Financial Regulation Weekly Bulletin - 4 May 2023

Click on the headings below to access each section:

General

• PRA Business Plan 2023/24 - strategy, priorities, and budget
• A new baseline financial resilience regulatory return - FCA publishes Policy Statement (PS23/3) and Consultation Paper (CP23/9**)
• Whistleblowing - FCA publishes qualitative assessment survey
• Annual Report and workplan - published by the DRCF
• Future financial services regulatory regime for cryptoassets - IRSG publishes memorandum in response to HM Treasury Consultation Paper and Call for Evidence

Banking and Finance

• Signposting tool for supervisory reporting - EBA publishes statement –
• CRD IV - EBA publishes report on convergence of supervisory practices
• Mutual sector - PRA publishes speech
• PSR regulatory fees - PSR publishes Policy Statement

Securities and Markets

• EMIR - ESMA updates third country CCP recognition decision
• MiFID II and MiFIR - annual transparency calculations - ESMA publishes results
• Euro Risk-Free Rates - Working Group on Euro Risk-Free Rates publishes Guidance for corporate lending products
• EMIR 3 - ECB publishes opinion
• Listing regime - FCA publishes Consultation Paper (CP23/10***) on effectiveness of UK primary markets
• Equity secondary markets - FCA publishes Policy Statement (PS23/4)

Insurance

• Role of insurance supervisors on natural catastrophe protection gaps - IAIS publishes statement
• Accepting pension transfer referrals from overseas advisers - FCA publishes new webpage

Financial Crime

• Fraud Strategy - published by Home Office

Enforcement

• Approach to enforcement - Bank of England and PRA publish Consultation Paper (CP9/23) to provide greater clarity on powers and processes