On 20 March 2025, the International Organisation of Securities Commissions (IOSCO) launched a new alerts portal to help combat retail investment fraud. The new portal is called I-SCAN.  The alerts and warnings included on the portal are provided by IOSCO members on a voluntary basis. The contents of the alerts and warnings…

In the second episode of our Global Regulation Tomorrow Plus podcast mini-series exploring the UK’s new Consumer Composite Investments regime, Joe Bamford and Anita Edwards discuss the proposed disclosures that would be required under the new regime – the Product Summary Disclosure and the Core Information Document.

Listen to the podcast here.

FCA and PRA enforcement action covers a range of misconduct with recent outcomes including both retail and wholesale cases and findings in respect of matters as various as customer treatment, market abuse and risk management. The details of the breaches and the activity which gave rise to the issues may vary but a consistent theme…

In this latest issue of Regulation Around the World we look at some of the key regulatory topics for 2025 in the following jurisdictions: United Kingdom, EU, France, Germany, Luxembourg, Netherlands, Italy, UAE, South Africa, Australia, Hong Kong, Singapore, Australia and China. We have not attempted to list every single reform expected this year but…

On 19 March 2025, the Prudential Regulation Authority (PRA) published a consultation paper, CP3/25 – Recognised exchanges policy and transfer of main indices.

Background

HM Treasury made amendments in November 2024 to the definition of ‘recognised exchange’ (RE) in Article 4(1)(72)(c) of the assimilated Capital Requirements Regulation (UK CRR…

On 19 March 2025, there was published on the European Securities and Markets Authority’s (ESMA) website the official translations of the guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments. The guidelines specify the conditions and criteria for determining whether a crypto-asset should qualify as a financial instrument…

After much speculation regarding the fate of various outstanding FCA initiatives in relation to investigation announcements, D&I and non-financial misconduct, last week the FCA confirmed that:

1. it will no longer take forward the following proposals:

  1. to implement a new public interest test for announcing investigations into regulated firms (known as the ‘name and shame’
…