News & Analysis as of

United Kingdom Reporting Requirements Financial Regulatory Reform

A&O Shearman

FCA publishes consultation on streamlining complaints data reporting

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The UK Financial Conduct Authority (FCA) has published a consultation paper (CP25/13), with a press release and updated webpage, proposing the improvement of complaints reporting process as part of its five-year strategy to...more

Skadden, Arps, Slate, Meagher & Flom LLP

PRA Announces Updates to Approach of Responsible Openness to International Banks

On 20 May 2025, the UK Prudential Regulation Authority (PRA) published a policy statement (PS6/25) on business conducted within branches of international banks operating in the UK, as well as its booking model expectations...more

Latham & Watkins LLP

EU Listing Act - Regulatory Divergence Between EU and UK MAR

Latham & Watkins LLP on

Until recently, the UK and EU post-Brexit market abuse regimes remained substantially aligned. However, the passing of the EU Listing Act reforms in 2024 has meant that UK and EU MAR have started to diverge meaningfully for...more

A&O Shearman

FCA announces changes to simplify supervisory communications

A&O Shearman on

The UK Financial Conduct Authority (FCA) has announced it will no longer be issuing and publishing portfolio letters from 30 April. Instead, these will be replaced with a small number of market reports. The market reports...more

Hogan Lovells

The FCA’s five year strategy (2025-2030)

Hogan Lovells on

The FCA has published a Strategy Paper, outlining its strategy for the next five years. The FCA says it will focus on four priorities: (i) being a smarter regulator; (ii) supporting sustained economic growth; (iii) helping...more

A&O Shearman

PSR publishes policy statement on 2024 APP scams data

A&O Shearman on

The UK Payment Systems Regulator (PSR) has published a policy statement outlining its approach to publishing authorised push payment (APP) scams data for 2024. In 2025, the PSR will take a different approach to publishing...more

Latham & Watkins LLP

FCA Sets Out Findings From Review of Firms’ Treatment of Vulnerable Customers

Latham & Watkins LLP on

The regulator found many examples of good practice, but also published further guidance and case studies to help firms address areas for improvement....more

Paul Hastings LLP

UK Equity Capital Markets Insights — March 2025 - UPDATED

Paul Hastings LLP on

The end of 2024 and start of 2025 saw a flurry of activity and publications from the FCA, with the UK financial markets regulator continuing to consult on, and revise, its rulebooks, including to advance a more attractive and...more

Latham & Watkins LLP

FCA Updates on Growth and the Consumer Duty

Latham & Watkins LLP on

Speech focuses on the regulatory change agenda, and confirms that firms are no longer expected to have a Consumer Duty board champion. On 27 February 2025, the FCA published a speech given by Nikhil Rathi, in which he...more

A&O Shearman

UK Financial Conduct Authority to consult on new short selling rules in Q3 2025

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The Financial Conduct Authority (FCA) has updated its webpage on the notification and disclosure of net short positions, providing an update on short selling. Following the publication of the Short Selling Regulations 2025 in...more

A&O Shearman

UK Prudential Regulation Authority policy statement on simplifying firm-specific capital communications

A&O Shearman on

The Prudential Regulation Authority (PRA) published a policy statement (PS2/25) on streamlining firm-specific capital communications which simplifies the content and process of the firm-specific capital communications used to...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 19

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

A&O Shearman

UK Financial Conduct Authority policy statement on reforming commodity derivatives regulatory framework

A&O Shearman on

The Financial Conduct Authority (FCA) has published a policy statement (PS25/1) on reforming the commodity derivatives regulatory framework. The policy statement sets out the FCA's response to feedback on its consultation...more

A&O Shearman

UK Financial Conduct Authority consults on further proposals for firms operating public offer platforms

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The Financial Conduct Authority (FCA) has published a consultation paper (CP25/3) on further proposals to support the implementation and operation of the new public offer platforms (POP) regime. This regime is designed to...more

A&O Shearman

UK Prudential Regulation Authority responds to Government on enhancing sustainable economic growth

A&O Shearman on

The Prudential Regulation Authority has published a letter (dated January 15, 2025) from Sam Woods, PRA Deputy Governor and CEO, to the Government setting out the actions the PRA has taken, and will take, with a view to...more

A&O Shearman

UK Short Selling Regulations 2025 published

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The Short Selling Regulations 2025 were made and published on legislation.gov.uk, alongside an explanatory memorandum. The regulations replace assimilated law (including the U.K. Short Selling Regulation) and establish a new...more

A&O Shearman

UK Prudential Regulation Authority finalizes amendments to resolution assessment reporting and disclosure dates

A&O Shearman on

The Prudential Regulation Authority has published a policy statement on amendments to resolution assessment reporting and disclosure dates. The statement provides feedback to responses the PRA received to its consultation...more

A&O Shearman

Operational Incident Reporting: UK Financial Regulators Propose New Rules

A&O Shearman on

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are consulting on proposals to require firms to report operational incidents and material third party arrangements. In the face...more

A&O Shearman

Regulatory monitoring - December 2024

A&O Shearman on

1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) International - FSB: Plenary December 2024 - Status: Final - The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of...more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG: A Review of 2024 and Key Trends To Look for in 2025

In this article, we reflect on key trends in ESG over the second half of 2024 and look ahead at trends that may emerge in 2025. We analyze developments in the latter half of 2024, which were similar to those highlighted in...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: A Guide to Solvency II – Chapter 13: Supervision

1. The Supervision Regime - Proportionality - The supervision regime is built on the principle of “proportionality,” in an effort to ensure that supervision remains effective and meets its underlying purposes without...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Announces Powers of New Trade Sanctions Enforcement Agency

On 12 September 2024, the UK government published The Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (Regulations) which, among other things, set out the powers of the new Office of Trade...more

Proskauer - Regulatory & Compliance

FRC Announces Interim Changes to UK Stewardship Code Reporting Requirements

On 22 July 2024, the Financial Reporting Council (“FRC”) announced interim changes to the reporting requirements for existing signatories to the UK Stewardship Code. These updates precede any updates arising from a wider...more

Jones Day

CRD VI and the New EU Third-Country Branch Regime: Harmonization Means Restricted Access

Jones Day on

The Situation: The European Union ("EU") banking legislation has been substantially reviewed and provides notably for a new regime applicable to cross-border activities from non-EU jurisdictions....more

White & Case LLP

FRC publishes new UK Corporate Governance Code

White & Case LLP on

On 22 January 2024, the Financial Reporting Council ("FRC") published its much-anticipated revisions to the UK Corporate Governance Code. The publication of the 2024 UK Corporate Governance Code (“2024 Code”) follows a...more

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