In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for March 2021.
Tag: IFPR
February 2021: The month ahead in financial services regulatory developments…
In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for February 2021. Continue reading
FCA publishes first consultation paper on Investment Firm Prudential Regime
Following the publication of DP20/2: Prudential Requirements for MiFID Investment Firms in June 2020 (see our blog post), the FCA has now published its consultation on the new UK prudential regime for MiFID investment firms (IFPR) (CP20/24). Continue reading
“Keep it Strong and Simple”: PRA speech on proposals for new post-Brexit prudential regime
On 12 November, Sam Woods (CEO of the PRA) used his Mansion House speech (the Speech) to discuss the merits of introducing a new “strong and simple” regime of prudential regulation for small banks and building societies in the wake of the UK’s exit from the EU, as well as providing some general commentary on the PRA’s post-Brexit approach.
FCA and PRA consult on remuneration provisions for Banks and Credit Institutions
The FCA and PRA have now both published their Consultation Papers on the implementation of the remuneration provisions of the revised Capital Requirements Directive (referred to as CRD5), which will apply in the UK and the EU from 29 December 2020. Continue reading