May 01, 2023 Future Regulatory Framework | Publications | Insights | Linklaters By Simon Treacy A broad programme of work is underway to shape the future of financial services regulation in the UK. This will impact all financial...
Dec 07, 2023 Get ready: Principles-based regulation is coming to (some) tech firms By Duncan Campbell Financial services firms are familiar with the UK financial services regulators' Principles-based regulation. And with the most optimal...
Dec 06, 2023 On Consumer Duty, keep being proactive: FCA By Duncan Campbell Over 6000 people beat down the door of the FCA's Consumer Duty webinar on 6 December 2023. So many that the FCA's systems were...
Dec 05, 2023 Technology Working Group sets out its vision for implementing UK fund tokenisation By Premlata Fagan In a recent speech the FCA highlighted “supporting technological advance” as one of its three main priorities for reform of the asset...
Dec 05, 2023 Asymmetry between Big Tech and financial services firms - opportunities for the Consumer Duty? By Jankee Gohil Having spent quite a lot of time over the last year advising on the Consumer Duty (the “Duty”), the FCA’s Call for Input on ‘Potential...
Dec 04, 2023 FCA sets out temporary measures for investment firms' cost disclosure By Premlata Fagan Stephen Clipsham The FCA will allow investment firms to provide additional information, including cost breakdowns, on their key investor documents (KIDs)...
Nov 23, 2023 A new UK retail disclosure framework is coming By Elliot Jack Raza Naeem Premlata Fagan Following on from its consultation response in July 2023, the UK Government has now published a draft statutory instrument (“SI”) (and...
Nov 23, 2023 Three ways in which the Future of Payments Report could change UK payments By Simon Treacy Saurabh Gupta In the summer the government commissioned an independent review of the UK payments industry. Now that the report has landed we pick out...
Nov 22, 2023 Draft law draws outline of future UK short selling regime By Sebastian Barling James Morris Simon Treacy Draft regulations reveal more detail on how the government plans to reshape the UK’s short selling regime, confirming divergence from the...
Nov 21, 2023 Recommending consistency: IOSCO finalises its policy recommendations for crypto By Simon Treacy Jamie Johnson The International Organization of Securities Commissions has finalised its 18 policy recommendations for the regulation of crypto and...
Nov 20, 2023 In the Julius Baer case, a costs order with a real sting in the tail By Duncan Campbell Upper Tribunal Judge Herrington - sitting in retirement - has delivered a final blow to the FCA with a partial costs order in Seiler v...
Nov 20, 2023 EBA speech draws connection between AI and operational resilience By Raza Naeem Terry Yiangou Simon Treacy Amber Heron +1 more... Show less The European Banking Authority has published a speech by its chair, José Manuel Campa, on operational resilience in EU financial...
Nov 16, 2023 Commission calls for comments on criticality criteria under DORA By Raza Naeem Jimi Piggott-Bader Simon Treacy The European Commission has opened a four-week consultation on two draft delegated acts under the EU’s Digital Operational Resilience Act...
Nov 10, 2023 FCA sets crypto marketing guidance: Did I make myself clear (and fair, and not misleading)? By James Morris Simon Treacy Snapshot:FCA finalises its guidance on cryptoasset marketing to help crypto firms comply with the new regime.FCA expects firms promoting...
Nov 01, 2023 Consumer Duty: metaphor, messages and sabre-rattling By Duncan Campbell The FCA is waxing lyrical about how central the Consumer Duty is to its work. Its metaphors have tempered over time (remember the...
Oct 30, 2023 Look at all these interventions! By Duncan Campbell In this year's FCA Annual Public Meeting Ashley Alder (Chair) said that supervisory interventions and enforcement are both essential and...
Oct 30, 2023 The Consumer Duty: data, data, data By Duncan Campbell The FCA's Annual Public Meeting is an important opportunity for FCA execs to do some market messaging. And this year, when it comes to...