In the latest episode of our podcast series, Let’s talk asset management, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the Financial Conduct Authority’s findings following a review of business models for smaller asset managers and alternatives.
Listen to our podcast here.
On 31 July 2025, the Home Office updated its guidance on the exemptions from the money laundering obligations and money laundering reporting obligations in the Proceeds of Crime Act 2002 (POCA).
The purpose of the guidance is to set out the government position on exemptions relating to the money laundering obligations in the
On 31 July 2025, the European Banking Authority (EBA) issued a consultation paper containing draft implementing technical standards (ITS) for the supervisory reporting of third-country branches (TCBs) under the Capital Requirements Directive (as amended).
Background
The Capital Requirements Directive VI (CRD VI) introduces a new framework for
On 30 July 2025, the European Commission (Commission) adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs).
On 26 February 2025, the Commission adopted the Omnibus I simplification package which proposed to limit mandatory sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) to large
On 31 July 2025, the Solicitors Regulation Authority (SRA) issued a press release in which both it and the Financial Conduct Authority (FCA) warn law firms and claims management companies (CMCs) to make sure that they are complying with rules around how motor finance commission claims should be handled.
On 31 July 2025, the Prudential Regulation Authority (PRA) published Discussion Paper 1/25 – Residential mortgages: Loss given default and probability of default estimation (DP1/25).
Purpose
The purpose of DP1/25 is to open a discussion with industry on how to make it easier for mid-sized firms to compete in the residential
On 24 July 2025, the Australian Securities and Investments Commission (ASIC) issued a media release stating that the Full Court of the Federal Court had dismissed its appeal in the Finder Wallet case relating to a crypto-asset related product Finder Earn. The ruling upheld the original decision of the Federal Court, which found
On 30 July 2025, the Prudential Regulation Authority (PRA) updated its webpage on Consultation Paper 12/25 – Pillar 2A review – Phase 1.
The update provides that the PRA has extended the deadline for responses to CP12/25 from 5 September 2025 to 30 September 2025. It has also extended the implementation date
On 30 July 2025, the Prudential Regulation Authority (PRA) published Consultation Paper 19/25 – CRR Definitions: restatement in PRA Rulebook (CP19/25).
Background
Articles 4, 4a, 4b, and 5 of the UK Capital Requirements Regulation (UK CRR) set out the definitions for key terms used in the UK CRR relating