Fri, Mar 13, 2020

Regulatory Focus - February 2020

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In this edition of Regulatory Focus, the experts in Duff & Phelps’ UK Compliance and Regulatory Consulting team, provide a detailed synopsis of the latest news and publications issued by the Financial Conduct Authority (FCA) during January 2020.

Highlights include:

  • FRC publishes UK Stewardship Code 2020
  • ESMA clarifies SFTR reporting
  • FCA becomes the anti-money laundering (AML) and counter terrorist financing supervisor (CTF) of UK crypto asset activities
  • Information for Firms during the Brexit implementation period
  • FCA and Bank of England announce proposals for data reforms across the UK financial sector
  • ESMA: Update on Governance and Reporting Obligations following the UK’s withdrawal from the European Union
  • ESMA announces key priorities for 2020-22
  • ESMA report values EU alternative investment funds at €5.8 trillion
  • LIBOR transition in 2020: The time to act is now
  • FCA and Bank of England encourage switch from LIBOR to SONIA for sterling interest rate swaps from Spring 2020


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