05 Nov 2021

Financial Regulation Weekly Bulletin - 4 November 2021

Includes developments in relation to: net zero transition; ESG disclosures; anti-money laundering; and Covid-19.

Click on the headings below to access each section:

General

  • Net zero and transition plans – HM Treasury publishes press release and fact sheet on COP26 Finance Day
  • Regulatory Initiatives Grid – FCA publishes update
  • Regulatory Initiatives Grid – FCA publishes update

 

Banking and Finance

  • Market review of card acquiring services – PSR publishes final report

 

Securities and Markets

  • International Platform on Sustainable Disclosure – European Commission publishes report on status of ESG disclosures
  • Sustainable finance – IFRS Foundation announces establishment of the International Sustainability Standards Board and publication of prototype disclosure requirements

 

Asset Management

  • Recommendations on sustainability-related practices in asset management – IOSCO publishes final report
  • Sustainable Disclosure Requirements and Investment Labels – FCA publishes Discussion Paper (DP21/4)

 

Insurance

  • Insurance supervision and climate change – IAIS commits to amplify its response

 

Financial Crime

  • AML/CTF controls in overseas jurisdictions – HM Treasury updates advisory notice

 

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