Gold is a commodity like no other. With its monetary function, gold is commonly used as an alternative to foreign exchange (FX) and performs the role of a “safe harbour” asset for professional and retail investors to hedge against uncertainty and volatility in the markets. Gold’s role in the heavily regulated financial markets
On 28 May 2025, the Council of the EU published the text of the draft Regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards requirements for securities financing transactions under the net stable funding ratio. The draft Regulation enters into force on the day following its publication in
The Managed Funds Association urged the SEC and the CFTC to further delay the compliance date on new requirements to private fund reporting, citing operational burdens and ongoing regulatory changes.
The full update can be found here on our US Regulatory Intelligence platform.
On 29 May 2025, the Financial Conduct Authority (FCA) issued a press release stating that it is reviewing and updating the requirements, directions and limitations applied to over 9,000 firms.
This action follows a review the FCA has taken to check that the data it holds on firms is accurate and that it
In the latest of our Risks Redefined podcast series, Janna Garcia, Katie Stephen, Stuart Neely and Hannah McAslan-Schaaf focus on failure to prevent fraud risk assessments, including discussion of what firms should be thinking about in this area and what we have been seeing through our work supporting firms in relation to the new offence.
On 29 May 2025, HM Treasury (HMT), the Department for Work and Pensions (DWP) and the Ministry of Housing, Communities and Local Government published their final report on the Pensions Investment Review, along with related consultation responses.
Background
The Pensions Investment Review was launched by the Chancellor of the Exchequer on
On 29 May 2025, the Financial Conduct Authority (FCA) published a statement responding to the Government’s final report on its Pension Investment Review.
In the statement, the FCA flags the importance of ensuring consumers get good value from their pension savings and notes that this has been a central part of its work
On 28 May 2025, the International Regulatory Strategy Group (IRSG) published a letter to HM Treasury (HMT) regarding the draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025 (draft SI).
In the letter, the IRSG notes that it supports HMT’s aim of creating
On 28 May 2025, the Financial Conduct Authority (FCA) published two further consultation papers (CPs) on cryptoasset regulation – CP25/14 on stablecoin issuance and cryptoasset custody and CP25/15 on a proposed prudential regime for cryptoasset firms.
Background
The Government plans to create a UK financial services regulatory regime for cryptoassets