On 29 September 2023, the European Commission published Commission Delegated Regulation (EU) of 29 September 2023 supplementing Regulation (EU) 2020/1503 of the European Parliament and of the Council with regard to regulatory technical standards specifying requirements on credit scoring of
Financial services: Regulation tomorrow
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PRA statement on the evaluation of the Written Auditor reporting policy
On 29 September 2023, the PRA issued a statement setting out its conclusions following an evaluation of the Written Auditor reporting policy, to assess how it is delivering against its original objectives. The statement also sets out how the PRA…
New Regulation Tomorrow Plus podcast: The Consumer Duty and our new Pathfinder tool
In our latest Regulation Tomorrow Plus podcast, Matthew Gregory, Joe Bamford and Anita Edwards discuss the Consumer Duty, which is now in force for all on-sale products and services, and our new Pathfinder tool which has been developed to…
Handbook Notice No 112
On 29 September 2023, the FCA published Handbook Notice No 112.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under its legislative and other statutory powers on 28 September…
FCA Dear CEO letter on its platforms’ portfolio supervision strategy
On 29 September 2023, the FCA published a Dear CEO letter on its platforms’ portfolio supervision strategy.
Following the FCA’s strategy letters of February 2020 and July 2021, this Dear CEO letter provides firms with an update on the FCA’s…
Published in the OJ: Commission Implementing Regulation 2023/2083 with regard to the templates to be used by credit institutions for the provision to buyers of information on their credit exposures in the banking book
On 29 September 2023, there was published in the Official Journal of the European Union (OJ) Commission Implementing Regulation (EU) 2023/2083 of 26 September 2023 laying down implementing technical standards for the application of Article 16(1) of the Credit…
New Regulation Tomorrow Plus podcast: FCA policy statement on the new gateway for firms approving financial promotions (PS23/13)
On 12 September 2023, the FCA published policy statement PS23/13 on the new regulatory gateway for firms that approve financial promotions. In this latest Regulation Tomorrow Plus podcast, Hannah Meakin, Georgia Jones and Anita Edwards discuss the FCA’s plans…
Public consultation for DNB’s Good Practices for electronic money institutions and payment institutions regarding intra-group relationships
On 18 September 2023, the Dutch Central Bank (De Nederlandsche Bank, DNB) launched a public consultation on the draft ‘Good Practices Intra-Group Relationships’ applicable to e-money institutions and payment institutions. The consultation is open until 17 November 2023.
According…
Council commences discussions on digital euro proposal
On 25 September 2023, the Council of the European Union (Council) Working Group on Financial Services held a discussion on the European Commission (Commission) proposal on the establishment of a digital euro.
Since 2021, the Commission and the European Central…
ESAs publish joint report on the extent of voluntary disclosure of principal adverse impacts under SFDR
On 28 September 2023, the European Supervisory Authorities (ESAs) published their second joint report on the extent of voluntary disclosure of principal adverse impacts (PAI) under the Sustainable Finance Disclosure Regulation (SFDR).
Like the approach taken for the first report…