15 Sep 2023
Includes developments in relation to: financial promotions; complaints; green taxonomy; leveraged loans and CLOs; Insolvency II; MREL reform; CCD II; and Defined Benefits pension schemes.
Click on the headings below to access each section:
Adjusting SME size criteria - European Commission announces initiative
Gateway for firms who approve financial promotions - FCA publishes Policy Statement (PS23/13) and new webpage
Complaints to the FOS - Data for Q1 2023/24 published
Implementation of SFDR - European Commission launches consultation
Green financial products and data reporting - GTAG publishes advice
International collaboration and modernisation of UK financial services regulation - FCA publishes speech
The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2023
Banking and Finance
Leveraged loans and CLOs - ISOCO publishes consultation report on good practices
MREL reforms - ECON publishes draft report
Consumer Credit Directive II - European Parliament votes to adopt new rules
Supervisory work in wholesale banking - FCA publishes Dear CEO letter
Later-life mortgages - FCA publishes multi-firm review findings
Defined Benefit pension scheme consolidation - Work and Pensions Committee publishes letter to PRA
Dealing with insurers in financial difficulties - PRA publishes Policy Statement (PS12/23)
Pension transfer advice failings - FCA publishes Final Notices
This material is provided for general information only. It does not constitute legal or other professional advice.
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