Lexology PRO | European Union, United Kingdom | 20 Apr 2023
UK regulators set priorities to secure the future of open banking, the EBA consults on guidelines for reporting historical data, and the UK FCA takes the lead in the Wider Implications Framework – plus other key updates.
Lexology PRO | United Kingdom | 3 Apr 2023
This guide will assist in-house counsel, private practice lawyers, risk and compliance teams and others understand who regulates the financial services sector in the UK and how they do it.The guide is an introduction to the key financial services regulators including the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Plans are now underway to reshape the UK......
Herbert Smith Freehills LLP | United Kingdom | 13 Mar 2023
At 7am on 13 March 2023 Silicon Valley Bank UK Limited (SVB UK), the UK subsidiary of the US bank, was sold to HSBC UK Bank Plc (HSBC) for £1. This…
Ropes & Gray LLP | United Kingdom | 12 Mar 2023
As we continue to work with clients regarding the Bank of England’s statement as to its intention to apply to place Silicon Valley Bank UK Limited…
Shearman & Sterling LLP | European Union, United Kingdom | 14 Feb 2023
The U.K. Government has published its much-anticipated proposals for regulating the cryptoasset industry. These proposals, currently in the form of a…
Lexology PRO | Global | 30 Jan 2023
The international derivatives industry body has rolled out a set of common documentations for crypto derivatives, as it seeks to address legal issues arising from the “Crypto Winter”.
Lexology PRO | Asia-Pacific, Australia, European Union, etc. | 10 Jan 2023
Australia consults on new consumer protection measures, France outlines proposals for an open finance framework, and Wells Fargo is fined US$3.7 billion for consumer protection violations – plus other key updates.
Macfarlanes LLP | European Union, United Kingdom | 12 Jan 2022
The UK’s new national security screening regime went live on 4 January 2022. The Government has consolidated its published guidance on the regime…
Hogan Lovells | European Union, United Kingdom | 14 Feb 2020
The Financial Conduct Authority (FCA) has published a Dear CEO letter to firms in its "Platforms" portfolio, setting out the FCA's key concerns and…
Squire Patton Boggs | United Kingdom | 22 Jan 2020
The Financial Services Compensation Scheme’s (“FSCS“) levy for management expenses will increase by nearly 5% to £78.2 million, for the period 2020/21…