Financial Conduct Authority (FCA), Policy Statement, Regulatory Agenda

UK FCA delays extending SDR regime to portfolio managers

A&O Shearman on 2/28/2025

The UK Financial Conduct Authority (FCA) has updated its webpage on extending the sustainability disclosure requirements (SDR) and labelling regime to portfolio managers, confirming that it no longer intends to publish a...more

FCA and PRA Publish Consultation on New Rules relating to Non-Financial Misconduct

Akin Gump Strauss Hauer & Feld LLP on 10/27/2023

Key Points - Following a joint Discussion Paper in 2021 issued by the FCA and the PRA, both regulators have now issued Consultation Papers proposing new rules and guidance in relation to diversity and inclusion in the...more

UK Adopts a New Consumer Duty: Key Implications for Financial Services Firms

Skadden, Arps, Slate, Meagher & Flom LLP on 2/22/2023

The UK’s Financial Conduct Authority (FCA) published final guidance (FG22/5) and a policy statement (PS22/9) for the new consumer duty (Duty) on 27 July 2022. The main rules will come into force on 31 July 2023 for existing...more

Regulation Round Up - October 2021

Proskauer Rose LLP on 11/4/2021

The Financial Stability Board published its final report on the lessons learnt from the COVID-19 pandemic from a financial stability perspective. The Financial Conduct Authority (“FCA”) published a report on climate change...more

Regulation Round Up - September 2021

Proskauer Rose LLP on 10/6/2021

Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation. ...more

Financial institutions general regulatory news, September 2020 # 2

Hogan Lovells on 9/15/2020

PRA PS20/20: response to CP3/20 occasional paper - Following its March 2020 occasional consultation paper (CP3/20), the UK Prudential Regulation Authority (PRA) has published a policy statement, PS20/20, setting out its...more