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In our latest Global Regulation Tomorrow Plus podcast we focus on the FCA’s finalised guidance on the new anti-greenwashing rule. We consider the scope of the new rule, the key differences between the finalised guidance and that consulted on, some “dos and don’ts” for firms and then finally a few words on a new anti-greenwashing

On 24 May 2024, the Financial Conduct Authority (FCA) published Handbook Notice No 119, which describes the changes made to the FCA Handbook by the Executive Regulation and Policy Committee and the FCA Board under their legislative and other statutory powers.

Securitisation (Smarter Regulatory Framework and Consequential Amendments) Instrument 2024

In summary

On 24 May 2024, the Council of the EU announced that it had formally adopted the Corporate Sustainability Due Diligence Directive. After being signed by the President of the European Parliament and the President of the Council, the directive will be published in the Official Journal of the European Union and will enter into force

On 24 May 2024, the European Banking Authority (EBA) issued a report on virtual IBANs (vIBANs).

IBANs are commonly used as payment account identifiers across the EU. More generally, IBANs are mandated in some 60 jurisdictions in the world, with over 20 jurisdictions recommending its use for cross-border payments. The new

On 24 May 2024, there was published a joint statementbetween HM Treasury and the European Commission covering the second EU-UK Financial Regulatory Forum. This forum was established following the signing of the UK-EU Memorandum of Understanding on Financial Services Cooperation on 27 June 2023.

In the joint statement the UK and EU summarise their

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  • 29 May 2024 – On 28 November 2023, the European Commission published a Delegated Regulation and an Annex which modifies Article 39 and 62 of Commission Delegated Regulation 153/2013 which supplements the European Markets Infrastructure Regulation with regard to regulatory technical standards on requirements for central counterparties. Article 39 is amended to

On 23 May 2023, the European Securities and Markets Authority (ESMA) published for consultation its second package of Level 2 measures under the recently revised Markets in Financial Instruments Regulation (revised MiFIR). We wrote about the first package of measures in our earlier blog note. The second package of Level

On 23 May 2024, the Financial Ombudsman Service (FOS) published a Consultation Paper setting out proposed changes to its fee structure, following the introduction of legislation in Parliament. The Government has begun the process of exercising powers given under the Financial Services and Markets Act 2023 to allow the FOS to update its

On 23 May 2024, the Bank of England (BoE) published a Policy Statement (PS) on its approach to statutory notice decisions for use of its requirements powers. The PS provides feedback to responses to the BoE’s consultation paper (CP) on the topic, which was published in December 2023, and