BANKING

Chancellor speech on Brexit and financial services

Philip Hammond, Chancellor of the Exchequer, and Mark Carney, BoE governor, has given a speech on Brexit and financial services. HM Treasury, 20 June 2017

Corrigendum to Delegated Regulation with regard ex ante contributions to resolution financing arrangements under BRRD

A corrigendum to the text of the Commission Delegated Regulation (EU) 2015/63 supplementing the Bank Recovery and Resolution Directive has been published in the Official Journal. European Commission, 20 June 2017

PRA remuneration policy statement updated

The PRA has updated its remuneration policy statement (RPS). Bank of England, 19 June 2017

BoE materials for IFRS 9 exercise published

The Bank of England (BoE) has published the materials to be used by the firms participating in the International Financial Reporting Standard 9 (IFRS 9) exercise accompanying the 2017 concurrent stress test. BoE, 20 June 2017

CMA publishes consultation on regulated payment systems appeals rules and guide

The CMA has published a consultation on draft rules of procedure to govern appeals that may be made to it under section 79 of the Financial Services (Banking Reform) Act 2013 in respect of certain decisions made by the PSR under the Act. CMA, 20 June 2017

PSR market review remedies decision into the ownership and competitiveness of infrastructure provision

The Payment Services Regulator has published a remedies decision on its market review into the ownership and competitiveness of infrastructure provision. PSR, 20 June 2017

INSURANCE

FCA call for input on access to insurance

The FCA has published a call for input on access to insurance looking at access issues experienced by those who have, or have had, cancer and other pre-existing medical conditions. FCA, 20 June 2017

INVESTMENTS AND FUNDS

European Commission legislation amending MiFID II systematic internaliser definition

The European Commission has published a draft Delegated Regulation amending Delegated Regulation (EU) 2017/565 as regards the specification of the definition of systematic internalisers. European Commission, 19 June 2017