UK Announces Final Reforms to Financial Services Retail ...

Financial Services Regulation 2024 - New Year briefing

The deadline for comments was 18 December 2023 and the FCA intends to publish a Policy Statement with the final rules in the second half of 2024 ...

The new UK Regulatory Framework: Planning for change in 2023

... AFME member firms of what the new UK Regulatory Framework and the Financial Services and Markets Bill means for their 2023 business planning.

Britain reviews financial rules to bolster City's global clout | Reuters

UK flags reviews in financial-crisis era reforms ... Britain had already set out initial reforms in its financial services and markets bill being ...

UK Prospectus Regime Reforms Approach Next Milestone

The Financial Services and Markets Act 2023, which received Royal Assent in June 2023, establishes a framework to revoke financial services ...

The Financial Services and Markets Act 2023: evolution or revolution?

At the heart of the reforms lies the FSMA model of regulation. Whilst this model is familiar to everyone, the reforms that are, or will be, delivered through ...

The impact on the UK's Financial Services sector after Labour's ...

The Labour Party's manifesto, with its broad promises of economic reform, tighter regulations, and a renewed focus on social equality, has ...

UK financial promotions: The new gateway and other reforms

In the Financial Services and Markets Act 2023 (FSMA 2023), which received Royal Assent in June this year, the Government legislated for a new ...

UK Government interventions in the financial sector 2007 to 2016

Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS) both announced they would join the scheme. Lloyds exited the scheme at the end of 2009 and RBS in ...

Industry reaction to Chancellor's Mansion House speech

We strongly agree there is a significant opportunity to further develop account-to-account payments in the UK in support of enabling greater ...

UK financial services sector on track for wave of consolidation

In the UK, the retail banking subsector has also been a key growth engine for financial services M&A. High-street banking giant Nationwide ...

FCA publishes final rules for access to cash regime

These proposals followed the granting to the FCA of a new remit and powers under the Financial Services and Markets Act 2023, to 'seek to ensure ...

UK Election Bulletin: What would a Labour government mean for ...

1. Tax · VAT on private school fees – as widely discussed in the press, Labour plans to introduce VAT on private school fees. · Reform of "non-dom ...

Building the UK's post-Brexit financial services regime – an update

Among other things, this signals the start of the next phase of its work, which will include developing the UK regimes for AIFMD, UCITS and, in ...

The Edinburgh Reforms: what they are and what they mean for ...

... Reforms” - an extensive package of regulatory reforms for the UK financial services sector ... services within the retail banking market.

The 'Edinburgh Reforms' show a renewed interest in financial ...

Sarah Hall examines the reforms announced last week by the Chancellor to financial services regulation, suggesting that the changes signal a ...

Financial Services: your guide to regulatory developments from Q1 ...

At the end of July, the scope of the Consumer Duty will be extended to apply to closed products and services, and by then firms must have ...

UK Government overhauls Solvency II - PwC UK

The Government expects that the package of reforms will enable insurers to increase investment in long-term productive assets and ensure that the UK maintains ...

How the UK proposes to implement Basel 3 Reforms - EY

... UK as the Bank of England announces major changes to regulatory capital ... Partner, Financial Services Consulting, Ernst & Young LLP; EY UK ...

Big Bang 20 The Edinburgh Reforms - Ashurst

On 9 December 2022, Chancellor of the Exchequer, Jeremy Hunt, outlined the Government's Financial Services Package designed to drive growth ...

The Edinburgh Reforms: six months on | Womble Bond Dickinson

... reforms proposed in the Financial Services and Markets Bill. ... Reforms were announced, and proposing a new "core investment advice" regime.