In the latest edition of our Global Regulation Tomorrow Plus podcast series, Matthew Gregory and Simon Lovegrove discuss recent developments regarding vulnerable customers including the FCA’s multi-firm reviews on vulnerability and how retail banks and building societies approach customers in vulnerable circumstances that involve bereavement and power of attorney.
Listen to the episode here.
ASIC’s open letter dated 29 January 2025 and the potential application of the Scams Prevention Framework to the superannuation industry highlight the need for trustees to adopt a proactive and integrated approach to managing scams. Our new online briefing note explores how superannuation trustees can enhance their scams prevention strategies by leveraging existing efforts to
On 27 May 2025, the Financial Markets Law Committee (FMLC) published a letter to HM Treasury regarding the draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025 (draft SI).
In the letter, the FMLC welcomes HMT’s publication of the draft SI, calling it “a
In the latest edition of our podcast series, Split the Difference, Jonathan Herbst, Hannah Meakin, Anna Carrier and Simon Lovegrove cover the draft UK legislation for regulating cryptoassets and recent FCA discussion paper and compare it with the EU Regulation on markets in cryptoassets regulation.
Listen to the episode here.
On 26 May 2025, there was published in the Official Journal of the EU, a Corrigendum to Regulation (EU) 2024/2987 of the European Parliament and of the Council of 27 November 2024 amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and
On 26 May 2025, the International Organization of Securities Commissions (IOSCO) published a final report on revisions to its 2018 Recommendations for Liquidity Risk Management for Collective Investment Schemes. Overall, IOSCO is publishing a total of 17 recommendations under a revised structure with six sections, namely the CIS Design Process, Liquidity Management
On 22 May 2025, the European Parliament published a legislative resolution it had adopted for a proposed Regulation amending the Capital Requirements Regulation as regards requirements for securities financing transactions under the net stable funding ratio. Previously, the European Commission published its legislative proposal for the amending Regulation in March 2025. The Council adopted its
On 23 May 2025, the Credit Information Market Interim Working Group (IWG) published a report in response to the Financial Conduct Authority’s (FCA) Credit Information Market Study final report, which sought enhancements to the industry’s governance model. The report sets out recommendations for the design and operations of the new governance
On 23 May 2025, the Financial Conduct Authority (FCA) published Handbook Notice 130.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under their legislative and other statutory powers on 1 May and 22 May 2025.
On 1 May 2025, the FCA Board
At the 12th Annual Conference on Financial Market Regulation, SEC Chair Paul Atkins and Commissioner Hester M. Peirce stressed the importance of economic analysis in shaping regulatory policy and cautioned against regulatory overreach that could harm US capital markets.
The full update can be found here on our US Regulatory Intelligence platform.