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NEWS
This week's edition of Financial Services weekly highlights includes: UK Finance report calls on tech and telecoms firms to help fight fraud; MiFIR: Regulation on the suspension of the trading obligation for derivatives published in the OJ; ISDA paper examines digital assets and derivatives; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA speech by its joint executive director of enforcement and market oversight, Steve Smart, outlining strategy to tackle financial crime; ECB’s consultation on harmonised supervisory approach to legacy NPEs at small banks; European Parliament’s adoption of its first reading position on a proposal to amend Regulation (EU) 909/2014 to shorten the securities settlement cycle from two business days (T+2) to one business day (T+1); plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA publishes five portfolio strategy letters; ESAs publish report on 2024 dry run exercise for DORA reporting; Cross-border payments: FSB issues recommendations on frictions in data flows and consistency in regulation between bank and non-bank PSPs; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: PRA and FCA launch securitisation consultations; ESAs publish Opinions on EFRAG’s revisions to the European Sustainability Reporting Standards; FMSB publishes paper on AI in trading; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes the government’s call for UK regulators to prioritise growth and the implications, particularly for enforcement; the FCA’s commitment to conduct a ‘lessons learned’ review following its controversial ‘name and shame’ proposals; the Upper Tribunal’s decision in the case of Craig Donaldson and David Arden; the EBA’s consultation on CRDIV draft RTS for acquisitions in credit institutions; ESMA’s finalised advice on prospectus streamlining and liability framework and the approval by the FATF plenary of revised standards on payment transparency and guidance on financial inclusion and RBA.
NEWS
This week's edition of Financial Services weekly highlights includes: New FCA, PRA and BoE regimes for operational incident and third-party reporting; ESMA publishes liquidity management guidelines for UCITS and open-ended AIFs; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: PRA publishes near-final Basel 3.1 standards and related prudential consultations and statements; FCA’s Andrea Bowe discusses fraud strategy and tactics; BIS to explore how tokenisation can enhance wholesale cross-border payments; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FOS publishes plans and budget for 2026/27, as award limits rise; ESMA calls on firms to prepare for consolidated tapes go-live; WFE sets out areas of focus for 2026; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA consults on Consumer Duty application clarifications; ESAs launch consultations and discussion paper on EU Taxonomy disclosures; FATF report highlights online terrorist financing risks; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA responds to HoL Committee query about naming firms subject to enforcement investigations; FCA and HMT publish joint roadmap on implementing the Overseas Funds regime; Treasury Committee questions PSR on its card scheme review and enforcement powers; European Parliament adopts CRD IV, CRR III, and final elements of ML/TF package, final elements of ML/TF package, plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA speech outlines regulatory priorities for 2025; SRB publishes operational guidance on bank resolvability testing framework; EU leans on 11 countries to implement new AML rules; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA bans and fines former Blue Horizon Asset Management executives for dishonesty in attempted acquisitions; Commission declines to endorse EBA RTS on applications for prior permission to reduce own funds and eligible liabilities instruments; plus dates for your diary.