -
On 25 March 2020, HM Treasury published a joint letter, from the Chancellor, the Governor of the Bank of England (BoE) and the Chief Executive Officer (CEO)...more
COVID-19: BoE and PRA measures -
The Bank of England (BoE) and Prudential Regulation Authority (PRA) have announced a number of measures aimed at alleviating operational burdens on PRA-regulated firms and BoE-regulated...more
Card-acquiring market review: PSR update on timings -
The Payment Systems Regulatory (PSR) has published an update on when it intends to publish its interim report on the card-acquiring market review.
The PSR is planning to...more
Future of Finance: BoE proposals for open data platform for SME financing -
The Bank of England (BoE) has published a paper explaining its proposal for open data for small and medium-sized enterprise (SME) financing. The...more
Spring 2020 Budget: key financial services announcements -
The Chancellor of the Exchequer, Rishi Sunak, has delivered the Spring 2020 Budget. The Budget includes a number of measures of interest to financial services...more
3/16/2020
/ Bank of England ,
Budgets ,
China ,
Coronavirus/COVID-19 ,
Cybersecurity ,
European Economic Area (EEA) ,
FATF ,
Financial Services Industry ,
FPC ,
Green Bonds ,
Green Finance ,
HM Treasury ,
Infectious Diseases ,
Investment Funds ,
Libor ,
New Guidance ,
Prudential Regulation Authority (PRA) ,
Public Health ,
Risk Free Rates (RFRs) ,
Sterling Overnight Index Average (SONIA) ,
UK ,
UK Brexit