FSR and Corporate Crime Notes

First steps taken on new UK prudential regime for investment firms

Megan Butler on the FCA’s response to Covid-19 and expectations for 2020

The month ahead in financial services regulatory developments…

FCA publishes its Business Plan for 2020/21

ESMA proposes changes to MiFID II inducements and costs and charges disclosure regimes

On 1 April 2019 the European Securities and Markets Authority (ESMA) published its final report to the European Commission (EC) setting out its technical …

The month ahead in financial services regulatory developments…

HKMA publishes supervisory expectations and sound practices relating to algo trading following thematic examinations

On 6 March 2020, the HKMA issued a circular setting out its expectations on risk management for algorithmic (algo) trading, as well as sound practices …

Budget commitment to implement Basel standards and updated investment firms prudential regime

The Chancellor of the Exchequer delivered the 2020 Budget to Parliament on 11 March 2020. This includes a package of related policy documents, many of …

FCA highlights its areas of concern in financial services markets in Sector Views 2020

LIBOR transition: FCA sets out its expectations for asset managers

The FCA has set out its expectations for asset management firms in a recent ‘Dear CEO’ letter (the Letter), confirming that such firms should be taking …

UK and EU set out their stalls on equivalence and the future trade deal (or no deal…?)

On 26 February 2020, the UK Government published its approach to UK's future relationship with the EU. The sections on financial services in the UK's …

The month ahead in financial services regulatory developments…