04/01/2021
From the beginning of April this year sterling Libor cannot be used in any new lending or other cash products that mature after the end of 2021 when alternative, risk-free reference rates will be used.
04/01/2021
In addition to the principles for operational resilience, the Committee is also issuing revisions to its Principles for the sound management of operational risk (PSMOR) reflecting the natural relationship between operational resilience and operational ris
03/31/2021
It is also good to see the FCA views the introduction of Open Finance as we do, through a phased approach that will see Open Banking extended first, with the next stage being to start with products that have the best balance of cost and complexity.
03/31/2021
The BEIS consultation closes on 5 May 2021, and the government said new regulations would come into force on 6 April 2022, applying to financial periods starting on or after that date.
03/31/2021
The consultation will consider the structural features and enhanced disclosure, including a minimum market capitalisation and a redemption option for investors, required to provide appropriate investor protection.