Regulatory Reform 3 - Planet Compliance

European regulators highlight main risks for the EU financial system

Leave a Comment / Uncategorised / By Planet Compliance

The Joint Committee of the European Supervisory Authorities (ESAs) published today its September 2016 Report on Risks and Vulnerabilities in the EU Financial System. This Report focuses on recent developments concerning the low growth and low yield environment and its potential effects on financial institutions’ profitability and asset quality, and highlights concerns related to the …

European regulators highlight main risks for the EU financial system Read More »

FCA publishes policy development update

Leave a Comment / Uncategorised / By Planet Compliance

The FCA today published Policy Development Update – Issue 36. These updates provide information on publications issued since the last edition, information about recent Handbook-related and other developments, other publications such as consumer publications, guidance consultations and finalised guidance, and an updated timetable for forthcoming publications. This month the Policy Development Update – Issue 36 (PDF) includes …

FCA publishes policy development update Read More »

PRA publishes latest monthly regulatory update

Leave a Comment / Uncategorised / By Planet Compliance

The Prudential Regulation Authority (PRA) today published a regulatory digest for the month of July. The digest is for people interested in the UK financial services industry and highlights key regulatory news and publications delivered for the month. This month’s top news and publications include: PRA issues structural reform and operational continuity publications PRA statement on adjustments to firms’ PRA buffers and letter to firms Analysis and …

PRA publishes latest monthly regulatory update Read More »

FSB briefs on regulatory priorities including systemic implications stemming from FinTech

Leave a Comment / Uncategorised / By Planet Compliance

The Financial Stability Board (FSB) today published a letter from Mark Carney, Chair of the FSB, which was sent to G20 Finance Ministers and Central Bank Governors ahead of their meeting in Chengdu on 23-24 July. In the letter, the FSB Chair notes that, thus far this year, the global economy and financial system have …

FSB briefs on regulatory priorities including systemic implications stemming from FinTech Read More »

Bank of England consults on establishment of Enforcement Decision Making Committee

Leave a Comment / Uncategorised / By Planet Compliance

The Bank of England today published a consultation paper on the Establishment of the Enforcement Decision Making Committee – CP/EDMC2016. This consultation paper (CP) sets out the Bank of England (the Bank) and the PRA’s proposal for the establishment of a unified Enforcement Decision Making Committee (EDMC) to take decisions in respect of: (1) the PRA; (2) …

Bank of England consults on establishment of Enforcement Decision Making Committee Read More »

FSB discusses current vulnerabilities and priorities for financial markets

Leave a Comment / Uncategorised / By Planet Compliance

The Financial Stability Board (FSB) met in Chengdu today to discuss current vulnerabilities and progress in addressing priority areas and deliverables for the G20 Leaders’ Summit in Hangzhou in September, including: Supporting the full, timely and consistent implementation of post-crisis reforms, while remaining ready to address any material unintended consequences. Addressing new and emerging vulnerabilities …

FSB discusses current vulnerabilities and priorities for financial markets Read More »

Regulator notes progress in convergence of supervisory practices across the EU

Leave a Comment / Uncategorised / By Planet Compliance

The European Banking Authority (EBA) published today its second annual Report on the convergence of supervisory practices across the EU. The Report, which is addressed to the EU Parliament and the Council, reviews consistency in the application of the Supervisory Review and Evaluation Process (SREP) and supervisory practices in the assessment of recovery plans. The …

Regulator notes progress in convergence of supervisory practices across the EU Read More »

FCA publishes Annual Report 2015/16 and report of its competition activities since 2013

Leave a Comment / Uncategorised / By Planet Compliance

The Financial Conduct Authority (FCA) has today published its third Annual Report, which looks back on the key pieces of work undertaken by the organisation throughout 2015/16. The FCA has also published a report summarising the activities it has undertaken to promote competition in financial services in its first three years. The Annual Report details …

FCA publishes Annual Report 2015/16 and report of its competition activities since 2013 Read More »

PRA reports on Structural reform and operational continuity

Leave a Comment / Articles / By Planet Compliance

On 7 July 2016 the Prudential Regulation Authority (PRA) issued the following publications on structural reform and operational continuity: 1) The implementation of ring-fencing: prudential requirements, intragroup arrangements and use of financial market infrastructures – PS20/16. This policy statement (PS) provides feedback on responses received to Consultation Paper (CP) 37/15 ‘The implementation of ring-fencing: prudential …

PRA reports on Structural reform and operational continuity Read More »

Brexit: EU legislation remains applicable UK regulators remind firms

1 Comment / Uncategorised / By Planet Compliance

UK regulatory authorities have released statements in respect of the result on the European Union referendum and the next steps following the UK’s decision to leave the EU, aiming to reaffirm the public that regulators will do everything to ensure stability and emphasizing that EU rules remain applicable in the UK for the time being. …

Brexit: EU legislation remains applicable UK regulators remind firms Read More »

Regulatory Reform

European regulators highlight main risks for the EU financial system

FCA publishes policy development update

PRA publishes latest monthly regulatory update

FSB briefs on regulatory priorities including systemic implications stemming from FinTech

Bank of England consults on establishment of Enforcement Decision Making Committee

FSB discusses current vulnerabilities and priorities for financial markets

Regulator notes progress in convergence of supervisory practices across the EU

FCA publishes Annual Report 2015/16 and report of its competition activities since 2013

PRA reports on Structural reform and operational continuity

Brexit: EU legislation remains applicable UK regulators remind firms

Get in Touch

Site links

Menu

Add Article