-
FCA policy statement PS25/4: Investment research payment optionality for fund managers
New framework offers greater flexibility, but it remains to be seen how many fund managers will take up joint payment options, given the guardrails in place.
-
MiFID onshoring continued: PRA Consultation Paper CP9/25
The consultation is relevant to PRA-authorized banks, building societies and designated UK investment firms.
-
Simplifying the Regulatory Capital Regime for FCA investment firms: FCA CP25/10
The proposed rules would only apply to MIFIDPRU investment firms, with announcements due for market making/principal trading firms.
-
FCA’s second consultation on Consumer Composite Investments explained
The proposed CCI regime aims to replace the PRIIPs regime and certain UCITS disclosure requirements.
-
PRA consults on updates to its approach to International Banks
Clarification on specific aspects of the PRA’s existing approach to risk management and remote booking.
-
FCA consults on payment optionality for Investment Research – a new ‘bundled’ approach
The FCA has put forward plans for a new way to pay for investment research.
-
10 things you need to know about PISCES
The new UK Private Intermittent Securities and Exchange System (PISCES) is a platform for secondary trading in freely transferable shares issued by UK or non-UK companies.
-
Switzerland and the UK sign agreement on mutual recognition in financial services
The Berne Agreement breaks new ground in the relationship between financial services in the UK and Switzerland.