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Financial institutions general regulatory news, April 2021 # 3 | Hogan Lovells


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Recent regulatory developments of interest to most financial institutions, including updates from the UK government, PRA, FCA, JMLG and the European Commission. 
Contents
UK FinTech and financial services plans
LC&F compensation scheme and complaints to FCA
Lessons from Greensill Capital: Treasury Committee inquiry
Diversity: BoE launches Meeting Varied People initiative
PRA authorisations: updates on rule waivers and modifications and CRR and Solvency II permissions
UK Investment Firms Prudential Regime: FCA second consultation CP21/7
FCA transformation programme: update to HM Treasury
FCA appoints sustainability and technology directors
FCA regulated fees and levies for 2021/22: CP21/8 ....

United Kingdom , City Of , Garry Wilkinson , Nausicaa Delfas , John Glen , Hogan Lovells , Nikhil Rathi , David Cameron , Lex Greensill , Dave Ramsden , Charles Donald , Dame Elizabeth Gloster , Andrea Rosen , Raj Parker , Charles Randell , Mairead Mcguinness , Andrew Bailey , Julia Cavanagh , Caroline Wayman , Fintech Export Academy , Prudential Regulation Authority , Capital Markets Union , Analysis Division , Financial Ombudsman Service , International Bank Account Number , Treasury Committee ,

M Narasimham, father of banking reforms, dead - The Hindu BusinessLine


M Narasimham, father of banking reforms, dead
April 20, 2021
Maidavolu Narasimham×
Former Reserve Bank of India (RBI) Governor Maidavolu Narasimham passed away in Hyderabad on Tuesday. He was 94.
The recommendations of the two committees he headed – Committee on the Financial System, 1991 and the Committee of Banking Sector Reforms, 1998 – formed the bedrock of reforms in the Indian financial and banking sectors.
When the Emergency ended in 1977 and the new Janata Government was installed, it appointed Narasimham as Governor from May 2, 1977, to November 30, 1977.
Narasimham was the first and so far the only Governor to be appointed from the Reserve Bank cadre, having joined the central bank as a Research Officer in the Economic Department. ....

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Regulation Round Up - March 2021 | Proskauer Rose LLP


The European Commission published a 
30 March
FSB”) published a 
speech made by Randal Quarles, FSB Chair, that sets out details of the FSB s areas of focus for 2021.
European Securities and Markets Authority (“
ESMA”) published an updated version of its 
Q&As (ESMA34-32-352) on the application of the Alternative Investment Fund Managers Directive (EU/2011/61) (“
AIFMD”).
HM Treasury published a 
statement concerning the first meeting of the Joint Committee established under the UK-US bilateral agreement on insurance and reinsurance prudential measures.
ESMA published its 
final report (dated 23 March 2021) (ESMA74-362-1013) on reference data and transaction reporting obligations under the Markets in Financial Instruments Regulation (600/2014) (“ ....

United Kingdom , Mairead Mcguinness , Katharine Braddick , Andrew Bailey , Randal Quarles , Monetary Affairs Committee , European Banking Authority , European Commission Under Article , Financial Action Task Force , Banking Union , Group On Sterling Risk , Prudential Regulation Authority , International Regulatory Strategy Group , Capital Markets Union , Occupational Pensions Authority , European Parliament Economic , International Islamic Financial Market , Proskauer Rose , European Commission Retail Payments Strategy , Investment Fund Managers Directive , Financial Services Compensation Scheme , House Of Commons Treasury Committee , Financial Policy Committee , European Commission , European Financial Markets Lawyers Group , Financial Services ,

Banking and finance regulatory news, March 2021 | Hogan Lovells


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Recent UK and EU regulatory developments focussing on banking and finance. See also our Financial institutions general regulatory news and other sector news in the Related Materials links.
Contents
Resolvability Assessment Framework: BoE Dear CEO letter
End of Brexit transition period: PRA statement on EBA guidelines and EU RTS relating to approaches to credit risk
EU Crowdfunding Regulation: ESMA Q&As
EU crisis management and deposit insurance framework: European Commission consultation
EU CRR: EBA final report on draft RTS for determination of indirect exposures to underlying clients of derivatives and credit default derivatives ....

United Kingdom , Dave Ramsden , Journal Of The European Union , European Banking Authority , United Kingdom Prudential Regulation Authority , Commission Delegated Regulation , European Commission , Bank Recovery , Assessment Framework , Boe Dear , Boe Deputy Governor , Resolvability Assessment Framework , European Securities , Markets Authority , Crowdfunding Regulation , Resolution Directive , Single Resolution Mechanism , Deposit Guarantee Schemes Directive , Capital Requirements Regulation , Official Journal , ஒன்றுபட்டது கிஂக்டம் , டேவ் ராம்ஸ்டன் , இதழ் ஆஃப் தி ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய வங்கி அதிகாரம் , ஒன்றுபட்டது கிஂக்டம் விவேகமான ஒழுங்குமுறை அதிகாரம் , ஐரோப்பிய தரகு ,