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This week's edition of Financial Services weekly highlights includes: BoE addresses MREL framework in letter to HoL FSR Committee; ESMA releases new governance framework to supervise EU shift to T+1 settlement cycle; WFE sets out its priorities for the exchange and clearing industry; plus dates for your diary over the coming week.
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This week's edition of Financial Services weekly highlights includes: the FCA’s eight portfolio letters on implementation of the Consumer Duty; HM Treasury’s proposed exemption for crypto promotions; HM Treasury’s and the BoE’s plans for a ‘digital pound’; the PRA’s proposals for dealing with
This week's edition of Financial Services weekly highlights includes: publication of the updated Regulatory Initiatives Grid by UK regulators; the launch of the FCA’s British Steel pension redress scheme; final changes to reporting requirements, data quality and registration of trade repositories
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give
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