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NEWS
This week's edition of Financial Services weekly highlights includes: FCA publishes findings from review of outcomes monitoring; DGSD3: EBA consults on strengthening depositor protection; ISDA asks BCBS for clarification of risk mitigation accounting model; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: FOS consults on charging CMCs to lodge a case; the FSCS cuts 2024/25 levy forecast to £265m; FCA fines HSBC £6.2m over treatment of customers in financial difficulty; ESMA issues statement of good practice on pre-close calls; Council of the EU adopts Corporate Sustainability Due Diligence Directive; the PSR updates card-acquiring services directions, plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA welcomes government legislation bringing ESG ratings providers into regulation; FCA restricts Currency Matters over safeguarding, governance and capital failings; ECB outlines drive to simplify supervision and clarify regulatory expectations for banks; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: a News Analysis on proposals and next steps on the reform of the SM&CR, the PRA's reissue of 2024 O-SII buffer rates following the FPC framework update, and a judgment alert in the case of AXA France Iard S.A. v Santander Cards UK Ltd; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: Autumn Budget 2024—key Financial Services announcements; EBA launches survey for entities in scope of initial margin model authorisation under EMIR 3; FATF issues call for action on high-risk jurisdictions; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: BoE consults on proposed enforcement changes following FSMA 2023; ESMA publishes consultation on possible amendments to CRAR Framework; Economic Crime and Corporate Transparency Act 2023 (Financial Penalty) Regulations 2024 and AML/CFT: Wolfsberg Group updates principles for auditing financial crime risk management, plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA to lift pause on motor finance complaints in May 2026; EBA consults on prudential requirements for CSDs; BCBS finds UK ‘largely compliant’ with NSFR and large exposures framework implementation; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA publishes final regulatory fee and levy rates for 2024/25; FATF consults on updated national ML/TF risk assessment guidance; UNEP FI, Climate Bonds Initiative and PRI collaborate on taxonomy interoperability; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA warns football clubs over sponsorship deals with unauthorised financial firms; ESAs publish overview of major ICT-related incidents in the EU financial sector; ICMA makes recommendations to strengthen gilt repo market resilience; plus dates for your diary.
NEWS
This week's edition of Financial Services weekly highlights includes: HMTs policy paper with BoE and PRA on financial crisis management MoU; an expert News Analysis on Fraud law putting fund managers under compliance spotlight; Council of the EU’s proposal on amendments to several investment regulations to boost guarantee efficiency and simplify reporting; FATF’s toolkit and guidance to support national money laundering risk assessments; plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA’s consultation on enforcement transparency proposals, information on BoE’s first system-wide stress test, EIOPA’s second round of consultations on Solvency II review implementation, plus dates for your diary over the coming week.
NEWS
This week's edition of Financial Services weekly highlights includes: FCA and SRA issue warning to CMCs and law firms over motor finance commission claims; Commission consults on exempting certain spot FX benchmarks from the BMR; FSB report warns of vulnerabilities in government bond-backed repo markets; plus dates for your diary.