Dentons | United Kingdom | 6 Jan 2016
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…
Dentons | European Union | 6 Jan 2016
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…
Dentons | Global | 23 Dec 2015
IOSCO has published its report on how collective investment schemes (CIS) manage their liquidity risk. It found that: most jurisdictions clearly…
Dentons | United Kingdom | 23 Dec 2015
Treasury has published its six-monthly report on arrangements which involve or may require reliance on section 228(1) of the Act, which allows…
Dentons | European Union, United Kingdom | 23 Dec 2015
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…
Dentons | United Kingdom | 23 Dec 2015
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…
Dentons | European Union | 23 Dec 2015
The Payment Account Regulations 2015 have been published, together with an explanatory memorandum. The Regulations implement the Payment Accounts…
Dentons | United Kingdom | 23 Dec 2015
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…
Dentons | European Union | 23 Dec 2015
EBA is consulting on draft RTS on the framework for cooperation and exchange of information between competent authorities for passporting under the…
Dentons | United Kingdom | 23 Dec 2015
PSR has published its report on direct access to payment systems and the governance of payment system operators in the UK. It summarises the…