12/08/2021
IOSCO Recommendations for ESG Ratings and Data Providers
These aim to help increase trust and transparency in the rapidly expanding ESG market.
Legal, Regulation & Compliance
12/08/2021
FSR Outlook 2022: Anticipating Change, Being Prepared
Covid-19 and the repercussions of the UK's exit from the EU continued to impact regulatory responses this year.
12/08/2021
FCA to introduce new Consumer Duty to drive a fundamental shift in industry mindset
The new rules will raise industry standards by putting the emphasis on firms to get products and services right in the first place.
12/08/2021
A new Consumer Duty: feedback to CP21/13 and further consultation
This causes consumer harm and erodes consumer trust.
12/08/2021
Financial Service & Banking News
The FCA will also seek to engage directly with stakeholders in Q1 2022 once they have had the opportunity to hear stakeholders’ initial views. FCA, 6 December 2021
12/08/2021
Financial Regulation: Daily Update
An infographic summarising how the Consumer Duty will raise the standard of consumer protection has also been published.
12/08/2021
Ireland Update – Central Bank’s property fund proposals
The current proposal is to introduce a 50% limit on the ratio of a Property Fund’s total loans to its total assets and that this limit would apply on an ongoing basis. .
12/08/2021
The private funds guide to SFDR
ESG data gathering and analytics is Intertrust Group’s first ESG product
12/08/2021
Financial Service & Banking News
The consultation takes on board industry feedback following initial proposals published in May 2021.
12/07/2021
Financial Service & Banking News
The FCA has also collaborated with HM Treasury on its Call for Evidence on the regime, to gather information on how market participants use the AR regime and how effectively the regime works in practice
12/07/2021
FCA update on Liverpool Victoria
If members vote in favour of the Scheme of Arrangement, we will be writing to the Court for the Sanction Hearing in late December with our views.
12/07/2021
Daily Legal Update
The Bank of England (BoE) has opened the Alternative Liquidity Facility (ALF), which has taken deposits from participating UK-based Islamic banks for the first time.
12/07/2021
HSF: Financial Regulation Daily Update
The FCA plans to publish a Feedback Statement during 2022 outlining any further steps it will take.
12/07/2021
FCA opens consultation to improve consumer protection
Based on proposals published in May
12/07/2021
Divorce - Navigating the Changing Legal Lanscape
Many couples trying to manage these issues are finding it increasingly difficult to cope, often in a marriage that is revealed as being far from ideal and is unraveling.
12/06/2021
Golden Visa Programme Portugal - Changes in the Investment Criteria coming in the New Year
In order to be able to apply for a Golden Visa, there is a requirement for one of the three types of investment, two of which will alter in January 2022 and an increased level of investment will be in place.
12/06/2021
Financial Regulation: Daily Update
The Call for Evidence also gathers views on potential challenges to the safe operation of the AR regime and possible future reforms that might be considered to address those challenges.
12/06/2021
Breaking down barriers or building up barricades? The outlook for data privacy in 2022
The big question is whether any of these solutions will pave the way to harnessing that data without regulatory friction or whether they will slow down data-powered progress.
12/06/2021
FCA launches discussion of FSCS levy framework
It intends to improve the conduct of firms to prevent harm from happening in the first place.
12/06/2021
HNWs could be denied access to FSCS
The FCA said it had looked at claims processed over 2020 and 2021 in order to consider the impact such an exclusion would have.