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Financial Conduct Authority (FCA) United Kingdom

Shearman & Sterling LLP

Bank of England Consults on Revisions to Statement of Policy on Enforcement

On March 28, 2024, the Bank of England published a consultation paper on revisions to its Statement of Policy and Procedure on its approach to enforcement, published in January 2024, to reflect enhancements to the BoE's...more

Shearman & Sterling LLP

HM Treasury Publishes Policy Statement on Next Phase of Smarter Financial Services Regulatory Framework

On March 21, 2024, HM Treasury published a paper on the next phase of its Smarter Financial Services Regulatory Framework, the U.K.'s program of post-Brexit regulatory reforms for financial services. The original policy...more

Shearman & Sterling LLP

UK Conduct Authority Consults on New Approach to Enforcement and Publication of Enforcement Investigations

On February 27, 2024, the U.K. Financial Conduct Authority published a consultation on revisions to its Enforcement Guide, setting out proposals which aim to simplify the guidance and increase transparency around the FCA's...more

Orrick, Herrington & Sutcliffe LLP

UK financial regulators issue new authority on securities “sandbox”

On April 3, the U.K.’s Financial Conduct Authority and the Bank of England released a consultation paper seeking comments on their proposal to implement the Digital Securities Sandbox (DSS), a new regime for financial firms...more

Katten Muchin Rosenman LLP

FCA Proposes ‘New’ Option for Investment Research Payments – Back to Bundled Payments?

On 10 April 2024, the Financial Conduct Authority (FCA) published a consultation paper proposing the introduction of a ‘new’ option for investment research payments, alongside the existing two options (CP24/7). In essence,...more

WilmerHale

Sexism in the City

WilmerHale on

#MeToo is still moving across the pond. On March 8, 2024, the House of Commons Treasury Committee published a report entitled “Sexism in the City” (referenced as “Report” in this article), which found that the...more

Hogan Lovells

UK FCA finalises changes to create stronger framework to support borrowers in financial difficulty

Hogan Lovells on

The FCA has published its final rules and guidance aimed at strengthening protections for borrowers in financial difficulty, incorporating aspects of the Tailored Support Guidance (TSG) introduced during the COVID-19 pandemic...more

Shearman & Sterling LLP

UK Conduct Regulator Proposes Payment Optionality for Investment Research

The U.K. Financial Conduct Authority has opened a consultation setting out proposals for allowing firms to use joint (bundled) payments for third-party research and execution services, subject to certain requirements being...more

Latham & Watkins LLP

FCA Consults on Permitting Bundled Payments for Research

Latham & Watkins LLP on

The FCA is proposing to allow asset managers to rebundle payments for third-party research and trade execution. On 10 April 2024, the FCA published its much-anticipated Consultation Paper on payment optionality for...more

Morgan Lewis

Understanding EU and UK Climate Disclosure and Anti-Greenwashing Regimes

Morgan Lewis on

Amid a rise of environmental, social, and governance (ESG) investing and initiatives, the European Union and United Kingdom have set their sights on efforts to combat greenwashing in the financial sector. Regulations...more

Proskauer Rose LLP

Regulation Round Up - March 2024

Proskauer Rose LLP on

Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Hogan Lovells

UK: 10 things to note about the FCA and Bank of England Digital Securities Sandbox consultation

Hogan Lovells on

On 3 April 2024, the Bank of England (BoE) and the Financial Conduct Authority (FCA) issued a consultation paper setting out the proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is designed to...more

Katten Muchin Rosenman LLP

UK FCA Publishes Guidance on Social Media Financial Promotions

On 26 March 2024, the Financial Conduct Authority (FCA) issued its finalised guidance in relation to financial promotions on social media (Finalised Guidance). Background - The Finalised Guidance follows the FCA’s July...more

Proskauer - The Capital Commitment

A Tale of Two Regulators: The SEC and FCA Address AI Regulation for Private Funds

2023’s excitement for generative artificial intelligence (AI) prompted the SEC to respond on multiple fronts – stump speeches, rulemaking, new exam priorities and sweeps and previewing potential enforcement actions. SEC Chair...more

Latham & Watkins LLP

Recent Developments for UK PLCs - April 2024 Edition

Latham & Watkins LLP on

On 5 March 2024, the Pre-Emption Group (PEG) published its first report monitoring the use of its updated Statement of Principles on the disapplication of pre-emption rights for UK listed companies. The Principles were...more

Akin Gump Strauss Hauer & Feld LLP

Cross-Border Implications of the FCA’s Consultation Paper on Publishing Information About the Opening and Progress of...

Last month, the United Kingdom Financial Conduct Authority (FCA) announced that it is considering new procedures under which it would publicly identify firms that are under investigation as soon as the investigation has been...more

Allen & Overy LLP

AIFMD II: Unveiling the timeline for the new loan origination regime

Allen & Overy LLP on

The text of the Directive amending the Alternative Investment Fund Managers Directive (AIFMD) (AIFMD II) was published on 26 March 2024 and will enter into force on 15 April 2024. AIFMD II introduces, among other changes,...more

WilmerHale

FCA Business Plan: Firms Should Expect Assertive Supervision, Enforcement on Financial Crime as 2022-2025 Strategy Enters Final...

WilmerHale on

The UK Financial Conduct Authority (FCA) is entering the final year of its 2022-2025 strategy, which features a commitment to be more innovative, assertive and adaptable. Its 2024/25 Business Plan outlines how the regulator...more

Hogan Lovells

UK: FCA finalises social media financial promotions guidance

Hogan Lovells on

The FCA finalised social media guidance in relation to financial promotions published on 26 March 2024 acknowledges that social media has become a central part of firms’ marketing strategies allowing them to reach a large...more

King & Spalding

DEI hard: new reports reveal UK workplace diversity challenges

King & Spalding on

This month has seen the publication of two UK government-backed reports relating to diversity and inclusion in the workplace. The Treasury Committee has published its report in relation to barriers faced by women in financial...more

Cadwalader, Wickersham & Taft LLP

UK’s Financial Conduct Authority Publishes Business Plan

The UK’s Financial Conduct Authority ("FCA") has published its 2024/25 business plan, setting out its priorities for the next 12 months. Against a backdrop of 13 public commitments focusing on: reducing and preventing...more

Skadden, Arps, Slate, Meagher & Flom LLP

Taking Stock of Commodity Derivatives Regulation in the UK and EU

In July 2021, HM Treasury published the Wholesale Markets Review consultation (WMR), which included proposals to reform the U.K.’s secondary markets framework. There was broad support for reforms to (a) modify the ancillary...more

Hogan Lovells

UK Consumer Duty: FCA gives more implementation feedback and some focus areas for closed books work

Hogan Lovells on

On 20 February 2024, the FCA published details of recent good practice in Consumer Duty implementation and highlighted areas for improvement. As well as this, the FCA also published the results of a second survey of firms on...more

Allen & Overy LLP

Our top ten enforcement takeaways from the FCA Business Plan 2024/25

Allen & Overy LLP on

The UK Financial Conduct Authority (FCA) has published its business plan for 2024/25. Reducing and preventing financial crime, championing consumer needs and strengthening the UK’s position in global wholesale markets all...more

White & Case LLP

FTSE indicates how it expects to update rules following FCA’s listing reforms

White & Case LLP on

FTSE Russell has published an overview of the provisional changes it expects to make to its FTSE UK Index Series rules following reforms to the UK listing regime by the Financial Conduct Authority ("FCA") later this year. ...more

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JD Supra Privacy Policy

Updated: Dec 28, 2021:

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Links to Other Websites

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Information for EU and Swiss Residents

JD Supra's principal place of business is in the United States. By subscribing to our website, you expressly consent to your information being processed in the United States.

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Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

You can also manage your profile and subscriptions through our Privacy Center under the "My Account" dashboard.

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California Privacy Rights

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You can make a request for this information by emailing us at privacy@jdsupra.com or by writing to us at:

Privacy Officer
JD Supra, LLC
150 Harbor Drive, #2760
Sausalito, CA 94965

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Access/Correct/Update/Delete Personal Information

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Changes in Our Privacy Policy

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Contacting JD Supra

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Updates to This Policy

We may update this cookie policy and our Privacy Policy from time-to-time, particularly as technology changes. You can always check this page for the latest version. We may also notify you of changes to our privacy policy by email.

Contacting JD Supra

If you have any questions about how we use cookies and other tracking technologies, please contact us at: privacy@jdsupra.com.

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