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City firms' regulatory burden rises as UK and EU diverge on financial rules

City firms face an increasing regulatory burden as the UK and the EU begin to diverge on financial services regulation. ....

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EU-UK Financial Regulatory Forum Established

UK Financial Regulatory Forum to serve as a platform for cooperation and undertake forward planning, that Forum will not take any regulatory, supervisory or legal decisions nor will it make any equivalence determinations ....

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The EU and the UK Enter into a Memorandum of Understanding on Regulatory Cooperation | Cadwalader, Wickersham & Taft LLP

In a process that began in December 2020 with a Joint Declaration on Financial Services Regulatory Cooperation, on 27 June 2023 the UK and the EU signed a Memorandum of Understanding. ....

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Memorandum of Understanding on Cooperation in Financial Services finally signed between the UK and EU – a substantive development or a symbolic gesture? | White & Case LLP

On 27 June 2023, the UK signed a long-awaited Memorandum of Understanding ("MoU") with the European Union ("EU") to increase co-operation on financial services. The MoU. ....

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Is EU-UK regulatory harmonisation on the cards?

Seven years after the UK referendum voted in favour of leaving the EU, the two jurisdictions have inked an agreement on financial services co-operation. But the agreement is unlikely to lead to greater regulatory alignment. ....

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