Monthly Highlights- Expectations for Financial Services August 2014

Monthly Highlights- Expectations for Financial Services August 2014

The significant regulatory developments and events to look out for in August include:

  • Published in June 2014, the Prudential Regulation Authority's (PRA) annual report stated that it would publish
    a number of consultation papers between June 2014 and August 2014. Those consultation papers which have not yet been published and which should be published in August include:aug
  1. transposition of the Solvency II Directive (Directive (2009/138/EC))
  2. liquidity coverage requirement (LCR), presumably following on from the European Commission's delegated Regulation on the LCR, and
  3. new senior managers regime, which derives from r

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