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7 Mar 2023, 12:55 am by Haney Saadah
The JMLSG published final amendments to the following text in Part II of its Guidance: Sector 5 (wealth management) Sector 6 (financial advisers) Sector 11A (consumer credit providers) Sector 13 (private equity) Sector 22 (cryptoasset exchange providers and custodian wallet providers) These have been submitted to HM Treasury for Ministerial approval. [read post]
3 Mar 2023, 2:07 am by Simon Lovegrove (UK)
On 2 March 2023, HM Treasury published a Call for Evidence: Aligning the ring-fencing and resolution regimes. [read post]
2 Mar 2023, 5:54 am by Simon Lovegrove (UK)
On 1 March 2023, HM Treasury published a draft statutory instrument: The Financial Services and Markets Act 2000 (Commodity Derivatives and Emission Allowances ) Order 2023. [read post]
28 Feb 2023, 11:46 pm by David Pocklington
Following a decision by the General Synod of the Church of England on 8 February, the Parochial Fees (Amendment) Order 2023 SI 164 was laid before Parliament on 28 February and came into force on 1 March 2023. [read post]
By now you may have had the chance to review in greater detail the proposals published by HM Treasury on 1 February 2023 setting out the future direction of the UK’s regulatory framework for cryptoassets. [read post]
In this podcast, Matthew Gregory and Simon Lovegrove discuss HM Treasury’s final consultation on the proposed legislative changes to bring currently unregulated buy-now-pay-later products into scope of the UK Consumer Credit Act 1974, and FCA regulation. [read post]
HM Treasury is proposing this to provide consistent consumer protection across all BNPL agreements. [read post]
Given the likely need for the digital pound and the lead time to introduce it, the BoE and HM Treasury will now proceed to the next stage of detailed policy and technical development – including the development of a technical blueprint. [read post]
Introduction In this consultation HM Treasury and the BoE are consulting on a proposal for a retail UK central bank digital currency (CBDC). [read post]
3 Feb 2023, 5:36 am by Hannah Meakin (UK)
On 3 February 2023, HM Treasury published the following collection of Fundamental Elements documents produced by the G7 Cyber Expert Group since 2016: G7 Fundamental Elements of ransomware resilience for the financial sector (dated October 2022) G7 Fundamental Elements for third party cyber risk management in the financial sector (dated October 2022) G7 Fundamental Elements for Threat-LED Penetration Testing (dated October 2018)   G7 Fundamental Elements for third party cyber risk… [read post]
29 Jan 2023, 12:01 am by rhapsodyinbooks
He joined the famous expedition with Captain James Cook on the HMS Resolution in 1776. [read post]
23 Jan 2023, 7:03 am by Simon Lovegrove (UK)
HM Treasury will also be able to apply the regime to credit rating agencies (CRAs) and recognised investment exchanges (RIEs). [read post]
13 Jan 2023, 8:11 am by Simon Lovegrove (UK)
On 13 January 2023, HM Treasury issued: Payment Services Regulations Review and Call for Evidence. [read post]
12 Jan 2023, 1:55 am by Dan Zammit
This order is made against HM Revenue and Customs – you will need to provide your spouse’s date of birth, National Insurance number if you have it, and also their last known address. [read post]
5 Jan 2023, 1:59 am by Frank Cranmer
The Coronation of HM King Charles III will take place on Saturday 6 May. [read post]
  Both the Securitisation Policy Note and Illustrative Securitisation SI provide further explanation about how HM Treasury (“HMT”) may use its future powers to move to a comprehensive regulator-led model for the regulation on securitisation following the repeal of retained EU law in this area. [read post]