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Financial Institutions Bank of England Prudential Regulation Authority (PRA)

A&O Shearman

UK FPC finalises O-SII buffer framework review

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The Bank of England (BoE) has published the Financial Policy Committee's (FPC) final response to the 2024 review of the Other Systemically Important Institutions (O-SII) buffer framework. This follows the March consultation,...more

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Mansion House: UK government publishes draft Overseas Recognition Regimes Regulations and Guidance

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Alongside its Financial Services Growth and Competitiveness Strategy, the UK government has laid before Parliament, a draft of the Financial Services (Overseas Recognition Regime Designations) Regulations 2025 (the ORR...more

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Bank Resolution (Recapitalisation) Act implemented

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The Bank Resolution (Recapitalisation) Act 2025 (Commencement) Regulations 2025 have been made, which brings into force certain provisions of the Bank Resolution (Recapitalisation) Act 2025 from 16 July, in parallel with the...more

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Mansion House: Bank of England measures to maintain a fit for purpose resolution regime

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The Bank of England (BoE) has published a suite of publications in its capacity as the UK′s resolution authority, covering significant updates in relation to its approach to setting the minimum requirement for own funds and...more

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Bank of England's FPC publishes July financial stability report

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The Bank of England's Financial Policy Committee (FPC) has published its July financial stability report alongside the record of its 27 June meeting. After assessing the risks to the UK financial system, the FPC reports that...more

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PRA thematic findings from the 2024 Cyber Stress Test

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The Bank of England and the Prudential Regulation Authority (PRA) have released a letter to PRA-regulated firms and relevant financial market infrastructure (FMIs) outlining the thematic findings from the 2024 Cyber Stress...more

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BoE and PRA publish annual reports

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The Bank of England (BoE) and Prudential Regulation Authority (PRA) have published a series of annual reports, which are set out below. - BoE Annual Report and Accounts. The BoE has set out its strategic investment...more

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BoE renews statement of commitment

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The Bank of England (BoE) has announced it has renewed its statement of commitment to the FX Global Code, based on the revised code dated December 2024. The FX Global Code outlines principles of good practice in the foreign...more

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BoE publishes feedback statement on transitioning to a repo-led operating framework

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The Bank of England (BoE) has published a feedback statement in response to its December 2024 discussion paper on transitioning to a repo-led operating framework. The discussion paper proposed changes to the Sterling Monetary...more

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BoE and PRA issue joint consultation on amendments to UK EMIR reporting standards

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The Bank of England and the UK Financial Conduct Authority have published a joint consultation paper proposing amendments to the UK EMIR trade repository reporting requirements, using their powers under article 9 of UK EMIR...more

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The Capital Buffers and Macro-prudential Measures Regulations 2025

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The Capital Buffers and Macro-prudential Measures Regulations 2025 (SI 2025/653) have been laid before the UK parliament and published, together with an explanatory memorandum. The regulations restate relevant provisions of...more

Hogan Lovells

UK: The Bank Resolution (Recapitalisation) Act 2025

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The Bank Resolution (Recapitalisation) Act 2025 (Act) received Royal asset on 15 May 2025. Although deceptively short and dependant on the passing of further regulations in order to come into effect, it introduces significant...more

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Bank Resolution (Recapitalisation) Act 2025 published

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The UK Bank Resolution (Recapitalisation) Act 2025 has received royal assent and was published. The Act makes provision for recapitalisation costs in relation to the special resolution regime under the Banking Act 2009, in...more

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Key elements of the 2025 CCP Stress Test

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The Bank of England (BoE) has published key elements to its 2025 Stress Test of UK Central Counterparties (CCPs), along with a spreadsheet containing the relevant market stress scenarios. This exercise, the fourth of its...more

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BoE publishes two new stress test scenarios for 2025 Bank Capital Stress Test

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The Bank of England (BoE) has updated its stress testing webpage, announcing it has published two stress test scenarios for use by banks and building societies that are not participants in its concurrent stress testing...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, April 18, 2025

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April 17, 2025 - Federal Reserve Board Governor Michael S. Barr gave a speech entitled, “Deepfakes and the AI Arms Race in Bank Cybersecurity.” April 17, 2025- The Federal Reserve Bank of Boston published an article...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, April 11, 2025

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April 9, 2025- The U.S. Senate Committee on Banking, Housing and Urban Affairs passed a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule on overdraft fees based upon the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 10, 2025

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April 9, 2025- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence held a hearing entitled “American Innovation and the Future of Digital Assets...more

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Daily Financial Regulation Update -- Wednesday, April 9, 2025

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April 8, 2025 - Federal Deposit Insurance Corporation Acting Chair Travis Hill gave a speech entitled “View from the FDIC: Update on Key Policy Issues” at the American Bankers Association Washington Summit....more

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Bank of England 2025 bank capital stress test launched

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The Bank of England (BoE) has launched the 2025 bank capital stress test for the seven largest and most systemic UK banks and building societies. The exercise is the successor to the Annual Cyclical Scenario. The test...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday April 1, 2025

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March 31, 2025 - The Federal Reserve Board published a working paper entitled “The Evolution of Inflation Targeting from the 1990s to 2020s: Developments and New Challenges.”...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday March 28, 2025

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March 27, 2025- The U.S. Senate passed a Congressional Review Act resolution to overturn the Consumer Financial Protection Bureau’s final rule imposing price controls on overdraft services offered by banks and credit...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday February 21, 2025

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February 20, 2025- The Bank Policy Institute, American Bankers Association, Americas Focus Committee of the Association of Global Custodians, Financial Services Forum, Securities Industry and Financial Markets Association...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday January 31, 2025

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January 29, 2025 - The U.S. Senate Committee on Small Business and Entrepreneurship held a hearing on the nomination of Kelly Loeffler to be administrator of the Small Business Administration....more

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Daily Financial Regulation Update -- Wednesday January 29, 2025

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January 28, 2025 - The Consumer Financial Protection Bureau released two reports looking at national rental payment data from September 2021 to November 2024. January 28, 2025 - The Consumer Financial Protection Bureau...more

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