UK Financial Services

Open markets and common causes: International collaboration and the modernisation of financial services regulation in the UK

3Days Ago

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Charlie Walker appointed Deputy CEO of the London Stock Exchange

1Weeks Ago

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Open banking, shadow banking and regulation

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

1Weeks Ago

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Calibrating controls to build confident markets

Fighting financial crime is about upholding our standards and boosting our competitiveness.

2Weeks Ago

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LSEG Inaugurates New Flagship Office in Kuala Lumpur

2Weeks Ago

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How vulnerable are UK companies to higher interest rates?

The purpose of Bank Overground is to share our internal analysis. Each bite-sized post summarises a piece of analysis that supported a policy or operational decision.

1Months Ago

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London Stock Exchange Group plc Interim results for six months ended 30 June 2023

Delivering on our growth potential: strong H1 performance; 2023 revenue growth expected to be towards the upper end of 6-8% guidance

1Months Ago

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FCA finds fund managers' value assessments significantly improved, but still work to do

Following a review of fund managers' value assessments, the FCA has found that while many firms have better practices in place, some still require improvement.

1Months Ago

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Advice Guidance Boundary Review

We set out the basis for our joint review of the Advice Guidance Boundary with the Treasury.

1Months Ago

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Emissions insights could cut EU-mandated carbon costs of shipping by 50%

Increased costs for owners, charterers and traders that fail to factor in costs of carbon emissions

1Months Ago

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Bank of England:Money and Credit - June 2023

Our monthly Money and Credit statistical release is made up of three parts: broad money and credit, lending to individual and lending to businesses.

1Months Ago

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Financial Lives survey highlights importance of the FCA’s Consumer Duty

The Financial Conduct Authority (FCA) has found 7.4 million people unsuccessfully attempted to contact one or more of their financial services providers in the 12 months before May 2022, with the most vulnerable in society most likely to struggle with this.

1Months Ago

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London Stock Exchange (LSEG) welcomed Close Brothers to the Market Open Ceremony

The bond is rated A2 and BBB+ by Moody's and Fitch respectively and is listed on the Main Market.

1Months Ago

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Launch of permanent Digital Sandbox

The Digital Sandbox works to foster innovation and growth

2Months Ago

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Update from the Chairs of the Financial Services Regulatory Initiatives Forum

Update following passage of the Financial Services and Markets Act 2023

2Months Ago

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Financial Policy Summary and Record - July 2023

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

2Months Ago

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Asset managers told to review liquidity management in funds

Poor liquidity management can bring with it serious risks for investors and to wider market stability.

2Months Ago

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‘BMG Economic Forum 2023’ opens the Main Market at London Stock Exchange

There is a long-term strategic relationship between BMG and LSEG.

2Months Ago

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The PRA consults on major elements of the new Solvency UK framework, with measures to simplify the framework, improve flexibility, and support growth and competitiveness

The Prudential Regulation Authority (PRA) is consulting today on a major set of reforms to Solvency II with the aim of creating a new UK regulatory regime for insurance firms, known as Solvency UK, which is better adapted to the UK insurance market.

2Months Ago

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FCA joins other regulators to call on firms to help struggling customers

We reminded 3,500 lenders how we expect them to provide tailored support to borrowers who get into financial difficulty.

2Months Ago

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LSEG welcomes the International Sustainability Standards Board celebrating the launch of the ISSB’s inaugural sustainability disclosure standards

The ISSB’s two new standards—IFRS S1 and IFRS S2—usher in a new era of sustainability-related disclosures in capital markets worldwide.

2Months Ago

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Financial stability risks from the non-bank sector: thinking system wide

− speech by Lee Foulger Given at Norges Bank policy conference

3Months Ago

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FCA introduces tough new rules for marketing cryptoassets

Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first time investors from 8 October 2023, under new advertising rules announced by the FCA.

3Months Ago

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London Stock Exchange welcomes Indo-Pacific delegation as part of London Tech Week

London Tech Week is the UK's largest technology-focused event and is celebrating its 10th anniversary in 2023.

3Months Ago

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Bank of England hikes interest rates again following inflation shock

The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight to rein in prices after a surprise increase in inflation in February.

3Months Ago

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Joint Regulatory Oversight Committee sets out next steps to help UK open banking grow

The Joint Regulatory Oversight Committee (JROC) has today set out an ambitious programme of work to take forward recommendations for the next phase of open banking in the UK.

3Months Ago

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The potential impact of broader central clearing on dealer balance sheet capacity: a case study of UK gilt and gilt repo markets

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

3Months Ago

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London Stock Exchange celebrates Fresnillo plc's 15th listing anniversary

Fresnillo has returned well over US$3 billion in dividends to shareholders.

3Months Ago

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Lenders to pay out up to £47m in redress to borrowers in difficulty

'If you’re worried about keeping up with payments, we encourage you to talk to your lender as soon as possible.'

3Months Ago

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Treasury Select Committee hearing on the May Monetary Policy Report

Witnesses: Andrew Bailey, Huw Pill, Silvana Tenreyro and Catherine L Mann

4Months Ago

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Support during challenging times

This year's theme for Mental Health Awareness week is anxiety.

4Months Ago

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Data Centre migration: performance and market quality improvements

The London Stock Exchange reflects on performance and market quality improvements following its data centre migration and hardware upgrade

4Months Ago

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How do higher interest rates help to lower inflation?

4Months Ago

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FCA continues action against unregistered crypto ATMs across the UK

4Months Ago

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LSEG welcomes the International Rescue Committee to open London’s markets and celebrate partnership

4Months Ago

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Capital Issuance - March 2023

4Months Ago

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FCA warns consumers about mismanagement of 'asset protection' trust schemes

4Months Ago

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London Stock Exchange welcomes Dowlais Group plc to the Main Market

4Months Ago

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Financial services trade restrictions and lending from an international financial centre

5Months Ago

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Redress for Woodford Equity Income Fund investors

5Months Ago

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FCA announces plan to deliver significant redress to Woodford investors

5Months Ago

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London Stock Exchange Welcomes Beacon Energy PLC's Re-admission to AIM

5Months Ago

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FCA to lead GFIN Greenwashing TechSprint

5Months Ago

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Asset Purchase Facility: corporate bond sales programme – Market Notice 6 April 2023

5Months Ago

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Bank of England Weekly Report 5 April 2023

5Months Ago

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London Stock Exchange welcomes World Chess plc to the Main Market

5Months Ago

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The application of the derivatives trading obligation to certain credit default swaps

5Months Ago

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FCA updates on its Sustainability Disclosure Requirements (SDR) and investment labels consultation

5Months Ago

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It's not the plane, it's the pilot

5Months Ago

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Supply matters − speech by Andrew Bailey

5Months Ago

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Celebrating the 50th anniversary of women's admittance to the London Stock Exchange trading floor

5Months Ago

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Climate Financial Risk Forum (CFRF) Symposium – hybrid event

6Months Ago

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Bank of England Statement: UK creditor hierarchy

6Months Ago

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Statement in response to an announcement by FINMA

6Months Ago

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WinTrade Global Summit 2023 closes the market at London Stock Exchange

6Months Ago

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Understanding climate-related disclosures of UK financial institutions

6Months Ago

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FCA takes further action against unregistered crypto ATMs in East London

6Months Ago

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Charting 50 years of change for women in the UK's finance sector

6Months Ago

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Bank of England announces supervisory action on LME Clear

6Months Ago

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SZSE and LSEG Signs a MOU on Cooperation

6Months Ago

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Armchair detective investors take inspiration from Sherlock Holmes to foil investment scams

6Months Ago

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Foreign Currency Reserves 2023

6Months Ago

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The UK fintech Ecosystem

7Months Ago

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Update on potential enforcement action against Link Fund Solutions

7Months Ago

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The digital pound: Technology Working Paper

7Months Ago

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Finance for positive, sustainable change

7Months Ago

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2023 INTERIM RESULTS

7Months Ago

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Bank Rate increased to 4% - February 2023

7Months Ago

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The FCA and Practitioner Panel joint survey for 2023 launches

7Months Ago

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Capital Issuance - December 2022

7Months Ago

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Building better foundations in AI

Speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer.

7Months Ago

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London open: Stocks gain after better-than-expected GDP

London stocks rose in early trade on Friday after a better-than-expected UK GDP reading, as investors eyed the release of key US bank earnings.

8Months Ago

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PRA statement on the recalculation of the Transitional Measure on Technical Provisions (TMTP)

Firms should note that in order to expedite the application process, the PRA would expect applications at this time to use firms’ existing TMTP calculation methodologies.

8Months Ago

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Fines issued by the FCA more than doubled in 2022

he number of fines issued by the Financial Conduct Authority (FCA) more than doubled last year.

8Months Ago

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Hydrogen Utopia to Start Trading on London Stock Exchange on January 9

Hydrogen Utopia to start trading on London Stock Exchange on January 9.

8Months Ago

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PRA Regulatory Digest

The PRA Regulatory Digest is for people working in the UK financial services industry and highlights key regulatory news and publications delivered for the month.

8Months Ago

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Highlights of the FCA’s approach in 2022

In April, the FCA set out a new three-year strategy designed to improve outcomes for consumers and markets.

8Months Ago

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2022 - New pathways in sustainable innovation

Capital markets play a pivotal role in the global economy. They bring together providers and consumers of capital - converting risk capital to working capital - and enable positive economic growth that drives jobs, opportunities, and innovation.

9Months Ago

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Update on the sixth edition of the Regulatory Initiatives Grid

The Regulatory Initiatives Forum has announced that the sixth edition of the Grid, planned for publication in November 2022, has been delayed to the New Year, in order to take into account recently announced Government measures to build a smarter financial services framework.

9Months Ago

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Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living

We’re consulting on draft guidance explaining a range of options firms have to support customers, including varying a contract for forbearance purposes.

9Months Ago

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London Stock Exchange Group celebrates LSEG Foundation 2022

London Stock Exchange Group (LSEG) celebrated LSEG Foundation Day across its global offices yesterday.

9Months Ago

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Reflections on DeFi, digital currencies and regulation - speech by Jon Cunliffe

In his speech Jon Cunliffe reflects on recent crypto market developments. He goes on to talk about the work that authorities are doing on the regulation of crypto stablecoins and our work on a potential central bank digital currency.

10Months Ago

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FCA chief warns fintech failures sit with bosses

'Ultimately, we must agree that the responsibility for algorithms and AI stops with the human leaders at the top of firms'

10Months Ago

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Bursa Malaysia signs sustainability MOU with London Stock Exchange Group

Bursa Malaysia Berhad or (“Bursa Malaysia” or the “Exchange”) and the London Stock Exchange Group (“LSEG”), today signed a Memorandum of Understanding (“MoU”), to expand the ESG collaboration between the two exchanges as well as explore new areas of opportunity.

10Months Ago

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Cash Ratio Deposits – effective immediately

Cash Ratio Deposits (CRDs) are non-interest bearing deposits lodged with the Bank of England by eligible institutions (i.e. banks and building societies), who have reported average eligible liabilities (ELs) in excess of £600 million over a six-month calculation period. The level of each institution's CRD is calculated twice yearly (in May and November).

10Months Ago

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FCA launches discussion on competition impacts of Big Tech on financial services industry

The FCA is seeking views on the potential competition benefits and harms from Big Tech firms' entry into a range of retail financial services sectors.

11Months Ago

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Trading update

Hargreaves Lansdown plc today issues a trading update in respect of its first quarter ended 30 September 2022.

11Months Ago

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Gilt Market Operations – Market Notice

This Market Notice supplements the Bank’s Market Notice and Press Release of 28 September setting out the details of its temporary purchases of long-dated UK government bonds.

11Months Ago

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FCA announces review of the advice boundary for financial services

In a speech today, Sarah Pritchard, executive director of markets at the FCA, said: "We want to carry out a holistic review of the boundary between advice and guidance so we can understand how to reduce the regulatory burden while continuing to provide the right level of consumer protection.

11Months Ago

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Pressure builds on Bank of England for hefty interest rate rise

Traders are betting on MPC acting aggressively to curb inflation and reinforce its credibility.

1Years Ago

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FCA decides to impose conditions on takeover of Link Group

Following announcements made on Monday 12 September by Link Group to the Australian Securities Exchange and Dye and Durham (D&D) to the Toronto Stock Exchange, the Financial Conduct Authority is providing a short update on its involvement in the proposed takeover of the Link Group by D&D.

1Years Ago

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London open: Stocks slump after disappointing China data

London stocks fell sharply in early trade on Wednesday following downbeat sessions in the US and Asia, as disappointing Chinese data dented sentiment.

1Years Ago

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External business of Monetary Financial Institutions operating in the UK - 2022 Q2

This statistical release covers all claims on and liabilities to other countries by UK-resident banks and building societies (monetary financial institutions).

1Years Ago

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Rowanmoor Personal Pensions enters administration

Rowanmoor Personal Pensions Limited (RPPL), is a Self-Invested Personal Pension (SIPP) operator authorised and regulated by the FCA. RPPL operates approximately 4,800 pensions, with assets under administration of £1.5bn.

1Years Ago

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Searing UK Inflation Is Driving the Pound Near a 37-Year Low

It's starting to look like nothing can stop the British pound from sinking to new lows.

1Years Ago

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Bank of England may launch biggest rate hike since 1989 if energy bill support fuels inflation

1Years Ago

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FCA looks for external experts to help shape its work on ESG issues

The Financial Conduct Authority (FCA) is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance (ESG) issues, and is looking for expressions of interest from stakeholders to join.

1Years Ago

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NICE includes Genedrive CYP2C19-ID Kit in new Diagnostics Assessment Programme

Both of genedrive's new emergency Point of Care genetic screening tests are now included in new NICE reviews, following the MT-RNR1 DAP announcement on 16 June 2022.

1Years Ago

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Climate Financial Risk Forum (CFRF) Session 3

The FCA and PRA hosted the second meeting of the CFRF’s third session on 12 July 2022.

1Years Ago

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FCA and TPR presented on their work on a value for money framework

FCA presented on its work to review the classification of LTAFs as non-mainstream pooled investments

1Years Ago

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London Stock Exchange welcomes BMG Economic Forum 2022

BMG FINANCIAL GROUP is a boutique investment bank which has received the first license by the Saudi Capital Market Authority.

1Years Ago

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FCA and PSR appoint Bryan Zhang as Strategic Working Group Chair

The Joint Regulatory Oversight Committee (JROC), a cross-authority taskforce responsible for, among other things, thinking about the future vision and governance of open banking, has announced the set-up of a strategic working group (SWG).

1Years Ago

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