Background
The creation of this dedicated channel was announced in the Savings and Investments Union (SIU) Communication adopted on 19 March 2025.
Next steps
The Commission will regularly monitor the feedback, which it will use in its ongoing efforts to tackle existing obstacles to financial market integration and free movement of capital, with
The Office of Management and Budget (“OMB”) provided “initial implementation guidance” for regulatory agencies to comply with President Trump’s Executive Order “Ensuring Accountability for All Agencies.”
The full update can be found here on our US Regulatory Intelligence platform.
On 24 April 2025, the Financial Conduct Authority (FCA) announced plans to simplify its process for providing firms with supervisory communications.
The FCA explains that it is making these changes as part of its Consumer Duty requirements review, with the aim of streamlining how it sets its supervisory priorities to support its commitment
On 23 April 2025, the Prudential Regulation Authority (PRA) published a consultation paper, CP9/25, on the Markets in Financial Instruments Directive (MiFID) Organisational Regulation (MiFID Org Regulation).
Background
The MiFID Org Regulation is currently assimilated law in the UK and is cross-referenced in PRA rules. HM Treasury is proposing
On 23 April 2025, the Financial Stability Board (FSB) published a letter from its chair, Klaas Knot, to G20 Finance Ministers and Central Bank Governors ahead of their meeting on 23-24 April.
In the letter Mr Knot reflects on the progress made in addressing global challenges to financial stability and outlines priorities for
On 21 March 2025, the Financial Conduct Authority (FCA) announced a comprehensive market study into the distribution of pure protection products to individual retail customers (MS24/1.2). This initiative aims to ensure that the market functions effectively and that consumers receive fair value and good outcomes from these products. The study puts commission arrangements
On 17 April 2025, the Financial Conduct Authority (FCA) published Primary Market Bulletin 55 which includes a guidance consultation (GC25/1) on proposed changes to its Knowledge Base and on digital reporting for annual financial statements, as well as final guidance (FG25/1) on changes that were consulted on in Primary
On 15 April 2025, the European Commission (Commission) launched a targeted consultation on the integration of European Union (EU) capital markets. The aim of the consultation is to collect feedback on obstacles to financial market integration across the EU and it is part of the Savings and Investments Union (SIU
On 16 April 2025, the Financial Conduct Authority (FCA) published a consultation paper, CP25/8, on data decommissioning: removing reporting and notification requirements.
Background
The FCA explains that it is reviewing the information it collects regularly from firms, as part of its commitment to improving regulatory reporting. Its aim is to streamline the
Recent regulatory activity and enforcement outcomes have highlighted the obligations on auditors to make reports to regulators in certain circumstances. Given the web of relevant provisions, the number of bodies potentially requiring notification, the client confidentiality overlay and the pressures to which busy professionals are subject, keeping track of who should say what to whom