13 Dec, 2023 Financial Regulation Legal Outlook 2024 By Rakhee Pattani Our Financial Regulation Outlook 2024 explores the key regulatory developments that we expect to see in the Banking, Asset Management and...
15 Mar, 2024 Reverse ferret on financial promotion exemptions By Clare Whittle James Morris Simon Treacy The government is undoing recent changes to a couple of important exemptions to the UK financial promotions regime. Firms which rely on...
14 Mar, 2024 Your guide to UK Banking Regulation in 2024 By Alastair Holt Simon Treacy Alastair Holt and Simon Treacy have co-authored the UK chapter for GLI’s Banking Regulation 2024. Banks continue to operate in a...
14 Mar, 2024 UK unveils measures to curb de-banking By Harry Eddis Jean Price Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +4 more... Show less New draft legislation shows how banks and other firms will have to give customers more info when ending payment contracts. The reforms,...
12 Mar, 2024 UK plans to slow down payments where fraud is suspected By Harry Eddis Jean Price Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +4 more... Show less Banks and other firms will be able to delay processing payments where there are grounds to suspect fraud, according to draft legislation...
11 Mar, 2024 UK opens door to some cryptoasset exchange-traded products By James Morris Simon Treacy The Financial Conduct Authority has indicated that it would consider requests to create cryptoasset exchange-traded notes. The move...
08 Mar, 2024 EU MiFIR and MiFID II amendments are published in the Official Journal By Stephen Clipsham Following their formal adoption by the Council of the EU on 20 February 2024, the amendments to the Markets in Financial Instruments...
06 Mar, 2024 FRC sets out details and timeline for its review of the UK Stewardship Code By Premlata Fagan The Financial Reporting Council (FRC) has recently published a policy update in relation to its review of the UK Stewardship Code. Its...
05 Mar, 2024 FCA outlines its approach to enforcing critical third party regime By Raza Naeem Simon Treacy Tech firms that support financial services should note a new consultation from the Financial Conduct Authority. The FCA, along with the...
04 Mar, 2024 FCA continues its focus on wind-down plans By Olivia Murphy As any payments firm who has applied (or is applying) for authorisation in the UK will know, a key aspect of an authorisation application...
29 Feb, 2024 FCA enforcement's great reset: "boil the kettle not the ocean" By Duncan Campbell Sara Cody FCA Enforcement co-heads Therese Chambers and Steve Smart have fired the starting gun on their long-awaited refresh of the FCA's...
27 Feb, 2024 Commission finalises approach to criticality criteria and oversight fees under DORA By Jimi Piggott-Bader Simon Treacy Raza Naeem The European Commission has adopted two delegated regulations under the EU’s Digital Operational Resilience Act. This builds on advice...
26 Feb, 2024 ECJ confirms AG opinion on boundary between payment services and e-money issuance By Andreas Van Impe Simon Treacy A ruling from the European Court of Justice helps to draw a line between the regulated activities of providing payment services and...
26 Feb, 2024 Four options for firms to consider when approaching the EU’s CRD6 By Jankee Gohil Simon Treacy As the legislative process for CRD6 / CRR3 comes to a close, attention is turning to what firms need to do to comply with the incoming...
09 Feb, 2024 FCA encourages boards to question what they do to tackle financial crime By Simon Treacy A key pillar of the FCA’s current three-year strategy is to reduce and prevent financial crime. In an update at the midpoint of executing...
09 Feb, 2024 Financial services interventions and enforcement trends for 2024 By Nikunj Kiri Sara Cody Duncan Campbell In the next couple of months we'll see the FCA enforcement heads articulate their vision and direction for interventions and enforcement...
03 Feb, 2024 The PRA’s New Early Account Scheme comes into force. What is it and what does it mean for firms? By Declan Mcloughlin Sara Cody Earlier this week, the PRA finalised a significant overhaul of its enforcement approach. In its first policy statement of 2024, it...