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Insurance Industry Financial Conduct Authority (FCA) Banks

Hogan Lovells

UK Insurance Horizon Scanner - March, April and May 2024

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A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next few months. Coming up in March, April and May. MARCH 5 Non-financial misconduct: Lloyd’s Managing Agents &...more

Dechert LLP

SEC Staff Issues Statement on LIBOR Transition; Practical Considerations for Investment Companies, Investment Advisers and Other...

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The staffs of the Securities and Exchange Commission’s Division of Corporation Finance, Division of Investment Management (IM Division), Division of Trading and Markets, and Office of Chief Accountant (collectively, Staff) on...more

A&O Shearman

Key Regulatory Topics: Weekly Update - 10 November 2017 – 16 November 2017

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BREXIT - UK Finance proposes model for post-Brexit financial services under EU-UK trade agreement - On 16 November, UK Finance published a report entitled "Supporting Europe's economies and citizens: a modern approach...more

Proskauer Rose LLP

Regulation Round Up - February 2017

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The FCA and PRA announced changes to enforcement process with the aim of strengthening the transparency and effectiveness of enforcement decision-making processes. Some of the changes have already come into force, the rest...more

Seyfarth Shaw LLP

Financial Services - Preparing Your Global Workforce for the New UK Whistleblowing Regime

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New rules on whistleblowing have come into effect which impact certain Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA) regulated financial services firms. The aim of these rules is to promote a...more

Carlton Fields

Time to Disrupt Insurance Regulation?

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Innovators are not only disrupting the financial industry but also financial regulation as regulators weigh how to monitor financial technology (fintech) innovators and their new products and services. As they begin to...more

Robins Kaplan LLP

Your daily dose of financial news The Brief – 5.31.16

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A lawsuit over an alleged Ponzi scheme involving a fund pushed by MetLife agents is raising hard questions for the insurance giant over the reaches of corporate liability...more

Katten Muchin Rosenman LLP

Senior Managers Regime Goes Into Effect in the United Kingdom

On March 7, the Senior Managers Regime (SMR) went into effect for UK-based banks and insurers, replacing the existing UK-approved person rules for all senior managers within scope at relevant firms. Other firms regulated by...more

Cadwalader, Wickersham & Taft LLP

UK Financial Conduct Authority Issues Final Rules Concerning Whistleblowers

On October 6, 2015, the UK Financial Conduct Authority (“FCA”) issued final rules formalizing whistleblower procedures to be implemented by certain banks, building societies, credit unions, investment firms, and insurance and...more

Locke Lord LLP

New Risks - the New Senior Manager and Senior Insurance Manager Regimes

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From 7th March 2016 (and 1st January for insurers), a new regulatory financial services regime will be in place in the United Kingdom. The new regime is significant; it is intended to make it far easier for UK regulators; the...more

Morgan Lewis

UK Financial Institutions Strengthen Accountability

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UK regulators extend the new regulatory framework that governs individual accountability to banking and insurance. The UK Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published their...more

K&L Gates LLP

Shadow Banking Remains on Regulatory Radar

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The Financial Policy Committee (FPC) of the Bank of England (BoE) has recently published its latest Financial Stability Report (Report). The format of the Report is that the FPC assesses the outlook for financial stability by...more

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