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ARTICLE · 17 MAY 2013

Financial Regulatory Developments (FReD) - 26 April, 2013

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A summary of the most recent financial regulatory developments.

United KingdomFinance and Banking

Headlines

  • FSB updates on regulatory reform 
  • Council and EP agree MCD 
  • Lawmakers write to Lew on extra-territoriality 
  • UK raises legal challenge against FTT 
  • FCA publishes regulatory failure approach 
  • PRA publishes investigations policy

European Union and International

Financial Stability Board (FSB)

FSB updates on regulatory reform: FSB has reported to G20 on the progress of the regulatory reform programme. As usual, it summarises progress in each priority area. This report has particular emphasis on reforming resolution regimes and resolution planning for Global Systemically Important Financial Institutions (G-SIFIs). The G20 finance ministers and central bank governors welcomed the report. (Source: FSB Updates on Regulatory Reform)

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