The UK Financial Conduct Authority (FCA) has published Sector Views, its annual report examining how each financial sector is performing....more
2/18/2020
/ Consumer Financial Products ,
Consumer Insurance Products ,
Cyber Crimes ,
Data Management ,
Debt ,
Digital Services ,
E-Money ,
Economic Development ,
Emerging Markets ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Markets ,
Financial Services Industry ,
Investment Management ,
Lenders ,
Peer-to-Peer ,
Pensions ,
Regulatory Oversight ,
Regulatory Standards ,
Retail Banks ,
Retirement Plan ,
Scams ,
Small and Medium-Sized Enterprises (SMEs) ,
Trade Relations ,
UK ,
UK Brexit ,
Vulnerable Victims
Irrespective of whether the UK leaves the EU with a withdrawal agreement, interest grows in the future of regulatory policy, the inter-connectivity of international financial services, and how firms from other countries will...more
With Parliament prorogued and the Government suggesting it may ignore legislation obliging it to request a further Brexit extension from Brussels, it remains a possibility that the UK may leave the EU on 31 October 2019...more
9/17/2019
/ Cross-Border Transactions ,
Data Protection ,
EU ,
Financial Services Industry ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Member State ,
No-Deal Brexit ,
Passporting ,
Temporary Permissions Regime (TPR) ,
UK ,
UK Brexit
The Financial Conduct Authority (FCA) has confirmed that the deadline for notifications for the temporary permissions regime (TPR) will be extended to the end of 30 October 2019....more
Whether or not you call that a Free Trade Agreement is academic.
Theresa May said in Florence that we could do so much better than a Canada-style (FTA).
She gave two reasons: we should be more ambitious than that; and...more
In a speech that was ostensibly on the progress of the Capital Markets Union, Steven Maijoor, the Chair of the European Securities and Markets Authority ("ESMA") announced, that ESMA is planning possible measures to avoid a...more
4/19/2017
/ Article 50 Treaty of the EU ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Markets ,
Member State ,
Referendums ,
Regulatory Oversight ,
Relocation ,
UK ,
UK Brexit
The main focus of the commentary so far has been on the references to security (in the Article 50 notice) and the references to Gibraltar (in the EU response).
What though does this mean for the Financial Services...more
Does CETA provide a workable model for market access in the financial services industry? At the risk of spoiling the plot: no, not really. What does the industry mean when it says it wants market access?...more
4/3/2017
/ Article 50 Treaty of the EU ,
Canada ,
CETA ,
Cross-Border ,
EU ,
European Economic Area (EEA) ,
Financial Institutions ,
Financial Services Industry ,
Most-Favored Nations ,
Passporting ,
Trade Agreements ,
UK ,
UK Brexit
Hogan Lovells has collaborated with TheCityUK and The City of London Corporation's co-sponsored International Regulatory Strategy Group (IRSG), to launch a new report looking at the options for Financial Institutions in the...more
With contributors across the sector and the globe, we've compiled a review of some of the developments that will affect financial institutions in 2017 and beyond. The one thing that 2016 taught us was to expect the...more
1/13/2017
/ Banking Sector ,
Bitcoin ,
Blockchain ,
BSA/AML ,
Data Protection ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Insolvency ,
Insurance Industry ,
Investment Funds ,
Key Information Document (KIDs) ,
Limited Partnerships ,
MiFID II ,
Packaged Retail And Insurance-Based Investment Products (PRIIPS) ,
Personal Data ,
Popular ,
PSD2 ,
RegTech ,
UK ,
UK Brexit ,
UK Competition and Markets Authority (CMA) ,
Virtual Currency