On 17 March 2025, the European Parliament’s Economic and Monetary Affairs Committee published a draft report (dated 12 March 2025) on facilitating the financing of investments and reforms to boost European competitiveness and creating a Capital Markets Union (Draghi Report).
Among other things the draft report supports the integration of institutional frameworks and
On 17 March 2025, the European Securities and Markets Authority (ESMA) published a statement (dated 14 March 2025) on the treatment of settlement fails with respect to the penalty mechanism under the Central Securities Depositories Regulation (CSDR), following the major incident that affected T2S and T2 on 27 February 2025.
On
On 17 March 2025, the European Securities and Markets Authority (ESMA) announced that it was prolonging the tiering determination decisions and recognition decisions for the three UK central counterparties (CCPs) that were adopted by the European Supervisory Authority on 25 September 2020. The application of the tiering determination decisions and recognition
On 17 March 2025, the European Banking Authority (EBA) published a Final Report contains draft implementing technical standards (ITS) amending Implementing Regulation (EU) 2016/100 laying down ITS specifying the joint decision process with regard to the application for certain prudential permissions pursuant to the Capital Requirements Regulation (CRR).
The
On 17 March 2025, UK Finance published its Plan for Growth, which it submitted to the Government earlier in the month.
Background
UK Finance flags the importance of financial services to the domestic economy, noting that the UK is the largest net exporter of financial services globally. It explains that the current discussion about
On 17 March 2025, HM Treasury (HMT) published an action plan setting out its new approach to ensure regulators and regulation support growth.
Background
HMT begins the action plan by highlighting the importance of regulation, which “underpins and impacts almost all areas of the UK economy”. It warns that the current regulatory
On 13 March 2024, there was published on legislation.gov.uk, The Economic Crime and Corporate Transparency Act 2023 (Commencement No 4) Regulations 2025.
These Regulations are the fourth commencement regulations made under the Economic Crime and Corporate Transparency Act 2023 (the Act).
Regulation 2 commences certain provisions in Parts 1 and 2 of the
On 14 March 2025, the FCA published Primary Market Bulletin (No 54) which includes commentary on strategic leaks and unlawful disclosure, enhancing the National Storage Mechanism and the recent Quarterly Consultation Paper (CP25/4).
On 28 February 2025, the Financial Conduct Authority (FCA) issued Handbook Notice 127.
Given that Handbook Notices are fairly routine in the sense that they refer to Policy Statements that have already been published together or contain miscellaneous amendments to the Handbook they can easily be overlooked. But on this occasion, Handbook