7/21/2025 1:16:39 PM The Consumer Duty and BNPL – uncomfortable accommodation or a meeting of minds? By Sara Cody Earlier this year the Government laid legislation before Parliament to bring more BNPL agreements into the scope of UK regulation (see:...
7/18/2025 3:52:33 PM HMT is updating the MLRs - here's what you need to know By Duncan Campbell HMT has published the UK government's response to its 2024 consultation on the Money Laundering Regulations (MLRs). In its response it...
7/18/2025 12:00:19 PM In the numbers: the FCA and PRA's interventions and enforcement work 2024-25 By Duncan Campbell From an interventions and enforcement perspective, the PRA's annual report is fairly brief as usual. The FCA's annual report gives a...
7/18/2025 9:11:01 AM FCA shapes rules for BNPL at start of one year countdown to new regime By Harry Eddis Clare Whittle Frances Hodgkins Arjun Lakhani Olivia Murphy Fiona Garrahan Simon Treacy +4 more... Show less Buy-now pay-later providers often rely on exemptions to remain outside the scope of regulation. As the UK plans to tighten these...
7/17/2025 10:44:00 AM Leeds Reforms: Starting gun sounds for comprehensive reforms to the FOS By Sara Cody Starting gun sounds for comprehensive reforms to the FOS The government, together with the FCA and the FOS, has begun the process of...
7/16/2025 7:35:17 PM Leeds Reforms: HMT establishes the statutory framework for targeted support By Dapo Akintola The Treasury has published a policy note and draft statutory instrument (the “Draft SI”) outlining proposed changes to the Regulated...
7/16/2025 10:08:13 AM Leeds Reforms: the SMCR proposals at a glance By Duncan Campbell As part of the Leeds Reforms, HMT, the FCA and the PRA published consultation papers on a package of proposed changes to the SMCR. Their...
7/15/2025 8:05:35 PM One step closer to the next generation of UK retail payments infrastructure By Olivia Murphy In November last year the Government released its north star for UK payments in the form of the National Payments Vision. The NPV...
7/15/2025 8:05:15 PM UK puts growth at heart of financial services strategy By Peter Bevan Simon Treacy The UK Government has published a Financial Services Growth and Competitiveness Strategy. The Strategy, which was launched as part of the...
7/15/2025 11:24:10 AM Mansion House 2025: UK uses “Leeds Reforms” to rewire financial system By Peter Bevan Harry Eddis Clare McMullen Elizabeth Dowd Alastair Holt Nikunj Kiri Raza Naeem Michael Kent +5 more... Show less Rachel Reeves has used a summit in Leeds to announce a wide-ranging package of reforms to financial regulation. A new strategy for...
7/10/2025 4:14:23 PM FCA fines Monzo £21m for failing to ensure its financial crime systems and controls keep pace with its business growth By Jankee Gohil Monzo’s story is so similar to many others – a small firm experiences rapid and significant business growth but its processes, systems...
7/8/2025 8:31:06 PM Final pieces of DORA rulebook fall into place By Raza Naeem James Morris Simon Treacy In the last couple of years EU financial entities have been busy implementing the Digital Operational Resilience Act. DORA started to...
7/8/2025 5:19:50 PM EBA to extend its outsourcing guidelines to cover all third party risks outside DORA By Raza Naeem Simon Treacy The European Banking Authority is consulting on new guidelines for the management of third party risk. The guidelines will replace the...
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...