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SMCR Regulatory Reform

Latham & Watkins LLP

The Edinburgh Reforms - Two Years On

Latham & Watkins LLP on

When the Edinburgh Reforms were announced on 9 December 2022, they were billed as an ambitious set of reforms. Two years on, we assess which of the measures have been completed, which remain outstanding, and whether they have...more

BCLP

The PRA’s and FCA’s Proposals to Reduce Restrictions on Banking Bonuses

BCLP on

Yesterday the PRA and FCA published PRA consultation paper 16/24 / FCA consultation paper 24/23 – Remuneration reform, containing proposals for significant changes to the remuneration regime. The UK’s current remuneration...more

Latham & Watkins LLP

UK Government and Regulators Launch SMCR Review

Latham & Watkins LLP on

The tone of the papers suggests that a fundamental reform of the Regime will be unlikely. On 30 March 2023, the PRA and the FCA published a joint Discussion Paper (FCA DP23/3 and PRA DP1/23) seeking feedback on the...more

A&O Shearman

What UK readers couldn’t get enough of in 2022 - the top five blog posts revealed

A&O Shearman on

2022 saw a big shift in the geo-political climate and a bedding in of the new hybrid working world. These two developments are reflected in the blogs our subscribers were most interested in reading. Readers remain focused on...more

Proskauer Rose LLP

The Edinburgh Reforms: post-Brexit financial (de)regulation

Proskauer Rose LLP on

On 9 December 2022, the United Kingdom’s Chancellor of the Exchequer announced an expansive set of reforms to the UK’s financial regulatory regime – labelled the “Edinburgh Reforms”. Following the UK’s exit from the...more

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