On July 27, the UK’s Financial Conduct Authority (FCA) launched its enhanced Financial Services Register (the Register) and published an accompanying statement.

The new Register aims to further protect consumers by making it easier for users to navigate and understand the information provided.
Continue Reading FCA Launches Enhanced Financial Services Register

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate & Financial Weekly Digest. This week, Carolyn Jackson covers the Commodity Futures Trading Commission’s approval of the final cross-border swaps rule, including a discussion of the CFTC’s revised rules applicable to non-US swap dealers

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate & Financial Weekly Digest. This week, Neil Robson covers some proposed changes to the UK Financial Promotions/ investment advertising rules, including a proposal to include cryptoassets, as well, separately, as a proposal for a

On July 20, HM Treasury published two separate consultation papers related to proposed reforms to the regulatory framework for the approval of financial promotions under the Financial Services and Markets Act 2000 (FSMA). While separate, the government recommends that they are read in conjunction with each other.
Continue Reading HM Treasury Consults on Reforms to Financial Promotion Approvals and Expanding Rules to Cover Cryptoasset Promotions

On July 20, HM Treasury published a policy statement about changes it intends to make to the UK Financial Conduct Authority’s (FCA) process for cancelling firms’ authorizations.
Continue Reading HM Treasury Publishes Policy Statement on Intended Changes to FCA’s Cancellation of Authorization Process

Katten hosts a weekly 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate and Financial Weekly Digest. In this week’s edition, Nathaniel Lalone lauds the potential “game-changer” of allowing more clearinghouses to open deposit accounts at the Fed, while Carolyn Jackson notes the successful launch of Securities Financing Transactions Regulation (SFTR) reporting and European Securities and Markets Authority’s (ESMA) updated opinion on the MiFID II “ancillary exemption.” Special guest Chris Collins walks through updated European Commission Brexit notices which, in his view, are useful preparatory checklists for affected firms.
Continue Reading London Weekly Fireside Chat

On July 13, the UK Financial Conduct Authority (FCA) published a statement announcing that it will replace its existing financial services register with an enhanced financial services register on July 27 (the Statement).

In the Statement, the FCA also noted that it intends to add a directory of certified and assessed persons to the register

Katten hosts a weekly, 15-minute fireside chat podcast series on notable UK and European developments from the prior week’s Corporate and Financial Weekly Digest. In this week’s edition, Neil Robson addresses the September reopening of the UK’s Temporary Permissions Regime registration window for EU/ EEA firms, Carolyn Jackson tackles the updates to ESMA’s Q&As on