General
- Effective practices for cyber incident response and recovery - FSB publishes progress report outlining plans for toolkit
- Financial Innovation Partnership - established by HM Treasury and US Department of the Treasury
- Cross-sector sandbox - FCA publishes call for input
Brexit
- Impact of Brexit on the trading obligation for shares under Article 23 of MiFIR - ESMA and FCA publish revised statements
- Temporary permissions regime - FCA extends notification window to 30 October 2019
Banking and Finance
- Evaluation of too-big-to-fail reforms - FSB seeks feedback
- Decline in correspondent banking - FSB publishes two reports
- CRR - EBA publishes draft amending ITS with regard to COREP
- Annual Report 2018 - published by the EBA
- CRD V - HM Treasury provides clarifications on changes to remuneration policy
- Scanning the horizon - speech by the PRA’s Sam Woods
- ‘5 Conduct Questions’ Programme - FCA publishes feedback report
- Visa Europe’s crisis communication measures - PSR publishes specific direction
- Retail Banking Market Investigation Order 2017 - CMA publishes letter to Santander on preventative measures taken by the bank
- Core principles for effective Islamic deposit insurance systems - IFSB launches consultation
- Lexitor Sp. z o.o v Spółdzielcza Kasa Oszczędnościowo-Kredytowa im. Franciszka Stefczyka and others
Securities and Markets
- Legal entity identifier - FSB publishes thematic review and makes recommendations to improve global adoption
- Regulating crypto-asset trading platforms - IOSCO publishes Consultation Paper
- Annual meeting - IOSCO Board sets out priority topics for 2019
- EMIR Refit - published in the Official Journal
- PRIIPS Regulation - European Commission clarifies the treatment of bonds
- Securitisation Regulation - European Commission adopts Delegated Regulation
- EMIR 2.2 - ESMA publishes three Consultation Papers on tiering, comparable compliance and fees
- CRR - ESMA publishes Consultation Paper on amending ITS on indices and recognised exchanges
- Guidelines on periodic reporting rules for trade repositories - ESMA publishes Consultation Paper
- Position limits in commodity derivatives - ESMA publishes call for evidence
- MiFID II - ESMA updates Opinion on ancillary activity calculations
- MiFID II/MiFIR - ESMA updates Q&As on investor protection and intermediaries topics
- Securitisation Regulation - ESMA updates Q&As
- EMIR - ESMA updates Q&As
Insurance
- PEPP - Council of the EU invites COREPER to confirm agreement
Financial Crime
- Breach of the Egypt (Asset-Freezing) Regulations 2011 - OFSI imposes monetary penalty on Travelex (UK) Ltd
- Authorised push payment scams – new voluntary Code comes into force
Enforcement
- Failure to manage outsourcing arrangements - PRA and FCA fine Raphaels Bank £1.89 million
- Wash trades - FCA bans former broker
- Competition Act 1998 - FCA publishes Decision concerning asset managers sharing strategic information
Contacts
Elizabeth Prentice (professional support lawyer)
