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On 24 March 2021, HM Treasury sent a letter to the Prudential Regulation Committee (PRC) discharging its duty under the Bank of England Act 1998 to make, at least once in each Parliament, recommendations to the PRC about aspects of the economic policy of the government to which the PRC should have regard to when advancing the objectives and discharging the duties of the Prudential Regulation Authority. [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]
26 Oct 2018, 1:46 am by Simon Lovegrove (UK)
On 25 October 2018, HM Treasury updated its advisory notice on money laundering and terrorist financing controls in higher risk jurisdictions. [read post]
3 Jan 2019, 1:14 am by Jochen Vester (UK)
On 21 December 2018, HM Treasury published a draft version of the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019. [read post]
5 Jul 2022, 9:07 am by Hannah Meakin (UK)
If HM Treasury approves them, the FCA will make and publish a Policy Statement and amend the technical standards. [read post]
29 Nov 2018, 8:28 am by Simon Lovegrove (UK)
On 28 November 2018, HM Treasury published a policy note on The Financial Services (Implementation of Legislation) Bill (the Bill). [read post]
26 Jun 2020, 8:51 am by Simon Lovegrove (UK)
On 25 June 2020, HM Treasury published a draft of The Equivalence Determinations for Financial Services (Amendment etc.) [read post]
16 Oct 2020, 8:55 pm by Simon Lovegrove (UK)
On 15 October 2020, HM Treasury published its response to the consultation that it published in July 2020 concerning updating the UK’s prudential regime before the end of the transition period. [read post]
On 28 February 2019, HM Treasury published a draft of the Financial Services (Miscellaneous) (Amendment) (EU Exit) (No.2) Regulations 2019. [read post]
10 Oct 2018, 2:52 am by Imogen Garner (UK)
The statutory instruments are made by HM Treasury in exercise of its powers conferred by the European Union (Withdrawal) Act 2018. [read post]
10 Oct 2018, 2:49 am by Simon Lovegrove (UK)
The statutory instruments are made by HM Treasury in exercise of its powers conferred by the European Union (Withdrawal) Act 2018. [read post]
27 Apr 2008, 10:29 pm
The Wichita bureau is planning our next trip (link):A Visit to Beijing's Exclusive Penis Restaurant By Stephan Orth in Beijing Whole yak penis or sheep testicles on a bed of curry, anyone? [read post]
10 Nov 2021, 8:55 pm by Simon Lovegrove (UK)
Strengthening the accountability mechanisms that exist between HM Treasury and the regulators: Introducing a new requirement for the PRA and the FCA to respond to the recommendations letters issued by HM Treasury, and a new power for HM Treasury to require the regulators to review their existing rules where the government considers that it is in the public interest. [read post]
19 Sep 2018, 8:50 am by Simon Lovegrove (UK)
The Statement notes that attendees of the FRWG (senior members of HM Treasury and the U.S. [read post]
6 Jun 2019, 7:49 am by Imogen Garner (UK)
The inquiry will scrutinise the role of HM Treasury, regulators and financial services firms in supporting the Government’s climate change commitments. [read post]
14 Mar 2018, 8:14 am by Albert Weatherill
On 13 March 2018, HM Treasury issued a call for evidence on the role of cash and digital payments in the new economy. [read post]
15 Dec 2021, 8:40 pm by Simon Lovegrove (UK)
On 13 December 2021, HM Treasury published guidance for the UK Sanctions List as its structure and the format is changing in February 2022. [read post]