Draft Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 -
A draft version of the Debt Respite Scheme (Breathing Space Moratorium and Mental Health...more
COVID-19: FCA update on business interruption insurance test case -
On 13 and 15 July 2020, the UK Financial Conduct Authority (FCA) updated its webpage on the High Court test case concerning business interruption...more
Draft Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 -
HM Treasury has published draft Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020, together with a draft...more
7/21/2020
/ Coronavirus/COVID-19 ,
CRD V ,
EU ,
European Economic Area (EEA) ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Services Industry ,
FSB ,
Libor ,
Money Laundering ,
SMCR ,
UK
LIBOR transition and PRA resolution-related rules: PRA statement -
The UK Prudential Regulation Authority (PRA) has published a statement outlining the PRA's view on the implications of LIBOR transition for contracts in...more
7/15/2020
/ AML/CFT ,
Basel Committee on Banking Supervision (BCBS) ,
BSA/AML ,
Coronavirus/COVID-19 ,
CRD V ,
European Economic Area (EEA) ,
FATF ,
Financial Institutions ,
FSB ,
Libor ,
Prudential Regulation Authority (PRA) ,
UK ,
UK Brexit
Pillar 2A: PRA PS15/20 on reconciling capital requirements and macroprudential buffers -
Following its consultation in CP2/20, the UK Prudential Regulation Authority (PRA) has published feedback and a policy statement,...more
COVID-19: FCA consults on updated temporary guidance for motor finance and HCSTC agreements -
On 3 July 2020, the UK Financial Conduct Authority (FCA) published for consultation updated temporary guidance for firms, which...more
7/15/2020
/ Automotive Loans ,
Coronavirus/COVID-19 ,
E-Money ,
Finance Lender ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Pawnbrokers ,
Payment Services Directive ,
Regulatory Agenda ,
RTO ,
UK
Recent regulatory developments of interest to financial institutions and markets. Includes updates on MiFIR open access regime for trading and clearing ETDs and various ESMA Q&A updated....more
7/14/2020
/ Coronavirus/COVID-19 ,
CSDR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Exchange-Traded Products ,
Financial Markets ,
MiFID ,
MiFIR ,
Securities Regulation ,
Transparency ,
UK
COVID-19: PRA statement to insurers on application of matching adjustment -
On 7 July 2020, the UK Prudential Regulation Authority (PRA) published a statement to insurers on the application of the matching adjustment (MA)...more
Recent regulatory developments include the UK FCA/PSR update on mapping and an EU Commission review report on the Interchange Fee Regulation....more
Recent regulatory development focussing on banking and finance. Includes updates relating to COVID-19 regulatory response, CRR, and more....more
7/9/2020
/ Anti-Money Laundering ,
Bank Recovery and Resolution Directive (BRRD) ,
Banking Sector ,
Capital Requirements Regulation (CRR) ,
Coronavirus Business Interruption Loan Scheme (CBILS) ,
Coronavirus/COVID-19 ,
EU ,
European Central Bank ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Prudential Regulation Authority (PRA) ,
Too Big to Fail ,
UK
Recent regulatory developments of interest to insurers and their intermediaries. Includes updates relating to COVID-19, Solvency II, and more....more
Recent regulatory developments of interest to all financial institutions. Includes COVID-19 and Brexit-related updates, amendments to the list of high-risk third countries in MLD4, and more....more
7/2/2020
/ Coronavirus/COVID-19 ,
Cryptoassets ,
Data Collection ,
EU ,
European Banking Authority (EBA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FPC ,
IOSCO ,
MLD4 ,
UK ,
UK Brexit
Recent regulatory developments focussing on banking and finance. Includes updates relating to COVID-19 regulatory response, CRR, 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
COVID-19: EBA extends application date of guidelines on moratoria on loan repayments -
On 18 June 2020, the European Banking Authority (EBA) announced that it is extending the application date of its guidelines on...more
6/24/2020
/ Coronavirus/COVID-19 ,
European Banking Authority (EBA) ,
European Central Bank ,
European Commission ,
Green Bonds ,
Implementing Technical Standards (ITS) ,
Loans ,
Moratorium ,
RTS ,
Stress Tests ,
UK
Marketing speculative illiquid securities to retail investors: FCA CP20/8 -
The UK Financial Conduct Authority (FCA) has published a consultation paper, CP20/8, "High-risk investments: Marketing speculative illiquid...more
Access to cash: FCA and PSR joint approach -
The UK Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) have published a statement on their approach on access to cash. The statement includes a summary...more
COVID-19: FCA proposes further support for credit card, personal loan and overdraft customers -
On 19 June 2020, the UK Financial Conduct Authority (FCA) published proposed updated temporary guidance for firms relating to...more
Insurance stress test 2019 and COVID-19 stress testing: FCA feedback -
The UK Prudential Regulation Authority (PRA) has published a Dear CEO letter giving feedback to general and life insurers that participated in the 2019...more
Recent regulatory developments of interest to all financial institutions. Includes updates on COVID-19, FCA guidance on assessing adequate financial resources, and European Commission draft legislation incorporating...more
6/17/2020
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Coronavirus/COVID-19 ,
ESRB ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Green Bonds ,
Libor ,
MiFID ,
Prudential Regulation Authority (PRA) ,
Solvency II ,
UCITS ,
UK ,
UK Brexit
Recent regulatory developments of interest to financial institutions and markets. Includes updates relating to MAR, MiFIR, EMIR, short selling, and more....more
Recent regulatory developments of interest to insurers and their intermediaries. Includes FCA update on COVID-19 business interruption insurance test case and EIOPA discussion paper on insurance value chain and new business...more
The current situation is fast-moving in light of the COVID-19 pandemic. Many financial supervisory and regulatory authorities as well as local governments have issued measures which are relevant for financial institutions and...more
6/10/2020
/ BaFin ,
Basel Committee on Banking Supervision (BCBS) ,
Capital Requirements ,
Coronavirus/COVID-19 ,
European Banking Authority (EBA) ,
European Central Bank ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Investment Funds ,
IOSCO ,
Jurisdiction ,
Liquidity ,
Short Selling ,
Small and Medium-Sized Enterprises (SMEs) ,
Supervisory Guidance ,
Transparency
COVID-19: FCA speech on expectations of wealth management and advice industry -
On 4 June 2020, the UK Financial Conduct Authority (FCA) published a speech by Megan Butler, FCA Executive Director of Supervision,...more
6/10/2020
/ AML/CFT ,
Coronavirus/COVID-19 ,
Data Collection ,
ECON ,
European Banking Authority (EBA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Implementing Technical Standards (ITS) ,
Interim Final Rules (IFR) ,
Investment ,
Libor ,
Pensions ,
Prudential Regulation Authority (PRA) ,
RTS ,
UK ,
UK Brexit ,
Wealth Management
Recent regulatory developments relating to consumer finance of interest to financial institutions. Regulatory news of general application and other sector specific regulatory updates are available as related documents....more