Brexit
Please see our Brexit financial services webpage, which contains, amongst other things, tables detailing Brexit statutory instruments, equivalence decisions, EEA transitional regimes and UK regulators’ publications.
Capital Markets
Please see our Markets and Markets Infrastructure section for an update on the Council of the EU adopting amendments to MiFID II and the Prospectus Regulation in view of Covid-19.
Consumer/Retail
FCA consults on extending guidance on cancellations and refunds
On 12 February, the FCA published a consultation on guidance on cancellations and refunds, specifically regarding helping consumers with rights and routes to refunds. The FCA explains that on 2 October 2020, it published temporary guidance setting out its expectations for insurance providers and card providers to reduce consumer confusion and frustration by outlining its expectations of firms to provide more information and make the consumer journey easier. Currently, the guidance is ef