Regulatory Focus - January 2022

FCA Key Topics

• Changes to LIBOR from end of 2021
• Highlights of the FCA’s new approach in 2021
• FCA published policy statements on climate related disclosures

FCA Updates – December

• FCA confirms new listing rules to boost growth and innovation on UK stock markets
• 2021 joint survey findings published by the FCA and practitioner panel
• FCA introduces a new consumer duty
• Bank fined for anti-money laundering failures
• Statement on supervision of commodity derivatives position limits
• FCA extends temporary measures for 10% depreciation notifications
• FCA publishes decision notice against hedge funds

FCA Updates – November

• FCA recognizes revised FX global code and the global precious metals code
• FCA enters examination stage in the registration of first UK securitization repositories
• PS21/17: a new UK prudential regime for MiFID investment firms 
• FCA sets out fees proposals for 2022/23