Financial Regulation Weekly Bulletin

Click on the headings below to access each section:

General

• Sustainable finance - EBA publishes roadmap
• Financial Services and Markets Bill - First reading in House of Lords and revised text published
• UK Financial Services - Edinburgh Reforms unveiled
• Building a smarter financial services framework for the UK - HM Treasury publishes Policy Statement
• Remit, recommendations and priorities for the FCA and the PRA - Letter sent by HM Treasury
• UK Green Taxonomy - House of Commons publishes statement
• Approaches to diversity and inclusion in financial services - FCA publishes multi-firm review
• Regulatory initiatives grid - FCA updates timeline
• Climate Financial Risk Forum - FCA updates webpage
• ESG and the FCA - New ESG Advisory Committee established
• Compensation framework review - FCA publishes Feedback Statement (FS22/5)
• Financial stability - FPC publishes Summary and Record of meetings
• Regulation of unbacked cryptoassets - UK Finance publishes report

Banking and Finance

• Basel III - BCBS publishes evaluation report
• Overall recovery capacity in recovery planning - EBA publishes Consultation Paper
• Transparency and level of fees and charges for retail banking products - EBA publishes thematic review
• Single Supervisory Mechanism - ECB publishes priorities for 2023-25
• Ring-fencing regime reform - HM Treasury responds to Ring-fencing and Proprietary Trading Independent Review
• Building Societies Act 1986 - HM Treasury responds to consultation
• Modernisation of consumer credit legislation - HM Treasury announces plans
• Payment Account Regulations - HM Treasury consults on proposed changes to information requirements
• Wholesale cash distribution - Bank of England publishes Consultation Paper on supervisory approach
• Statutory debt repayment plan - HM Treasury publishes response to Consultation Paper

Securities and Markets

• Review of the securitisation prudential framework - ESAs publish joint advice to the European Commission
• Wholesale markets reform - Investor reporting and other measures announced
• Review of the Short Selling Regulation - HM Treasury publishes call for evidence
• Primary Market Bulletin - published by the FCA
• LIBOR cessation - FCA publishes notice of first decision to IBA

Asset Management

• Liquidity management framework in open-ended funds
• A new retail disclosure framework - HM Treasury publishes Consultation Paper on repealing PRIIPs and FCA publishes Discussion Paper (DP22/6)

Insurance

• Individual insurer monitoring assessment methodology - IAIS publish Consultation Paper
• Framework for the assessment and mitigation of systemic risk and discontinuance of G-SIIs - FSB publishes statement
• Cost of living - FCA publishes Dear CEO letter to life insurers

Enforcement

• Publication of misleading information - FCA publishes Final Notice against bank and Decisions Notices against two individuals for breach of Listing Rules