Regulatory RelationsRSS

EY says banks and regulators need to quickly adapt to emerging risks

With much of the global standard setting complete, EY warns in its 2019 regulatory outlook that the industry faces risks around market fragmentation and from greater digitisation 

IIF urges global standard setters to urgently address market fragmentation

Diverging interpretations of global standards and national regulatory initiatives are damaging global markets says the IIF, which is calling on the G20 and the FSB to take urgent action to reverse the slide towards greater global fragmentation

FINRA outlines its 2019 priorities with heavy emphasis on technology

FINRA has outlined its 2019 priorities, which include the use of regtech, online platforms, credit risks and investor suitability requirements

UK signs continuity agreement with Switzerland covering insurance services

The UK has signed an agreement with Switzerland to preserve the continuity of insurance business between the two countries after the former leaves the EU

EU-Swiss accord remains deadlocked

The EU and Switzerland are struggling to agree a new bilateral agreement covering areas ranging from financial services through to the free movement of people with some commentators believing the draft agreement to be dead

UK regulators demand emergency powers in case of ‘no-deal’ Brexit

Demands by regulators for unprecedented emergency powers to deal with a ‘no-deal’ Brexit raised concerns with UK law makers that it could create a democratic deficit

Ashley Alder

Brexit could set tone for cross-border regulatory arrangements

Any EU/UK deal on financial services could significantly influence how other jurisdictions recognise third country financial services providers. By Justin Pugsley.

EU to significantly toughen oversight of investment firms

The European Council has decided that larger investment firms will be subject to greater regulatory requirements while those based in third countries and operating in the EU will see more intrusive oversight from the Union

ESAs looking at appropriate steps for promoting common EU approach towards fintech

The rapid growth in initiatives across the EU designed to foster fintech has prompted the three European Supervisory Authorities to release a paper on best practices and also to signal that they are considering coming up with a common EU approach to the sector

FINRA makes proposals to SEC over dispute resolution rules

FINRA lobbies SEC to make changes over two rules relating to disputes and resolutions