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HMT launches UK Transition Plan Taskforce

United Kingdom - May 3 2022 On Friday (25th) HM Treasury ("HMT") launched the UK's Transition Plan Taskforce (the "TPT"). The TPT has been established as part of the UK…

FCA issues consultation on side pockets following the Russian invasion of Ukraine

United Kingdom - May 3 2022 On Thursday, the FCA issued a consultation proposing new rules to allow authorised fund managers ("AFMs") to create separate unit classes (or "side…

FCA publishes climate-related disclosure obligations for asset managers, life insurers, and FCA-regulated pension providers

United Kingdom - December 20 2021 On 17 December 2021, the FCA published PS 21/24: Enhancing climate related disclosures by asset managers, life insurers, and…

Zhuan Faraj

Treasury consults on Buy-Now Pay-Later products

United Kingdom - November 1 2021 As mentioned in our last update in this area, the pandemic has seen a boom within the consumer credit market while regulatory concerns have arisen…

Zhuan Faraj

UK financial regulators’ joint statement on Climate Change Adaptation Reports

United Kingdom - October 29 2021 On 28 October 2021, the UK’s financial regulators (the Financial Conduct Authority (“FCA”), Prudential Regulation Authority (“PRA”)…

Zhuan Faraj