UK, EU and international regulators and bodies

UK, EU and international regulators and bodies guidance:

Introduction to bringing an appeal against an ESA decision The three European Supervisory Authorities (ESAs)—the European Securities and Markets Authority (ESMA), the...

Practice Note

The work and foundations of BIS The Bank for International Settlements (BIS) assists central banks in relation to monetary and financial stability. Its head office is in...

Practice Note

The work and foundations of the Committee on Payments and Market Infrastructures (CPMI) The Committee on Payments and Market Infrastructures (CPMI) is a forum housed...

Practice Note

This Practice Note looks at key aspects of consumer protection within the UK financial services regulatory system. The UK’s regulatory structure, combined with...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

Starting the process of translating policy to legislation At the European level, the development and enforcement of rules by supra-national bodies is governed by the...

Practice Note

This Practice Note looks at the European System of Financial Supervision (ESFS) and micro-prudential supervision on an EU level. It should be read in conjunction with...

Practice Note

The enforcement powers of the FCA The FCA is responsible for the regulation of conduct across the financial services sector, in firms and markets of all sizes and in all...

Practice Note

On 1 April 2013 the Financial Services Authority (FSA) Handbook was split between the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to...

Practice Note

Who can issue individual guidance? The FCA has a power to issue individual guidance. The PRA was not given equivalent statutory powers in Part 9A of FSMA 2000, however,...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

FCA and corporate governance Under the Financial Services and Markets Act 2000 (FSMA 2000) the FCA acquired responsibility for a broad and diverse range of regulated...

Practice Note

This Practice Note introduces the Financial Action Task Force (FATF) and its work in relation to setting standards and promoting adoption and use of legal, regulatory and...

Practice Note

Why are the FCA's functions relevant? BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal...

Practice Note

The role of the FCA The Financial Conduct Authority (FCA) forms part of the regulatory structure for financial services firms. The FCA has a wide-ranging brief to: •...

Practice Note

The FCA's powers as part of the new regulatory arrangements BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with...

Practice Note

This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial Conduct Authority (FCA). The Principles form part of the FCA’s High Level...

Practice Note

What legislation forms the FCA? BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the...

Practice Note

Background to the Financial Policy Committee The Financial Policy Committee (FPC) was formally initiated from 1 April 2013, in accordance with provisions in the Financial...

Practice Note

The Financial Services Act 2012 (FSA 2012) received Royal Assent on 19 December 2012 and went into effect on 1 April 2013. The Act replaced the Financial Services...

Practice Note

Established in April 2009 at the G20 summit in London, the Financial Stability Board (FSB) is the successor to the Financial Stability Forum (FSF). The FSB was created...

Practice Note

Non-bank credit intermediation and financial stability The shadow banking system is a form of credit intermediation involving entities and activities outside the regular...

Practice Note

The Financial Stability Board (FSB) was established to co-ordinate elements of international work towards the implementation of effective regulatory, supervisory and...

Practice Note

What is G-20? G-20, or the Group of Twenty, is a supra-national forum for international co-operation in relation to economics and finance. It is formed from 19 country...

Practice Note

ESMA is an independent European Union Authority established on 1 January 2011 to replace and continue the work of the Committee of European Securities Regulators (CESR)...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note