FCA trims SM&CR: streamlining or a new culture risk?
The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...
Why banks face a 24-hour reckoning under new SRB liquidity rules
The Single Resolution Board's (SRB) consultation on its updated Operational Guidance on Liquidity and Funding in Resolution goes well beyond a tidying-up exercise. It...
Digital euro cleared by EU committee in payments power shift
The European Parliament's Economic and Monetary Affairs Committee has approved the digital euro, a central bank-backed digital currency designed to reduce Europe's dependence on...
EBA aligns Pillar 3 framework with EU green agenda
The European Banking Authority (EBA), the EU's banking regulatory body, has published final draft Implementing Technical Standards (ITS) that overhaul its Pillar 3 disclosure...
From IReF roadmap to reality: the clock is ticking
The European Central Bank's publication of its official IReF implementation timeline marks a turning point for the European banking sector. Strategic planning must now...
Euro area banks face unified reporting overhaul
The European Central Bank (ECB), the central bank of the eurozone and key institution of the European System of Central Banks, has published a...
SFC warns brokers over mainland investor due diligence
Hong Kong's Securities and Futures Commission (SFC), the city's financial markets regulator, has issued a formal circular to licensed securities brokers after a review...
Parliament receives landmark UK financial services reform bill
The UK government has introduced the Financial Services and Markets Bill to Parliament, a sweeping piece of legislation designed to modernise sector regulation, strengthen...
PRA consults on shared services to ease compliance burden
The Prudential Regulation Authority (PRA), the UK's banking regulator, is planning to consult on changes to shared operational services rules for ring-fenced banks, a...
UK regulators warn firms on AI-driven cyber risks
The Bank of England, the Financial Conduct Authority (FCA) and HM Treasury have issued a joint statement warning that frontier AI models pose a...













