On 30 January 2024, the Amendment Decree Financial Markets 2023 (Wijzigingsbesluit financiële markten 2023) (the 2023 Decree) was published in the Dutch Government Gazette.
The 2023 Decree contains changes to legislation relevant to the Dutch financial markets, including, but not limited to the Decree on Conduct of Business Supervision of Financial Undertakings
On 31 January 2024, the European Securities and Markets Authority (ESMA) published a report covering two topics: the cross border provision of services and the handling of passporting requests over three years (2020, 2021 and 2022). The report was published pursuant to Article 74(1) of the Central Securities Depositories Regulation which requires ESMA
On 31 January 2024, the Prudential Regulation Authority (PRA) published Consultation Paper CP3/24 setting out its proposal for a new statement of policy (SoP) that will outline the PRA’s approach to the granting of rule permissions made under Section 138BA of the Financial Services and Markets Act (FSMA)
On 31 January 2024, a statutory instrument (SI) – the Public Offers and Admissions to Trading Regulations 2024 – was published on legislation.gov.uk, along with an explanatory memorandum.
The SI, which is part of HM Treasury’s programme to deliver a Smarter Regulatory Framework for financial services, replaces the Prospectus Regulation and creates
On 31 January 2024, a statutory instrument (SI) – the Data Reporting Services Regulations 2024 – was published on legislation.gov.uk, along with an explanatory memorandum.
The SI, which is part of HM Treasury’s programme to deliver a Smarter Regulatory Framework for financial services, establishes a new legislative framework for the regulation of
On 31 January 2024, a draft statutory instrument (SI) – the Financial Services Act 2021 (Overseas Funds Regime and Recognition of Parts of Schemes) (Amendment and Modification) Regulations 2024 – was published on legislation.gov.uk, along with a draft explanatory memorandum.
The draft SI is intended to support the operationalisation of the Overseas
On 30 January 2024, the FCA published Market Watch 76.
In this edition of Market Watch, the FCA shares its observations about ‘flying’ and ‘printing’, and how firms can mitigate the risks of misleading the market by their staff engaging in such behaviours.
‘Flying’ and ‘printing’
As the FCA had previously explained in Market Watch
On 30 January 2024, the Economic Secretary to the Treasury, Bim Afolami, announced in a statement to the House of Commons that HM Treasury (HMT) has reached a decision regarding the equivalence assessment for EEA states under the UK’s Overseas Funds Regime (OFR).
The Government legislated in the Financial Services Act
On 30 January 2024, the European Parliament issued a press release stating that the Economic and Monetary Affairs Committee had voted to approve the text of the proposed Regulation amending Regulations (EU) No 1092/2010, (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2021/523 as regards certain reporting requirements in the fields of
On 30 January 2024, the European Central Bank (ECB) announced that it was expanding its work on climate change.
In its new climate and nature plan 2024 – 2025 the ECB reaffirms its commitment to addressing the climate crisis within its mandate. It will continue to carry out and expand its ongoing climate-related