FCA unveils regulatory sandbox participants and application window for second cohort
The FCA has announced the firms which were successful in their application to begin testing in the first cohort of its regulatory sandbox and has also provided information of the application window for the second cohort.
FCA, 7 November 2016
PRA publishes 2016 annual assessment of category 5 credit unions
The PRA has published the findings from its 2016 assessment of category 5 credit unions.
Bank of England PRA, 7 November 2016
Almost 100 financial services firms have now signed Women in Finance Charter
HM Treasury has announced that 22 new firms have pledged to improve gender diversity at senior levels by signing the Women in Finance Charter. Jayne-Anne Gadhia, CEO of Virgin Money has also been appointed as the official Women in Finance Champion.
HM Treasury, 8 November 2016
PRA consultation on proposals to amend supervisory statement on Solvency II group supervision
The PRA has published a consultation (CP38/16) setting out proposals to amend its supervisory statement on Solvency II group supervision (SS9/15). Responses required by 7 February 2017.
Bank of England PRA, November 2016
EIOPA letter to European Commission on proposed timetable for technical advice on review relating to Solvency II Delegated Regulation
EIOPA has sent a letter to the European Commission setting out a proposed timetable for responding to their call for technical advice relating to the review of the Solvency II Delegated Regulation.
EIOPA, 7 November 2016
US/EU joint statement on negotiations for a bilateral agreement on insurance and reinsurance measures
The US Department of the Treasury and the European Union have published a joint statement in relation to working towards a bilateral agreement relating to prudential insurance and reinsurance measures.
European Commission, 7 November 2016
INVESTMENTS AND FUNDS
IOSCO consultation responses on good practices for investment fund termination
The International Organization of Securities Commissions (IOSCO) has published the responses it received to its consultation on good practices for the termination of investment funds. IOSCO, 4 November 2016 ESMA publishes list of designated NCAs under Article 40 of the Benchmark Regulation
ESMA has published a table listing the National Competent Authorities (NCAs) that have been designated under Article 40 of the Benchmarks Regulation.
ESMA, 7 November 2016
EBA responds to Commission call for advice report on standardised approach for counterparty credit risk and own funds requirements for market risk
The EBA has published a report in response to the European Commission's call for advice on the standardised approach for counterparty credit risk and own funds requirements for market risk.
EBA, 3 November 2016