Europe

FINMA will monitor Credit Suisse to ensure it meets all of its regulatory requirements during the implementation of its restructuring programme.

Alwyn Li and Vincci Ip discuss pre-contractual disclosure requirements for SFDR Article 8 and Article 9 funds and the relevant regulatory requirements in Hong Kong.

An amendment to the Financial Services and Markets Bill will empower the FCA to regulate crypto promotions and ban companies that are not authorised to operate in the UK.

Banks would be required to offer instant payments at the same cost as other credit transfers. Instant euro payments may later be expanded internationally.

The consultation focuses on Big Tech firms’ entry and expansion into four retail sectors - payments, deposit taking, consumer credit and insurance.

The prototype rate can be used in testing to prepare for the introduction of robust fallback language in EURIBOR contracts.

The suit claims that DWS misrepresented a fund's green credentials in marketing material. A hearing date is set for 10 March.

Credit rating agencies have until 30 January 2023 to submit action plans to the FCA on how they will rectify governance issues.

The FCA has published its much-anticipated consultation outlining measures to tackle greenwashing.

RUSI and Stop Scams UK say policy changes are needed to allow data sharing for the purpose of combatting scams.