On 27 June 2023, the UK signed a long-awaited Memorandum of Understanding ("MoU") with the European Union ("EU") to increase co-operation on financial services.
The MoU has been a long time coming: regulatory cooperation...more
28 June 2021 is the deadline for UK Financial Holding Companies ("FHC") and Mixed Financial Holding Companies ("MFHC") to submit their application for approval or exemption under the UK's implementation of the Capital...more
On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy on new requirements to strengthen...more
3/12/2020
/ Bank of England ,
Board of Directors ,
Business Continuity Plans ,
CEOs ,
Cloud Computing ,
Consultation Papers ,
Contingency Plans ,
Coronavirus/COVID-19 ,
EU ,
European Banking Authority (EBA) ,
European Central Bank ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Market Participants ,
Outsourcing ,
Prudential Regulation Authority (PRA) ,
Risk Management ,
Security Risk Assessments ,
SMCR ,
Third-Party Service Provider ,
UK ,
UK Brexit
On 31 January 2020 - the very date of the UK's withdrawal from the EU - the European Securities and Markets Authority (ESMA) issued a consultation on draft technical standards underpinning the recently revised EU market...more
On 31 July 2019 the UK Financial Conduct Authority (FCA) published final Guidance on the cryptoasset activities within its regulatory perimeter, in response to feedback on its January 2019 consultation paper and as trailed in...more
8/10/2019
/ Cryptocurrency ,
E-Money ,
E-money tokens ,
Exchange Tokens ,
Final Guidance ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Markets ,
Financial Services Industry ,
HM Treasury ,
International Harmonization ,
Money Transfer ,
Payment Services Directive ,
Public Consultations ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Tokens ,
SMCR ,
Tech Neutrality ,
UK ,
UK Brexit ,
UK Regulated Activities Order (RAO Amendments) ,
Utility Tokens
On 1 August 2019, the UK FCA published an article titled "Artificial Intelligence (AI) in the Boardroom" in its Insight series of opinion and analysis. Its author, Magnus Falk, a senior technology adviser at the FCA who used...more
8/6/2019
/ Artificial Intelligence ,
Board of Directors ,
Corporate Counsel ,
Corporate Governance ,
Ethical Standards ,
European Commission ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Legal Ethics ,
Popular ,
Senior Managers ,
Supervisors ,
UK