On 14 June 2024, the Financial Stability Board (FSB) issued a press release following its Plenary in Toronto.

Key points in the press release include:

  • The Plenary discussed the progress made on the key international work following up on the March 2023 turmoil. Members look forward to the completion of this work and

In our EMEA regulatory insights series colleagues from our EMEA offices provide an update on some of the key regulatory issues they are seeing in their local market. In this latest episode Matthew Shanahan, Karl Masi and Hasanali Pirbhai from our Dubai office discuss recent UAE regulatory developments including the UAE’s removal from the FATF

On 5 June 2024, the International Organization of Securities Commissions (IOSCO) published a final report on market outages.

The final report follows a consultation that IOSCO conducted last December.

IOSCO notes that market outages, particularly if they occur on a listing trading venue, can be highly disruptive, impacting price discovery and market resilience.

In our latest Global Regulation Tomorrow Plus podcast, Matthew Gregory, Joe Bamford, Hishaam Khan and Anita Edwards discuss the first annual governing body report, and the governing body’s obligations with respect to it, under the FCA’s Consumer Duty rules. Firms are required to have prepared the report by 31 July 2024, and in this podcast

In the latest in our series of Global Regulation Tomorrow podcasts focusing on the future of asset management regulation in the UK, Claire Guilbert, Uzmah Yunis and Anita Edwards discuss the key practical points firms should be considering following the Financial Conduct Authority’s recent consultation on implementing the Overseas Funds Regime and subsequent developments.

Listen

On 3 June 2024, the International Organization of Securities Commissions (IOSCO) issued a final report – Leveraged Loans and Collateralised Loan Obligations (CLOs) Good Practices for Consideration.

The final report reflects the results of a public consultation launched on 14 September 2023.

In the final report IOSCO provides an overview

On 16 May 2024, the Network for Greening the Financial System (NGFS) published a cover report and two technical documents on Sustainable and Responsible Investment (SRI) for Central Banks.

The cover report reviews SRI in central banks’ portfolio management, with practices and recommendations. It puts forward ten recommendations for central banks

On 16 May 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report on the implications of the digitalisation of finance on banks and supervision.

The report builds on the Basel Committee’s 2018 paper, Sound practices: implications of fintech developments for banks and bank supervisors and takes stock of recent developments

On 13 May 2024, the Basel Committee on Banking Supervision (Basel Committee) issued a press release confirming that the Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee, met on 13 May 2024. It states that the GHOS welcomes the progress made in

In the latest instalment of our Regulation Around the World series, Financial Services partners in over 10 jurisdictions review recent steps that financial services regulatory authorities have taken as regards investment research.

Our global updater is accompanied by further analysis and insights in our Regulation Around the World podcast which is available now to stream