Our new governance and conduct video series will see our Regulatory Compliance Consulting team explore some of the key areas firms must consider to ensure effective and efficient governance and control frameworks.
In the first video, John Davison, Head of Regulatory Compliance Consulting, and Alina Rotari, Compliance Executive, give their views on the 5 key
On 22 October 2018, HM Treasury published a draft of The Over the Counter Derivatives, CCPs and Trade Repositories (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018 (the draft Regulations) together with an explanatory memorandum.
The draft Regulations form part of a series of draft statutory instruments that HM Treasury is publishing as part
On 22 October 2018, HM Treasury published a draft of The Central Securities Depositories (Amendment) (EU Exit) Regulations 2018 (the draft Regulations) together with an explanatory memorandum.
The draft Regulations form part of a series of draft statutory instruments that HM Treasury is publishing as part of its contingency planning for a no-deal Brexit. The
On 22 October 2018, HM Treasury published explanatory information on the draft Financial Conglomerates and Other Financial Groups (Amendment) (EU Exit) Regulations 2018 (the draft Regulations).
The draft Regulations will form part of a series of draft statutory instruments that HM Treasury is publishing as part of its contingency planning for a no-deal Brexit. The
On 22 October 2018, HM Treasury published explanatory information on the draft Ring-fenced Bodies (Amendment) (EU Exit) Regulations 2018 (the draft Regulations)
The draft Regulations will form part of a series of draft statutory instruments that HM Treasury is publishing as part of its contingency planning for a no-deal Brexit. The statutory instruments are made
On 22 October 2018, the FCA published Evaluation Paper 18/2: the impact of bringing additional benchmarks into the regulatory and supervisory regime (EP18/2). EP18/2 examines the impact of the Benchmarks (Amendment) Instrument 2015 (Benchmarks Instrument), which brought in additional benchmarks into the regulatory and supervisory regime. Seven benchmarks were introduced in 2015 following recommendations from
On 22 October 2018, the PRA published Occasional Consultation Paper 24/18 (CP24/18). In CP24/18 the PRA sets out proposed miscellaneous amendments to its Rulebook, Supervisory Statements, Statements of Policy and forms.
CP24/18 is divided into six chapters covering separate areas of proposals:
On 22 October 2018, the Payment Systems Regulator (PSR) published Specific Direction 8 requiring the adoption of appropriate policies and measures and reporting obligations regarding protected ATMs (LINK) (the Direction).
The Direction offers clarity and guidance to operators of LINK on:
On 19 October 2018, the European Securities and Markets Authority (ESMA) published its Securities and Markets Stakeholder Group (the Stakeholders) own initiative report on initial coin offerings (ICOs) and crypto-assets. The report has been produced by the Stakeholders to advise ESMA on steps it can take to manage the risks of ICOs and crypto-assets on
On 22 October 2018, there was published in the Official Journal of the European Union (OJ) Commission Implementing Regulation (EU) 2018/1580 of 19 October 2018 amending Implementing Regulation (EU) 2015/2197 laying down implementing technical standards with regard to closely correlated currencies in accordance with the Capital Requirements Regulation. The Implementing Regulation was adopted by the