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...
7/4/2025 10:18:44 AM Qualifying holdings: More detailed EU rules are on the way for prospective acquirors By Julian Emmerich The European Banking Authority is consulting on new regulatory technical standards detailing information for acquirors of qualifying...
7/3/2025 4:59:04 PM FCA publishes long awaited non-financial misconduct rules and guidance By Joseph Richmond Declan Mcloughlin The FCA’s long awaited “next steps” on non-financial misconduct (“NFM”) have now been published. Building on its previous consultation in...
7/3/2025 2:04:27 PM Upper Tribunal turns trader in its latest landmark spoofing case By Jankee Gohil Duncan Campbell The Upper Tribunal's recent decision in Gonzalez, Sheth and Urra v FCA has implications for market abuse compliance efforts of all market...
7/2/2025 9:53:12 AM Striking a new balance for mortgage lending – FCA’s Mortgage Rule Review By Clare Whittle Emily Rainbird The FCA has launched the next phase of its Mortgage Rule Review, publishing a discussion paper aimed at encouraging open dialogue on the...
7/1/2025 10:47:44 AM Advice/Guidance Boundary Review: Reflections on the FCA's targeted support proposals By Sara Cody Premlata Fagan FCA and Treasury’s joint Advice Guidance Boundary review is seeking to plug the UK's "advice gap" for retail investors. Targeted support...
7/1/2025 10:34:00 AM Advice/Guidance Boundary Review: FCA consults on its "once-in-a-generation" targeted support proposals By Premlata Fagan Sara Cody There is no denying that the advice gap is stark. Just 9% of adults received financial advice about their pensions or investments in the...
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...