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  • Article

    UK Countercyclical Buffer Rate Increased From 2017

    On March 29, 2016, the Financial Policy Committee of the BoE published a Statement from its policy meeting on March 23, 2016.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Draft Regulations Restricting The Assignment Of Receivables Published

    On July 6, 2018, the draft Business Contract Terms (Assignment of Receivables) Regulations 2018 were laid before Parliament. The draft Regulations will invalidate terms in business contracts ...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
Article

UK FATCA - Guernsey And Jersey Sign Automatic Exchange Of Information Agreement With The UK

Under the Agreements, which are broadly identical to the UK-Isle of Man Agreement signed on 15 October 2013, the parties will automatically share prescribed information regarding residents of the other jurisdiction, on a reciprocal basis.
United KingdomFinance and Banking
Deloitte
Deloitte
  • Article

    UK Financial Conduct Authority Consults Improving Disclosure To Fund Investors By Authorized Fund Managers

    On April 5, 2018, the FCA published a second consultation paper on remedies arising out of the AMMS. This consultation concerns improving disclosure by AFMs to their investors ...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Financial Conduct Authority Highlights Firms' Failings In Providing And Distributing Contracts For Difference

    On January 10, 2018, the Financial Conduct Authority published a "Dear CEO" letter that was sent to firms that offer contracts for difference products to retail customers on either an advisory or discretionary...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Financial Conduct Authority Issues Guidance On Managing Risks From Performance Management

    On July 27, 2015, the Financial Conduct Authority published final guidance for firms on risks to customers from performance management.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Financial Conduct Authority Proposes Changes To Financial Services Compensation Scheme Levies And Rules

    On December 14, 2016, the FCA launched a consultation on the future funding of the FSCS as well as changes to the FSCS rules.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Financial Conduct Authority Proposes Handbook Changes To Implement The European Money Market Funds Regulation

    On January 24, 2018, the FCA launched a consultation on necessary changes to its Handbook for the functioning of the Money Market Funds Regulation, which came into force on July 21, 2017.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Government Proposes Changes For Implementation Of The Bank Recovery And Resolution Directive

    The proposals would amend the Banking Act 2009, the Financial Services and Markets Act 2000 and certain secondary legislation and a draft Order was published with the consultation paper.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Government Publishes Final Draft Regulations On Pension Liabilities Of Ring-Fenced Bodies

    The final draft Regulations have now been put before Parliament.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK HM Treasury Publishes Outcome Of Its Consultation On Leverage Ratio Framework

    On February 2, 2015, HM Treasury published the outcome to its consultation on the leverage ratio framework.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Legislation On Unregulated And Regulated Activities

    On March 16, 2016, The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2016 was made.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Legislation Published To Permit Islamic Bonds To Be Traded On More Venues

    On July 10, 2018, the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2018 was made and came into force on July 11, 2018.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Moves To A New Financial Regulatory Model

    As we've discussed in the past, the UK financial regulatory universe is undergoing, in the words of Financial Services Authority Chairman Adair Turner, a "major shift in philosophy".
    United KingdomFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    UK Payment Systems Regulator Publishes Guidance On Its Concurrent Competition Powers

    On August 13, 2015, the UK Payment Systems Regulator published final guidance on its concurrent competition powers and on its approach to market reviews.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Payment Systems Regulator Publishes Interim Outcome Of Review Into The Supply Of Indirect Access To Payment Systems

    On March 10, 2016, the UK Payment Systems Regulator published its interim report relating to its market review into the supply of indirect access to payment systems.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK PRA And FCA Publish Final Policy On Implementing The FPC's LTI Ratios

    The FPC noted that acting against the excessive indebtedness caused by a high number of mortgages with high LTI ratios will make the financial system more stable.
    United KingdomFinance and Banking
    Orrick
    Orrick
  • Article

    UK Prudential Regulation Authority Consults On Board Responsibilities

    On May 21, 2015, the PRA published a consultation paper which includes a draft supervisory statement on the PRA's expectations for board governance.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Prudential Regulation Authority Publishes Further Rulebook Parts And Supervisory Statements

    On August 3, 2015, the PRA published a Policy Statement which sets out further rules that have been migrated from the joint FCA/PRA Handbook to the PRA's Rulebook.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    UK Prudential Regulation Authority Publishes Rules On Depositor Protection

    The PRA announced on July 3, 2015 that the existing £85,000 level of deposit protection will change to £75,000 after December 31, 2015.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Showing 841–860 of 9076 results

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