12/10/2024 11:04:58 AM FCA outlines Consumer Duty focus areas for 2024/25 By Sara Cody In response to industry feedback that it would be useful to have all Consumer Duty areas of focus listed together, the FCA has published...
6/26/2025 4:32:08 PM FCA criticises how e-money and payments firms manage risk By Harry Eddis Frances Hodgkins Olivia Murphy Arjun Lakhani Fiona Garrahan Simon Treacy +3 more... Show less The Financial Conduct Authority has called on UK payments firms to improve their compliance arrangements. It follows a review which has...
6/25/2025 8:13:24 AM ESMA seeks input on how to integrate funds reporting of supervisory data By Premlata Fagan Funds reporting in the asset management sector is now subject to significant fragmentation due to the coexistence of several reporting...
6/24/2025 7:54:28 AM New legislation sets up future for open banking and open finance in the UK By Olivia Murphy Alexia Katzaros The Data (Use and Access) Bill has been enacted. The new Act touches on several topics that are relevant to financial services in the UK,...
6/20/2025 1:34:10 PM MiCAR and payment services: No dual authorisation for stablecoins required (for now...) By Marius Raetz James Morris Dr Clemens Boehm Transactions involving electronic money tokens ('EMTs') are subject to both payment services and crypto-asset regulation, which gives...
6/16/2025 2:17:05 PM House of Lords Committee finds the FCA and PRA have a ‘deeply entrenched culture of risk aversion’ By Sara Cody Stephen Clipsham The House of Lords Regulation Committee was established in early 2024. Following the passing of FSMA 2023, which established a new...
6/13/2025 4:11:51 PM EU seeks input on high-risk AI rules By Raza Naeem Simon Treacy The European Commission’s AI Office has opened a survey on high-risk AI systems. Feedback will inform guidelines on the practical...
6/13/2025 3:04:56 PM EU securities authority turns spotlight on third party risks By Raza Naeem Simon Treacy The European Securities and Markets Authority has given regulators a guide for supervising third party risks to the financial sector. EU...
6/13/2025 3:04:06 PM UK Finance response to review of payments insolvency regime By Richard Hay Rory Conway Simon Treacy Francesca Mitchell +1 more... Show less Linklaters was pleased to work alongside Osborne Clarke LLP on UK Finance’s submission to the independent review of PESAR, the Payment...
6/9/2025 1:44:05 PM FCA proposes simplified AoV reporting requirements By Premlata Fagan As part of its latest quarterly consultation, the FCA has published proposals seeking to “reduce and simplify” the Assessment of Value...
6/6/2025 3:52:59 PM UK to allow wider sale of crypto exchange-traded products By James Morris Simon Treacy The Financial Conduct Authority has suggested opening up access some exchange-traded cryptoasset products for retail customers. Citing...
6/6/2025 3:42:03 PM FOS begins reform process by targeting interest By Sara Cody The FOS has issued a consultation on proposals to reduce the rate of interest it pays on awards to consumers it concludes have been...
6/4/2025 12:28:53 PM EU securities authority launches AI survey By Raza Naeem Simon Treacy The European Securities and Markets Authority has launched a survey on the take-up of AI in the securities sector. ESMA will use the...
6/4/2025 11:17:44 AM All the changes in the FCA's new Enforcement Guide By Elizabeth Dowd Sara Cody Duncan Campbell The FCA has a shiny new Enforcement Guide (ENFG) replacing its old EG. It's in force immediately. Here's a link to another post where we...
6/4/2025 11:09:03 AM The FCA’s new Enforcement Guide has landed – including its new investigations publicity policy By Elizabeth Dowd Sara Cody Duncan Campbell The FCA has a shiny new Enforcement Guide (ENFG) replacing its old EG (last updated in January 2021) with immediate effect. All of the...
6/4/2025 9:53:58 AM New “streamlined” UK Stewardship Code issued By Premlata Fagan Raza Naeem The Financial Reporting Council has now finalised its updates to the UK Stewardship Code and published the final version. The Stewardship...
6/3/2025 3:31:08 PM FCA proposes rules for stablecoin issuance and cryptoasset custody By Olivia Murphy The FCA has taken a significant step on its cryptoassets roadmap by opening a consultation on rules for stablecoin issuers and...