1 min read
Includes developments in relation to: non-financial misconduct; consumer technology; climate scenarios; EU macroprudential framework; IRRBB; Paris Agreement; RTGS; digital pound; ring-fencing; motor finance complaints; CRD IV; Solvency II; IRRD; and AML/CTF.
General
- Sexism in the City inquiry - Transcript of evidence published
- How to regulate consumer technology - FCA publishes speech
- Use of climate scenarios - NGFS publishes technical document
Banking and Finance
- Review of EU macroprudential framework for banks - Commission publishes report
- Interest rate risk in the banking book - EBA publishes heatmap outlining areas of scrutiny
- Alignment of banking sector with EU climate objectives - ECB publishes report
- Bank of England Levy (Amount of Levy Payable) Regulations 2024 - Draft laid before Parliament
- Real-Time Gross Settlement - Bank of England publishes speech
- The case for a digital pound - Bank of England and HM Treasury publish response to consultation
- Review of ring-fencing rules - Report published by PRA
- Motor finance complaints - FCA publishes new information
- Payments regulation initiatives - PSR publishes speech
Securities and Markets
- ITS on benchmarking of internal approaches under CRD IV - European Commission adopts amendments
Insurance
- Solvency II and IRRD - Final compromise texts published
- Diversification in internal models - EIOPA publishes study
- Climate-related protection gaps - EIOPA publishes speech
- Solvent exit planning for insurers - PRA launches consultation (CP2/24)
Financial Crime
- The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024
Enforcement
- Seiler and Whitestone v FCA, [2023] UKUT 00270 (TCC)