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Showing 1 - 10 of 1108 matches for search 'brexit'

  • PRA: CP16/21: Insurance business transfers

    28/07/2021
    PRA has set out proposed updates to its approach to insurance business transfers, to reflect legislative changes following Brexit and the... completion of the transition period. It also provides additional guidance for independent experts and firms on the regulator’s expectations. Responses are required by 28 October 2021.
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  • FCA: Consultation on post-Brexit divergence for PRIIPS regulation

    20/07/2021
    The FCA has set out proposals to change disclosure documents provided to retail investors under the Packaged Retail and Insurance-based Investment... Products (PRIIPs) regulation. Comments can be made on CP21/23 until 30 September 2021.
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  • FCA: Business Plan 2021/22

    15/07/2021
    The Business Plan sets out the key areas of focus for the FCA in the coming year. These include: financial... promotions; the new consumer duty; pensions advice; action on scams; LIBOR transition; post-Brexit developments and ESG. FCA has also announced that it will begin a review of aspects of the rules on the scope and coverage of FSCS payouts for specific regulated activities and will be consulting on changes to the RDC’s role with the aim of streamlining decision making on authorisation applications and specific supervisory and enforcement decisions.
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  • FCA: GC 21/3: Proposed changes to guidance on the FCA’s approach to the review of Part VII insurance business transfers

    08/07/2021
    FCA is consulting on amendments to FG18/4, noting how the regulatory landscape has changed following Brexit and further to the regulator’s... on a diverse range of Part VII transfers and feedback from stakeholders. FCA notes that it will not always insist that the approach set out in this guidance is the approach that must be used for a particular transfer, but that it expects firms proposing a Part VII transfer to explain why they are diverging from this guidance, where this is relevant to a particular Part VII transfer. Responses are required by 31 August 2021.
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  • TSC: The future regulatory framework of financial services

    06/07/2021
    In this report, TSC considers the future of financial services following the Brexit transition period and examines how financial regulations should... be set and scrutinised by Parliament. It discusses the ownership of financial regulation; regulatory independence; activity based principles; FOS, and Parliamentary scrutiny.
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  • EC: Speech by Mairead McGuinness: The EU's financial services strategy

    23/06/2021
    Text of Mairead McGuinness’ speech of 22 June 2021 follows in which she discusses the EU’s priorities, which include completing the... CMU, supervisory convergence and sustainable finance. She also discusses the post-Brexit environment with regard to financial services, stating “once the MoU is formally concluded, we will have to consider whether we can resume our financial services equivalence assessments. When we do resume our assessments, we would do so gradually, and on a case-by-case basis, taking into account the UK’s regulatory intentions and of course the EU’s interest”.
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  • FCA: Speech by Nikhil Rathi: Building a regulatory environment for the future

    22/06/2021
    Text of Nikhil Rathi’s speech of 22 June 2021 follows, in which he discusses post-Brexit regulation in the UK and FCA’s... part in international regulatory discussions.
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  • EC: Speech by Maroš Šefčovič

    21/06/2021
    Text of Maroš Šefčovič’s speech of 18 June 2021 on the impact of Brexit follows..
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  • EC: Speech by Mairead McGuinness

    15/06/2021
    Text of Mairead McGuinness’ speech of 15 June 2021 on the impact of Brexit follows.
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  • PRA: Business Plan 2021/22

    24/05/2021
    The Business Plan sets out PRA’s plans for each of its strategic goals to support the delivery of its strategy. These... goals relate, amongst other matters, to robust prudential standards and supervision; financial and operational resilience; Brexit; competition; and recovery and resolution. The Plan also details some of the highest-level actions to mitigate the impact of Covid-19 on PRA-regulated firms, and on the UK economy.
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