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ARTICLE · 05 SEPTEMBER 2023

Regulation Round Up - August 2023

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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.

United KingdomFinance 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 August 2023:

31 August

Wholesale Data: The Financial Conduct Authority ("FCA") published an update report on its wholesale data market study (MS231.4).

Investment Firms Directive: Commission Delegated Regulation (EU) 2023/1668 supplementing the Investment Firms Directive ((EU) 2019/2034) ("IFD") with regard to regulatory technical standards ("RTS") on Pillar 2 add-ons for investment firms was published in the Official Journal of the European Union.

29 August

FSMA 2023: The explanatory notes to the Financial Services and Markets Act 2023 ("FSMA 2023") were published on legislation.gov.uk.

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