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Key Regulatory Topics: Weekly Update February 2021 #2 | Allen & Overy LLP

Brexit Please see the Other Developments section for the MoU agreed between the ECB, FCA and BoE on post-Brexit supervisory cooperation, effective from 1 January. Capital Markets Please see the Markets and Markets Infrastructure section for a speech by Mairead McGuinness, European Commissioner for Financial Services, Financial Stability, and Capital Markets Union on future regulatory developments. Consumer / Retail  Please see the Markets and Markets Infrastructure section for a statement by Steven Maijoor, ESMA Chair, to the EP’s Economic and Monetary Affairs Committee relating to GameStop share trading and related phenomena. FCA finalised guidance for firms on the fair treatment of vulnerable customers

EU Lays Out Disclosure Rules For Investment Firm Regulators

Europe's banking watchdog has set out the information it expects national regulators to publish about how they police investment firms in their jurisdiction as it seeks to ensure the bloc is consistent in its supervision of companies that pool capital.

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