The UK’S Retained EU Law Bill – what do you need to know?

Much has been written about the Retained EU law (Revocation and Reform) Bill (the 'Bill'), which is currently going through Parliament. This Bill is the latest in the line of legal developments since a majority of the UK voted to leave the European Union in June 2016. Approaching seven years later, what is clear is how difficult the process of unwinding our body of law from that of the EU has been. In this post we aim to keep things simple and focus on some key issues, Read more

2022 Global Bank Review – Banking on People

We are excited to announce the launch of the 2022 Global Bank Review: Banking on People. Surveying the current landscape of the financial sector in late 2022, it is hard to avoid the sense of an industry once again facing a severe squeeze. One thing is certain: global finance is currently facing mounting pressure to invest long-term for a low-carbon, high-tech world in the decades to come, while bracing itself for intense economic headwinds and volatility on the immediate horizon. Read more

Global FSR Outlook 2022: Anticipating change, being prepared

We are pleased to announce the launch of our Global FSR Outlook 2022. In this annual publication, our FSR team surveys the regulatory landscape for 2022 and identifies themes that we expect to be at the core of regulatory priorities globally over the next 12 months.
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MAS proposes to extend cross-border business exemption to foreign head offices and branches

On 15 March 2021, the Monetary Authority of Singapore (MAS) issued a consultation paper inviting comments on the proposed exemption framework (Branch Framework) for cross-border business arrangements between financial institutions in Singapore (Singapore FIs) which are head offices or branches (Singapore Offices) and their respective foreign branches or head offices (Foreign Offices). Read more