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ARTICLE · 16 AUGUST 2024

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Regulation Round Up - July 2024

Proskauer Rose LLP
Proskauer Rose LLP
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Proskauer Rose LLP

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Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

European UnionFinance and Banking

Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

Key developments in July 2024:

31 July

Consumer Duty: The FCA published a speech by Sheldon Mills, FCA Executive Director of Consumers and Competition, on the Consumer Duty, which is now in force across all of retail financial services.

International Competitiveness: The Bank of England published a report from the Independent Evaluation Office evaluating the PRA's approach to its secondary competitiveness and growth objective.

30 July

Payments: The Bank of England published a discussion paper setting out its proposed approach to innovation in money and payments.

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