03 Dec 2021

Financial Regulation Weekly Bulletin - 2 December 2021

Includes developments in relation to: UK IFPR; UK MiFID; Solvency II Review; Pension Wise guidance; and transfers of cryptoassets

Click on the headings below to access each section:

General

  • PRA Rulebook website updates - PRA publishes Discussion Paper (DP3/21)
  • Streamlining decision making - FCA publishes Policy Statement (PS21/16)
  • Primary Market Effectiveness Review - FCA publishes Policy Statement (PS21/22)
  • 2021 Periodic Review - FOS publishes action plan

Banking and Finance

  • Crisis management groups of G-SIBs - FSB publishes report
  • EU banking macroprudential framework - European Commission publishes targeted consultation and call for evidence
  • CRD IV - Commission Implementing Regulation on benchmark portfolios and reporting published in OJ
  • Resolvability and crisis readiness – SRB publishes 2022 work programme
  • OCIR - SRB publishes updated operational guidance
  • Solvent wind-down of trading books - SRB publishes guidance
  • Strong customer authentication - FCA publishes Policy Statement (PS21/19)
  • Mortgage Prisoners Review published by FCA

Securities and Markets

  • Client clearing access and portability - CPMI and IOSCO publish joint Discussion Paper
  • SFDR - ESMA publishes letter to European Commission
  • CSDR - ESMA announces future data publication to enable CSDs to apply cash
  • UK IFPR - FCA publishes third Policy Statement (PS21/17)
  • CMC charges - FCA publishes Policy Statement (PS21/18)
  • UK MiFID - FCA publishes Policy Statement (PS21/20)

Insurance

  • Product oversight and governance - EIOPA publishes Supervisory Statement
  • Solvency II Review - Bank of England publishes speech on policyholder protection
  • Pension Wise guidance - FCA publishes Policy Statement (PS21/21)

Financial Crime

  • Transfers of cryptoassets - ECB Opinion and Council mandate on traceability requirements published
Contact Information
Selmin Hakki
Senior PSL at Slaughter and May