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Dentons | United Kingdom | 6 Jan 2016

Treasury launches fee-free bank accounts

Treasury has announced the launch of fee-free basic bank accounts at nine major banks from 1 January 2016. The accounts are available to anyone who…
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Dentons | European Union | 6 Jan 2016

PSD2 published in OJEU

The revised payment services directive (PSD2) has been published in the OJEU. PSD2 will enter into force on 12 January 2016 and Member States must…
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Dentons | Global | 23 Dec 2015

IOSCO publishes CIS liquidity management report

IOSCO has published its report on how collective investment schemes (CIS) manage their liquidity risk. It found that: most jurisdictions clearly…
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Dentons | United Kingdom | 23 Dec 2015

Treasury publishes Banking Act report

Treasury has published its six-monthly report on arrangements which involve or may require reliance on section 228(1) of the Act, which allows…
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Dentons | European Union, United Kingdom | 23 Dec 2015

PSR consults on regulatory fees

PSR is consulting on setting its regulatory fees for the next year. Its costs will be divided between its roles under the Financial Services (Banking…
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Dentons | United Kingdom | 23 Dec 2015

OCC determines FCA failure to investigate

OCC has published its findings in relation to a complaint against FCA. It found that FCA failed to investigate a complaint that consumers may have…
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Dentons | European Union | 23 Dec 2015

Treasury makes Payment Account Regulations

The Payment Account Regulations 2015 have been published, together with an explanatory memorandum. The Regulations implement the Payment Accounts…
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Dentons | United Kingdom | 23 Dec 2015

FCA updates MoU with FOS

FCA has updated its memorandum of understanding (MoU) entered into with FOS. The MoU describes how the regulators will co-operate with each other in…
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Dentons | European Union | 23 Dec 2015

EBA consults on passporting under PSD2

EBA is consulting on draft RTS on the framework for cooperation and exchange of information between competent authorities for passporting under the…
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Dentons | United Kingdom | 23 Dec 2015

PSR reports on access and governance of payment systems

PSR has published its report on direct access to payment systems and the governance of payment system operators in the UK. It summarises the…
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