Articles

Search Filters

Advanced Search Advanced Search
Date range:

Showing 31 - 40 of 1743 matches

  • Brexit negotiations: UK vs EU, Round Three

    14/05/2020
    The third round of the negotiations on the future relationship between the UK and the EU takes place this week via video conference. Limited progress seems to have been made so far to bridge the gaps on outstanding areas. There are now only two rounds of talks before the high-level ...
  • European Commission postpones the entry into force of CSDR settlement discipline measures

    14/05/2020
    The Commission Delegated Regulation on settlement discipline (the “Settlement Discipline RTS”[1]) will now come into force on 1 February 2021 following industry requests for more time for implementation. Central securities depositaries, trade venues and investment firms were originally due to apply its provisions by 13 September 2020. Background In its ...
  • Firm handling of complaints during coronavirus and vulnerable customers

    12/05/2020
    Correct as of 9am, 12th May. This article is not being maintained. The FCA has published guidance[1] on the handling of complaints during coronavirus. The FCA reminds firms that handling complaints remains an important function which should continue and says that firms should take all reasonable steps to ensure as ...
  • Product value and coronavirus: draft FCA guidance

    06/05/2020
    On Friday 1st May, the Financial Conduct Authority (the “FCA”) issued draft guidance for insurers and insurance intermediaries on product value and coronavirus. The guidance highlights the actions firms should be taking to identify any material issues that affect the value of their products and their ability to deliver good ...
  • Coronavirus and customers in temporary financial difficulty: draft guidance for insurance and premium finance firms

    01/05/2020
    On Friday 1st May, the Financial Conduct Authority (the “FCA”) issued draft guidance for regulated firms operating in the insurance and premium finance markets in respect of customers facing temporary financial difficulties as a result of the coronavirus pandemic. These firms include: Insurers; Insurance intermediaries (including appointed representatives); Premium finance ...
  • FCA confirms support for motor finance customers

    27/04/2020
    Further to the draft guidance published on 24th April 2020, the FCA has now issued its final guidance regarding support for customers of motor finance agreements, who are struggling financially as a result of the coronavirus pandemic. The FCA welcomed comments on the draft guidance by way of a short ...
  • Germany: Supervisory and regulatory schemes as a reaction to the Coronavirus crisis

    24/04/2020
    Banking supervision relaxes capital and liquidity requirements for credit institutions to promote loans to real economy companies The European Central Bank (ECB) as well as the German Federal Financial Supervisory Authority (BaFin) have decided on various schemes to relieve the banking industry from regulatory capital and liquidity requirements as a ...
  • Cryptocurrency = property = legal protection

    24/04/2020
    The UK Jurisdiction Taskforce’s Legal Statement on the Status of Cryptoassets and Smart Contracts is proving to be influential both domestically and internationally for its analysis of the legal status of cryptocurrency. The Legal Statement recognised that the design of cryptoassets may create some practical obstacles to legal intervention but ...
  • Insurance 2020: Culture

    21/04/2020
    Culture, once the preserve of management gurus, is swiftly moving mainstream. Over the past few years both the PRA and the FCA, as well as the European regulators, have increasingly drawn attention to the importance of the board ensuring that the firm has the right culture. And what has become ...
  • Motor finance agreements and coronavirus - draft temporary guidance for firms

    17/04/2020
    On Friday 17th April, the Financial Conduct Authority (the “FCA”) issued draft guidance for regulated firms that provide regulated motor finance agreements, in light of the coronavirus pandemic and its effect on the finances of motor finance customers. Motor finance agreements in this context include hire purchase agreements, conditional sale ...