On 28 November 2022, the European Commission (Commission) Platform on Sustainable Finance Technical Working Group published a report on supplementary methodology and technical screening criteria.
The report is a supplement to the recommendations published by the Platform on sustainable finance in March 2022 and should be read in that context.
The recommendations and
On 28 November 2022, the European Securities and Markets Authority (ESMA) published a final report on the review of the regulatory technical standards (RTS) on the form and content of an application for recognition under the Benchmarks Regulation.
Under Delegated Regulation (EU) 2018/1645, an application for recognition of a third country
On 28 November 2022, the House of Commons published an Amendment paper to the Financial Services and Markets Bill.
The paper notes the report stage being 28 November 2022. The paper lists all amendments tabled to the Bill. Any withdrawn amendments are listed at the end of the document. The amendments are arranged in the
On 25 November 2022, the FCA published Handbook Notice No 104.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA on 28 October 2022 and 24 November 2022. Where relevant, it also refers to the development stages of that material, enabling readers to look back at
On 25 November 2022, the Bank of England (BoE) published Policy Statements regarding its fees regimes for:
Currently, incoming CCPs can provide services in the UK under a temporary recognition regime. By the time this expires, incoming CCPs will need
On 25 November 2022, the European Securities and Markets Authority (ESMA) published updated Q&As on:
On 24 November 2022, the House of Commons’ Treasury Committee published correspondence confirming the Government will not proceed with the proposed intervention power in the Financial Services and Markets Bill. The proposed power would have enabled the Government to make, amend or revoke regulators’ rules. The Government adds that it will keep the matter under
On 24 November 2022, the Bank for International Settlements (BIS) published a newsletter on bank exposures to non-bank financial intermediaries.
The newsletter highlights the following:
On 25 November 2022, the UK and Singapore reached an agreement on a new Memorandum of Understanding (MoU) boosting FinTech trade and cooperation at the seventh UK-Singapore Financial Dialogue in Singapore.
The UK and Singapore have agreed on a MoU on the UK-Singapore FinTech Bridge. The FinTech Bridge seeks to support continued growth
On 24 November 2022, the European Commission published a Commission Delegated Regulation supplementing the Capital Requirements Regulation (CRR) with regard to regulatory technical standards (RTS) of the calculation of risk-weighted exposure amounts of collective investment undertakings (CIUs) under the mandate-based approach.
The provisions in the Commission Delegated Regulation specify