Financial Regulation Weekly Bulletin - 14 March 2024

Click on the headings below to access each section:

General

• Sexism in the City inquiry - Treasury Select Committee publishes report
• Use of synthetic data in financial services - FCA publishes report
• Cryptoasset-backed ETNs - FCA publishes statement on position for professional investors
• Consumers, markets and competitiveness - FCA publishes speech
• Increased award limits - announced by the FOS

Banking and Finance

• The Payment Services (Amendment) Regulations 2024 - HM Treasury publishes near-final draft statutory instrument and policy note
• The Payment Services and Payment Accounts (Contract Terminations) (Amendment) Regulations 2024 - HM Treasury publishes near-final draft statutory instrument and policy note
• Solvent exit planning for non-systemic banks and building societies - PRA publishes Policy Statement (PS5/24)

Insurance

• EU-wide strategic supervisory priorities for 2024-2026 - EIOPA publishes report
• The future of pensions - FCA publishes speech

Financial Crime

• MLD 4 - European Commission publishes report on implementation
• MLD 4 - European Commission adopts Commission Delegated Regulation amending the list of high-risk third countries
• Improving the effectiveness of the MLRs - HM Treasury launches consultation

Enforcement

• British Steel Pension Scheme - FCA fines financial advice firm and bans individuals for DB pension transfer advice and oversight failings