News

Search Filters

Advanced Search Advanced Search
Date range:

Showing 41 - 50 of 17109 matches filtered by 'Banking and finance'

  • PSR: Regulatory fees

    27/06/2022
    PSR has published details of the figures it will use to calculate the regulatory fees for each PSR fee payer in... 2022/23.
    Support Information
    Show more Show less
  • HMT: Review of the UK’s AML/CFT regulatory and supervisory regime

    24/06/2022
    Further to the 2021 call for evidence, the Government has published a review of the UK’s AML/CFT regime along with two... post-implementation reviews to fulfil its statutory obligations; one of the Money Laundering Regulations 2017 and one of the OPBAS Regulations 2017. These may all be downloaded via the following link. With regard to supervision, it is stated that “the government is clear that reform is needed, but the best scale and type of reform to improve effectiveness and solve the problems that have been identified is not yet clear. The government has laid out a shortlist and will consult further on options for reform”.
    Support Information
    Show more Show less
  • HMT/FCA/PSR/CMA: Joint Regulatory Oversight Committee

    24/06/2022
    Further to the joint statement published in March 2022, ToR concerning the role, remit and composition of the Committee have now... been published. The Committee’s role is to oversee the planning and preparation for the future Open Banking entity.
    Support Information
    Show more Show less
  • HoL European Affairs Committee: The UK-EU relationship in financial services

    24/06/2022
    The Committee has published this report. It found that the overall outlook for the UK financial services sector post-Brexit is... positive, but cautions the Government against complacency and raises concerns over potential barriers to cross-border trade in financial services. The Committee suggests that the Government seems reluctant to recognise the importance of the UK-EU relationship, unwilling to fully engage with the EU institutions, or to acknowledge that developments in the EU still have significance for the UK. The Committee found that the absence of EU equivalence decisions for the UK reflects a political, rather than technical, approach on the part of the EU, and it appears that the UK is being held to a higher standard than other countries in this regard, but concludes that the absence of EU equivalence decisions has had less adverse impact than initially feared. The Committee found that the MoU on regulatory cooperation is being held up because of wider difficulties in the UK-EU relationship and considers that its earliest possible entry into force should be a priority for the Government.
    Support Information
    Show more Show less
  • EBA: Mortgage Credit Directive

    24/06/2022
    EBA has published its response to the EC’s call for advice on the MCD review and proposes clarifications on the scope... of the MCD, the impact of digitalisation and the ways to facilitate the cross-border provision of mortgages.
    Support Information
    Show more Show less
  • FCA: Handbook Notice 100/Instruments

    24/06/2022
    FCA has published details of Instruments made at its board meetings on 1 and 23 June 2022. These are as... follows: Claims Management (Relevant Connections) Instrument 2022/15; Funeral Plans (No 4) Instrument 2022/25 and Handbook Administration (No 60) Instrument 2022/26. Instruments may be downloaded via the second link below.
    Support Information
    Show more Show less
  • FCA/City of London: Supporting innovation in ESG data and disclosures – the digital sandbox sustainability pilot

    24/06/2022
    The report provides an overview of the digital sandbox sustainability pilot and discuss the lessons learned and FCA’s current thinking for... the future of the sandbox.
    Support Information
    Show more Show less
  • EC: EMIR Implementing Decisions

    24/06/2022
    The following have been published in the Official Journal: (i) Commission Implementing Decision (EU) 2022/984 of 22 June 2022 on the... equivalence of the regulatory framework of the People’s Republic of China for central counterparties that are authorised to clear OTC derivatives in the interbank market and supervised by the People’s Bank of China to the requirements of EMIR; (ii) Commission Implementing Decision (EU) 2022/985 of 22 June 2022 on the equivalence of the regulatory framework for central counterparties in Israel to the requirements of EMIR has been published in the Official Journal.
    Support Information
    Show more Show less
  • EC/EBA/EIOPA/ESMA: PRIIPs Delegated Regulation

    24/06/2022
    The EC has confirmed that it is intended for the rules for the KID in Delegated Regulation 2017/653 to continue to... apply until 31 December 2022, including the ability to use the KIID to provide specific information about UCITS offered as underlying investment options, and for the new rules included in Delegated Regulation 2021/2268 to amend Delegated Regulation 2017/653 to apply from 1 January 2023. The ESAs have highlighted the announcement to stakeholders.
    Support Information
    Show more Show less
  • EC: Speeches by Mairead McGuinness

    24/06/2022
    The EC has published the text of Mairead McGuinness’s speech of 21 June 2022 at an EIOPA conference and of 23... June 2022 on the Banking Union. Topics discussed on 21 June include: Solvency II; IORPs; third country central clearing.
    Support Information
    Show more Show less