The latest edition of our Private Bank Briefing provides a roundup of legal and compliance issues impacting private banks and their clients from Q2 2021.
In this edition, we cover sustainable finance developments, the regulators’ expectations regarding operational resilience and outsourcing, and the PRA’s plans to develop a new prudential regime for smaller banks. We feature areas of planned reform, including the FCA’s consultation on introducing a Consumer Duty and changes being brought in under the Financial Services Act 2021, as well as other key updates for private banks from the last three months.
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