FS weekly highlights—12 March 2020

FS weekly highlights—12 March 2020

In this issue

 

 

COVID-19
Brexit news
MiFID II
UK, EU and international regulators and bodies
Authorisation, approval and supervision
Prudential requirements
Financial stability, recovery and resolution
Risk management and controls
Consumer protection
Financial crime
Complaints, compensation and claims management
Investigations, enforcement and discipline
Competition in financial services
Markets and trading
Regulation of capital markets
Investment funds and asset management
Banks and mutuals
Consumer credit, mortgage and home finance
Regulation of insurance
Regulation of personal pension and stakeholder products
Payment services and systems
Fintech and cryptoassets
Sustainable finance
Dates for your diary

 

COVID-19

EU and UK organisations issue coronavirus advice, travel rules and support

A number of EU and UK financial authorities issued updates in response to the coronavirus epidemic. The European Banking Authority (EBA) cancelled travel and live meetings. The UK Financial Ombudsman published preliminary guidance to consumers on their rights related to cancellations etc, while UK Finance issued a statement saying UK banks, building societies and credit card providers are ‘ready and able to offer support’ to their customers who are financially impacted

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About the author:
Prior to joining LexisNexis in 2016 as a paralegal, Lauren was an adjudicator at the Financial Ombudsman Service. There she resolved consumers’ complaints, and gained knowledge about a wide variety of financial products. Before this she studied Law at Nottingham Trent University.