GRIP2 min read
Julie DiMauro35 min listen
GRIP2 min read
New regime comes into effect in early 2026.
Ash Saluja | CMS, Tom Callaby | CMS, Ben Maconick | CMS5 min read
If endorsed, the use of these standards in reporting would initially be voluntary, but may become mandatory.
Voluntary UK Stewardship Code is widely adopted in the asset management industry.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS3 min read
A guide to PRA’s final rules and policy on its approach to branch and subsidiary supervision.
Tom Callaby | CMS, Ben Maconick | CMS4 min read
The amendments will ease the compliance burden on benchmark administrators inside the EU, and non-EU who provide benchmarks for use within the EU.
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.
The consultation is relevant to PRA-authorized banks, building societies and designated UK investment firms.
Tom Callaby | CMS, Ben Maconick | CMS, Ash Saluja | CMS3 min read
The proposed rules would only apply to MIFIDPRU investment firms, with announcements due for market making/principal trading firms.
Tom Callaby | CMS, Ben Maconick | CMS, Ash Saluja | CMS8 min read