Safeguarding UK cash infrastructure: Joint Authorities Cash Strategy Group policy paper -
HM Treasury has published a policy paper of the Joint Authorities Cash Strategy (JACS) Group on safeguarding the UK's cash...more
EMIR: FCA revises breach notification form -
The UK Financial Conduct Authority (FCA) has published a revised version of its form for reporting errors or omissions in their trade reports under Article 9 of the European...more
COVID-19: FCA update on business interruption insurance test case -
On 13 and 15 July 2020, the UK Financial Conduct Authority (FCA) updated its webpage on the High Court test case concerning business interruption...more
Draft Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 -
HM Treasury has published draft Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020, together with a draft...more
7/21/2020
/ Coronavirus/COVID-19 ,
CRD V ,
EU ,
European Economic Area (EEA) ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Services Industry ,
FSB ,
Libor ,
Money Laundering ,
SMCR ,
UK
LIBOR transition and PRA resolution-related rules: PRA statement -
The UK Prudential Regulation Authority (PRA) has published a statement outlining the PRA's view on the implications of LIBOR transition for contracts in...more
7/15/2020
/ AML/CFT ,
Basel Committee on Banking Supervision (BCBS) ,
BSA/AML ,
Coronavirus/COVID-19 ,
CRD V ,
European Economic Area (EEA) ,
FATF ,
Financial Institutions ,
FSB ,
Libor ,
Prudential Regulation Authority (PRA) ,
UK ,
UK Brexit
Pillar 2A: PRA PS15/20 on reconciling capital requirements and macroprudential buffers -
Following its consultation in CP2/20, the UK Prudential Regulation Authority (PRA) has published feedback and a policy statement,...more
COVID-19: FCA consults on updated temporary guidance for motor finance and HCSTC agreements -
On 3 July 2020, the UK Financial Conduct Authority (FCA) published for consultation updated temporary guidance for firms, which...more
7/15/2020
/ Automotive Loans ,
Coronavirus/COVID-19 ,
E-Money ,
Finance Lender ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Pawnbrokers ,
Payment Services Directive ,
Regulatory Agenda ,
RTO ,
UK
CHAPS enhanced ISO 20022 messages: BoE industry review -
The Bank of England (BoE) has published an industry review of the CHAPS enhanced ISO 20022 messages....more
Recent regulatory developments of interest to financial institutions and markets. Includes updates on MiFIR open access regime for trading and clearing ETDs and various ESMA Q&A updated....more
7/14/2020
/ Coronavirus/COVID-19 ,
CSDR ,
EU ,
European Securities and Markets Authority (ESMA) ,
Exchange-Traded Products ,
Financial Markets ,
MiFID ,
MiFIR ,
Securities Regulation ,
Transparency ,
UK
COVID-19: PRA statement to insurers on application of matching adjustment -
On 7 July 2020, the UK Prudential Regulation Authority (PRA) published a statement to insurers on the application of the matching adjustment (MA)...more
Recent regulatory developments of interest to financial institutions with focus on consumer finance. Includes further COVID-19 support for customers, an FCA update on bank overdraft pricing decisions, and more....more
Recent regulatory developments include the UK FCA/PSR update on mapping and an EU Commission review report on the Interchange Fee Regulation....more
Recent regulatory development focussing on banking and finance. Includes updates relating to COVID-19 regulatory response, CRR, and more....more
7/9/2020
/ Anti-Money Laundering ,
Bank Recovery and Resolution Directive (BRRD) ,
Banking Sector ,
Capital Requirements Regulation (CRR) ,
Coronavirus Business Interruption Loan Scheme (CBILS) ,
Coronavirus/COVID-19 ,
EU ,
European Central Bank ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Prudential Regulation Authority (PRA) ,
Too Big to Fail ,
UK
Recent regulatory developments of interest to all financial institutions. Includes COVID-19 and Brexit-related updates, and more.
...more
7/9/2020
/ Banking Sector ,
Climate Change ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Mutual Recognition Agreement ,
Prudential Regulation Authority (PRA) ,
SMCR ,
Taxonomy ,
UK ,
UK Brexit
Recent regulatory developments of interest to insurers and their intermediaries. Includes updates relating to COVID-19, Solvency II, and more....more
The UK Financial Conduct Authority (FCA) has extended the deadline for solo-regulated firms to undertake their first assessment of the fitness and propriety of their certified persons under the senior managers and...more
Recent regulatory developments of interest to all financial institutions. Includes COVID-19 and Brexit-related updates, amendments to the list of high-risk third countries in MLD4, and more....more
7/2/2020
/ Coronavirus/COVID-19 ,
Cryptoassets ,
Data Collection ,
EU ,
European Banking Authority (EBA) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
FPC ,
IOSCO ,
MLD4 ,
UK ,
UK Brexit
Recent regulatory developments of interest to the funds and asset management sector. Other key updates are included in our Financial institutions general regulatory news in the related materials margin....more
Recent regulatory developments focussing on banking and finance. Includes updates relating to COVID-19 regulatory response, CRR, and more....more
Recent regulatory developments of interest to financial institutions and markets. Includes updates relating to Brexit, EMIR and more....more
Recent regulatory developments of interest to insurers and their intermediaries. Includes FCA update on the COVID-19 BI insurance test case and EIOPA discussion paper on methodological principles of insurance stress testing. ...more
Financial system to support recovery: FCA speech -
The UK Financial Conduct Authority (FCA) has published a speech given by Charles Randell, FCA Chair, on having a financial system to support recovery following COVID-19....more
COVID-19: EBA extends application date of guidelines on moratoria on loan repayments -
On 18 June 2020, the European Banking Authority (EBA) announced that it is extending the application date of its guidelines on...more
6/24/2020
/ Coronavirus/COVID-19 ,
European Banking Authority (EBA) ,
European Central Bank ,
European Commission ,
Green Bonds ,
Implementing Technical Standards (ITS) ,
Loans ,
Moratorium ,
RTS ,
Stress Tests ,
UK
Marketing speculative illiquid securities to retail investors: FCA CP20/8 -
The UK Financial Conduct Authority (FCA) has published a consultation paper, CP20/8, "High-risk investments: Marketing speculative illiquid...more
Access to cash: FCA and PSR joint approach -
The UK Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) have published a statement on their approach on access to cash. The statement includes a summary...more