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
Operational resilience: developments in the financial services sector in the UK - In recent years, operational resilience has come under the spotlight of financial regulators globally,.
Regulatory permissions: FCA reminds firms to use or cancel
DB pension transfer advice: FCA Assessment Tool and latest data analysis
FCA MoU with DWP and MaPS
Consumer investments data review 2020: FCA summary
CMC charges for financial products and services claims: FCA CP21/1
FCA Regulation round-up
UK Regulators Network: second publication of performance scorecards
EU economic and financial system: European Commission Communication on further steps to foster openness, strength and resilience
IFD: EBA final reports on draft RTS on risk takers and variable remuneration
FICOD: Joint Committee of ESAs final report on draft ITS on reporting of intragroup transactions and risk concentration
Sign Of The Times
KANSAS CITY, Mo. - Everywhere you look, Chiefs Kingdom has playoff pride on display. There are flags, banners and signs up across the city, and now the Chiefs have unveiled its newest mural. This new mural, emblazoned with Chiefs Kingdom across it, features stars Patrick Mahomes, Travis Kelce, Tyreek Hill and Tyrann Mathieu.
Economy All Wrapped Up
Chipotle plans to hire 15,000 new employees across the country in its Coast to Coast Career Day event Thursday. // Courtesy Chipotle Kansas Citians searching for work might be in luck. The restaurant chain plans to hire 560 new employees in Kansas City and 15,000 new employees in total across the country during its Coast to Coast Career Day event.