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Financial Regulatory Developments 31 July - Prudential Regulation Authority
  • Dentons
  • United Kingdom
  • July 31 2015

PRA will make final decisions on all formal Matching Adjustment (MA) applications it received before 1 July in late October, and tell all firms their

New rules on depositor protection mean larger corporates will be entitled to compensation
  • CMS Cameron McKenna
  • United Kingdom
  • July 30 2015

The Deposit Guarantee Schemes Directive 201449EU (DGSD), which EU Member States were required to implement by 3 July 2015, has now been fully

Financial Regulatory Developments 24 July - Financial Services Compensation Scheme (FSCS)
  • Dentons
  • United Kingdom
  • July 24 2015

FSCS releases annual report: FSCS has released its annual report and accounts for 201415. The report shows that FSCS received more than 53,000 new

Financial Conduct Authority Chief Executive to stand down
  • Shearman & Sterling LLP
  • United Kingdom
  • July 21 2015

The FCA announced on July 17, 2015, that Chief Executive Martin Wheatley would be standing down from September 12, 2015. Mr. Wheatley will continue

FCA announces that its CEO is stepping down
  • Cooley LLP
  • United Kingdom
  • July 17 2015

Martin Wheatley, the CEO of the UK's Financial Conduct Authority, is to step down on 12 September 2015. He will remain as an advisor to the FCA's

Financial Regulatory Developments 17 July - Financial Conduct Authority (FCA)
  • Dentons
  • United Kingdom
  • July 17 2015

FCA has published the results of its review of advice and distribution under the Mortgage Market Review (MMR). It looked at the quality of advice

Financial Regulatory Developments 17 July - Prudential Regulation Authority (PRA)
  • Dentons
  • United Kingdom
  • July 17 2015

PRA is consulting on how it will meet the Financial Policy Committee (FPC) direction of 1 July to implement a UK leverage ratio framework. PRA

New financial super court to further enhance London's profile as a financial dispute hub
  • RPC
  • United Kingdom
  • July 16 2015

After a period of consultation, the Lord Chief Justice announced at his Mansion House speech on 8 July 2015 that a new specialist list dealing with

UK exit from the EU: sector by sector - financial services regulation
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • July 10 2015

The UK exit from the EU would likely to have a significant impact on the financial services sector in the UK. The nature and extent of that impact

Ministry of Justice publishes special bulletin on packaged bank accounts
  • Eversheds LLP
  • United Kingdom
  • July 9 2015

On 3 July 2015, a special bulletin published by the Ministry of Justice (MoJ) reported a notable increase in activity around claims for mis-sold