BigTech: International Banking Federation report -
The House of Lords EU Services Sub-Committee has published the letter it has sent to John Glen, Economic Secretary and City Minister, on the UK-EU negotiations in...more
COVID-19: FCA updates on business interruption insurance test case -
The UK Financial Conduct Authority (FCA) has published a number of updates to its webpage on the High Court test case concerning business interruption...more
Role of investment managers in post-COVID-19 recovery: FCA speech -
The UK Financial Conduct Authority (FCA) has published a speech by Christopher Woolard, FCA Interim Chief Executive, on the role of investment managers in...more
7/21/2020
/ Asset Management ,
Coronavirus/COVID-19 ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Investment Funds ,
Investment Management ,
Liquidity ,
Money Market Funds ,
Recovery Plans ,
UK
COVID-19: PRA updates statement on implementation of EBA guidelines on reporting data and public information -
The UK Prudential Regulation Authority (PRA) has updated its statement on the implementation of the European...more
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
EMIR: FCA revises breach notification form -
The UK Financial Conduct Authority (FCA) has published a revised version of its form for reporting errors or omissions in their trade reports under Article 9 of the European...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
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
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
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 of interest to financial institutions with focus on consumer finance. Includes further COVID-19 support for customers, an FCA update on bank overdraft pricing decisions, and more....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 developments of interest to all financial institutions. Includes COVID-19 and Brexit-related updates, and more.
...more
7/9/2020
/ Banking Sector ,
Climate Change ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Mutual Recognition Agreement ,
Prudential Regulation Authority (PRA) ,
SMCR ,
Taxonomy ,
UK ,
UK Brexit
Recent regulatory developments of interest to insurers and their intermediaries. Includes updates relating to COVID-19, Solvency II, and more....more
The UK Financial Conduct Authority (FCA) has extended the deadline for solo-regulated firms to undertake their first assessment of the fitness and propriety of their certified persons under the senior managers and...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 of interest to insurers and their intermediaries. Includes FCA update on the COVID-19 BI insurance test case and EIOPA discussion paper on methodological principles of insurance stress testing. ...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
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