Financial Regulation Weekly Bulletin
Major UK and European regulatory developments of interest to banks, insurers and reinsurers, asset managers, and other market participants
View previous issuesWelcome to the Financial Regulation Weekly Bulletin. The bulletin provides a weekly update on Major UK and European regulatory developments of interest to banks, insurers and reinsurers, asset managers, and other market participants.
This week's edition includes developments in relation to:
- New committee on financial services regulation - recommended by House of Lords Liaison Committee
- PSR and PSD3 - ECON publishes draft reports
- Pension fund clearing exemption - HM Treasury calls for evidence
- Funded reinsurance - PRA consults in CP24/23
We hope this bulletin will be of interest. Please get in touch if you would like to discuss any of the below in more detail.
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Jan and Nick
Co-Heads Financial Institutions Group
This week's Spotlight
In this podcast, we reflect on the lessons learned from Phase 1 of consumer duty implementation, and the challenges that face firms for closed books ahead of 31 July 2024.
Our August 2023 banking and investment services column for Practical Law has been published, and can be found here. We consider the constantly evolving nature of financial regulation, the focus at UK and EU level on financial services firms' pricing strategies for consumer products and services, and getting the right balance in the regulatory relationship with artificial intelligence (AI) and explainability.
Our European Financial Institutions Blog brings you updates on legal and regulatory developments affecting financial institutions operating across Europe.
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