The UK Financial Conduct Authority (FCA) has published examples of good and poor practices following its review into international payment pricing transparency. Under the consumer duty, in line with the FCA's Handbook (PRIN…
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/ Consumer Protection, Finance & Banking, International Law & Trade
The Bank of England (BoE) has published the Bank Resolution Standards Instrument: The Technical Standards (Simplified Obligations) Instrument 2025 revoking UK Commission Delegated Regulation (EU) 2019/348, containing technical…
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/ Administrative Law, Bankruptcy, Finance & Banking, International Law & Trade
The European Banking Authority (EBA) has issued a consultation paper on draft regulatory technical standards (RTS) amending Delegated Regulation (EU) 2023/206, supplementing Regulation (EU) No 575/2013 (CRR). The EBA is mandated…
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/ Finance & Banking, Real Estate - Commercial
The UK Payment Systems Regulator (PSR) has published its annual plan and budget for 2025/26. The foreword by Aidene Walsh, Chair of the PSR, references the government's announcement to incorporate the PSR into the FCA and how,…
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/ Administrative Law, Finance & Banking, International Law & Trade
The Basel Committee on Banking Supervision (BCBS) has published a revised version of its principles for the management of credit risk, which serve as guidelines for banking supervisory authorities to assess banks' credit risk…
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/ Finance & Banking, International Law & Trade
The Financial Markets Standards Board (FMSB) has published a spotlight review on ways to improve uncleared margin for OTC derivatives, along with a press release. It builds on findings from the Bank of England's Post-Trade Task…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade
Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions.
TPR publishes annual funding statement -
The Pensions Regulator…
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/ Administrative Law, Civil Rights, International Law & Trade, Labor & Employment Law
The European Commission (EC) has adopted a Delegated Regulation supplementing Regulation (EU) 2023/1114 on markets in cryptoassets (MiCAR), with regard to regulatory technical standards (RTS) specifying the arrangements, systems…
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/ Administrative Law, Finance & Banking, International Law & Trade, Science, Computers, & Technology, Securities Law
The UK Financial Conduct Authority (FCA) has released an engagement paper, together with a press release, on proposals to launch AI live testing as part of the AI Lab. AI live testing will be open to all firms who have…
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/ Administrative Law, Finance & Banking, International Law & Trade, Science, Computers, & Technology
On April 9 2025, the European Commission published the AI Continent Action Plan (the Action Plan), which outlines the EU’s strategy to enhance innovation, competitiveness and regulatory compliance in artificial intelligence…
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/ Administrative Law, Privacy, Science, Computers, & Technology
On 29 April, the UK government published draft legislation which will bring currently unregulated cryptoassets, including stablecoins, within the scope of financial services regulation. This is the first of a number of…
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/ Finance & Banking, International Law & Trade, Science, Computers, & Technology, Securities Law
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) Germany -
Bundesbank: Updated directories of credit institutions and their associations in Germany on banking related information (Aktualisiertes Verzeichnis…
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/ Finance & Banking, International Law & Trade
The European Commission (EC) has launched a dedicated channel for reporting barriers to financial market integration within the EU Single Market. This initiative, which announced in the Savings and Investments Union (SIU)…
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/ Antitrust & Trade Regulation, Finance & Banking, International Law & Trade
The UK Financial Conduct Authority (FCA) has published a consultation paper (CP25/10), along with a press release and an updated webpage, proposing to remove all references to the UK Capital Requirements Regulation (UK CRR) from…
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The UK Financial Conduct Authority (FCA) has announced it will no longer be issuing and publishing portfolio letters from 30 April. Instead, these will be replaced with a small number of market reports. The market reports will…
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/ Consumer Protection, Finance & Banking