The Global Financial Markets Association (GFMA) has published a letter addressed to the European Commission and the European Securities and Markets Authority (ESMA) on the consistent regulatory treatment for incidental foreign exchange (FX) transactions related to foreign securities settlement (FX security conversions).
March 2014
New mortgage product sales data requirements FAQs
On 1 January 2015, the FCA is introducing new rules on mortgage data reporting. The new rules include changes to Product Sales Data (PSD) for mortgages.
FCA Handbook Notice 10
The FCA has published its latest Handbook Notice (10).
Application periods – Direction to firms
The FCA has issued a direction to consumer credit firms with interim permission.
T2S Guide for Payment Banks
The European Central Bank (ECB) has published a TARGET2-Securities (T2S) guide for payment banks.
EBA publishes final draft technical standards on additional outflows
The European Banking Authority (EBA) has published final draft regulatory technical standards (RTS) on additional collateral outflows.
EBA publishes final draft technical standards on liquidity requirements
The European Banking Authority (EBA) has published final draft implementing and regulatory technical standards (ITS and RTS) related to liquidity requirements. The ITS and RTS are:
FOS plans and budget for 2014/15
The Financial Ombudsman Service (FOS) has issued a press release stating that its plans and budget for 2014/15 have been approved by the FCA.
ESMA opinion on structured retail products – good practices for product governance arrangements
The European Securities and Markets Authority (ESMA) has published an opinion on certain aspects linked to the manufacturing and distribution of structured retail products.
Handbook Release 147
The FCA has published its latest Handbook Release (no. 147).