April 2022

On 28 April 2022, the International Organization of Securities Commissions (IOSCO) published a report setting out some issues and considerations for regulators when reviewing the regulation of market data.

The report provides feedback on IOSCO’s earlier consultation report ‘Market Data in the Secondary Equity Market’ and offers the following considerations that regulators may find helpful

On 28 April 2022, the Financial Conduct Authority (FCA) published Consultation Paper 22/08: Protecting investors in authorised funds following the Russian invasion of Ukraine (CP22/08).

The FCA has published CP22/08 in light of the significant impact that Russia’s invasion of Ukraine is having on financial markets. Many investments have been affected both by the events

On 28 April 2022, the Prudential Regulation Authority (PRA) published a speech by David Bailey (Executive Director, UK Deposit Takers Supervision) entitled ‘Operational Resilience: Next steps on the PRA’s supervisory roadmap’.

In his speech Mr Bailey focuses on operational resilience which is one of the PRA’s highest supervisory priorities at the moment. It

On 27 April 2022, there was published on the legislation.gov.uk website The Russia (Sanctions) (EU Exit) (Amendment) (No. 9) Regulations 2022.

These Regulations amend the Russia (Sanctions) (EU Exit) Regulations 2019 (the 2019 Regulations) by adding new trade sanctions to Part 5 (Trade). These amendments will introduce new trade sanctions measures relating to

On 27 April 2022, the FCA published its latest newsletter on the Investment Firm Prudential Regime (IFPR).

In this newsletter the FCA covers reporting queries focussing on:

  • MIF001
  • MIF002
  • MIF003
  • MIF001 to 4 – consolidated returns
  • MIF001 and 002 – certain rows when reporting on a consolidated basis
  • MIF006 scheduling
  • Other scheduling issues.


On 28 April 2022, the House of Commons’ Treasury Committee published the responses from the Government, FCA and Payment Systems Regulator to its report on Economic Crime.

In its report the Treasury Committee urged the Government to legislate against online fraudulent adverts and seriously consider whether online giants should reimburse those who fall victim to

On 28 April 2022, there was published in the Official Journal of the EU the Recommendation of the European Systemic Risk Board (ESRB) of 16 February 2022 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macro-prudential policy measures.

The framework on voluntary reciprocity for macro-prudential policy measures set out

Each year the Dutch Central Bank (De Nederlandsche Bank, DNB) investigates the inherent integrity risks of money laundering, financing of terrorism and corruption faced by financial institutions, as well as the measures taken by financial institutions to mitigate such risks. For this purpose, DNB has been requesting financial institutions to complete its