Legal News

UK banks and insurers brace for busy regulatory year in 2019

Published on: 02 January 2019
Published by a Law360 reporter

Table of contents

  • Consolidation of European regulation
  • Tougher regulation for virtual currencies
  • The beginning of the end for LIBOR
  • New accountability for asset managers and pension funds
  • The last word on PPI?
  • Insurers face regulatory overhaul to prevent misselling
  • Brexit beckons across the sector

Article summary

Law360, London: The UK’s financial services face a regulatory reckoning on Brexit in 2019, as well as a shift away from the long-standing London interbank offered rate (LIBOR) benchmark and a deadline for payment protection insurance complaints that have cost banks billions of pounds in compensation.

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