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Credit Unions › Financial Institutions › United Kingdom

A&O Shearman

PRA consults on proposed reforms to credit union investment rules

A&O Shearman on

The Prudential Regulation Authority (PRA) has published consultation paper CP13/25 proposing amendments to the credit union investment rules to permit investments in credit union service organisations (CUSOs). The proposals...more

Hogan Lovells

UK Consumer Duty: FCA publishes third set of portfolio letters to help firms with implementation

Hogan Lovells on

On 3 March 2023, the FCA published its third batch of portfolio letters setting out its expectations for firms implementing the Consumer Duty. We covered the previous two sets of letters in our Engage articles of 9 and 28...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, May 27, 2022

Paul Hastings LLP on

Congress- U.S. House of Representatives- Committee on Financial Services- Hearing: Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency-...more

Morgan Lewis

UK Financial Institutions: Proposals for New Senior Managers and Certification Regimes

Morgan Lewis on

With a mandate from Parliament, the UK regulators are working on a new regime governing individuals in banks. The UK Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published a joint...more

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