03/27/2025
CP5/25 – Margin requirements for non-centrally cleared derivatives: Amendments to BTS 2016/2251
Consultation paper 5/25
Legal, Regulation & Compliance
03/26/2025
Established UK manager uses regulatory hosting and third-party AIFM services to support launch of new strategy
They decided to appoint a specialist third-party firm to provide AIFM services whilst their newly established business unit sought direct FCA authorisation in parallel.
03/26/2025
FCA outlines next steps on Consumer Duty rule review
The proposals are part of our work to streamline our rules, reduce burdens on businesses, and improve outcomes for consumers following the introduction of the Consumer Duty.
03/26/2025
FCA launches 5-year strategy to support growth and improve lives
The new strategy builds on the FCA’s achievements over the course of its previous 3-year strategy.
03/26/2025
AILO issues FCA Overseas Funds Regime warning to advisers
Only overseas funds registered with the OFR or TMPR can be promoted to UK retail clients
03/25/2025
Monitoring preparedness and governance under EU cyber security legislation
Dominique Lensink looks at processes to adopt to help comply with the complex EU framework around cyber security.
03/24/2025
FCA to scrutinise whether pure protection market provides fair value to consumers
The review will explore how effectively this important market is working.
03/24/2025
The Bank of England should stop worrying about inflation
At present, the Bank remains bound to its rigid 2 per cent inflation target.
03/24/2025
Isle of Man FSA sets out two-year financial crime prevention programme
Projects form part of wider approach being delivered across regulator’s four supervisory divisions
03/24/2025
Pensions Regulator publishes overview of the UK’s occupational DC trust-based landscape
This consolidation affects mainly schemes with fewer than 5,000 members and aligns with the Regulator’s initiative to enhance value for money for savers.
03/24/2025
FCA suspends Hargreaves Lansdown shares from trading ahead of delisting
The consortium, made up of CVC, Nordic Capital and an Abu Dhabi Investment Authority subsidiary Platinum Ivy, previously had two bids rejected.
03/21/2025
The digital euro: maintaining the autonomy of the monetary system
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, University College Cork Economics Society Conference 2025
03/21/2025
Expanding to the UK? Avoid the top 5 regulatory pitfalls
Many overseas firms assume UK regulations will be similar to those in the U.S. or Europe, only to discover key differences too late.
03/20/2025
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spending
03/20/2025
Chancellor’s National Wealth Fund to deliver growth and boost security
Chancellor sets new strategy for National Wealth Fund to reflect our Plan for Change, unlocking billions of pounds of private investment into the UK.
03/20/2025
UK jobs market holds steady in final economic snapshot before BoE rate decision
The Bank of England will have a rather treacherous path to navigate in the coming months.
03/20/2025
ESMA and Bank of England conclude a revised MoU in respect of UKbased CCPs under EMIR
This action follows the recent European Commission decision to extend the equivalence for the UK CCPs for a period of three years until 30 June 2028
03/20/2025
First FCA enforcement action and fine against a Recognised Investment Exchange
The FCA acknowledges the work undertaken by LME since March 2022 to enhance and strengthen its controls.
03/20/2025
Reaction as Bank of England holds interest rates at 4.5%
The bank has a very challenging economic environment, with growth having slowed but inflation pressures remaining elevated.
03/19/2025
A&O Shearman advises joint lead managers on U.S. supranational bond issuance under Luxembourg law
This transaction aligns with the growing trend of issuing digital bonds and marks the second supranational digital bond issuance by Multilateral development bank (MDB) IADB.