19 Apr 2024

Financial Regulation Weekly Bulletin - 18 April 2024

Includes developments in relation to: financial data access; DORA; cyber resilience; transition plans; climate scenario analysis; EDIS; MREL reforms; ISO 20022 migration; motor finance complaints; matching adjustment reforms; and APP scams.

 

Click on the headings below to access each section:

 

 

General

  • Legislative proposal for a framework for financial data access - ECON votes to adopt draft report on proposed Regulation
  • DORA - ESAs launch consultation on joint examination teams
  • Macroprudential tools for cyber resilience - ESRB publishes report
  • FCA and Bank of England - HMT publishes MoU
  • Transition plans - NGFS publishes package of reports

 

Banking and Finance

  • Climate scenario analysis - BCBS publishes discussion paper
  • EDIS Regulation - ECON adopts report
  • MREL reforms - Council publishes adopted text of proposed Directive
  • ISO 20022 migration - Bank of England publishes policy statement and consultation paper
  • Innovation in UK payments - Bank of England publishes speech
  • Motor finance complaints - FCA publishes statement and Dear CEO letter

 

Securities and Markets

  • Enhancing liquidity preparedness for margin and collateral calls - FSB launches consultation report
  • IOSCO publishes 2024-2025 work plan

 

Asset Management

  • Applying for authorisation in the asset management sector - FCA publishes guidance

 

Insurance

  • Matching adjustment reforms - PRA publishes statement

 

Financial Crime

  • Authorised push payment scams - PSR launches consultation into reimbursement requirement

 

 

This material is provided for general information only. It does not constitute legal or other professional advice.

Contact Information
Selmin Hakki
PSL Counsel at Slaughter and May