Welcome to the winter 2021/22 edition of our Banking Sector – Hot Topics series. This edition discusses some of the key developments currently affecting the sector, including:
- UK regulatory reform and changes to the UK banking prudential regime, which both focus on achieving growth and increased competition in the sector
- Sustainability and ESG factors which are now, following COP26, centre stage for banking firms
- LIBOR transition, which is reaching its culmination at the end of 2021.
It also covers other developments in brief on which more activity should be seen in 2022, including operational resilience, digital financial services and transactional activity.
Please do contact us if you would like to discuss any of the areas covered in this edition, or any other legal or regulatory development affecting your business.