Andrew Hauser of the Bank of England has announced two new initiatives to encourage Sterling LIBOR transition in a speech on 26 February 2020. Firstly, the Bank is going to publish a daily SONIA Compounded Index from...
Category - Supervision
Emma RadmoreFSB priorities published
The FSB published a letter addressed to all G20 Finance Ministers and Central Bank Governors on 18 February 2020. The letter sets out the areas that the FSB are focusing their efforts on. All of the measures are to...
FCA’s Firm Details Confirmation Requirements
The FCA is now requiring firms subject to SUP 16.10 reporting requirements to update their firm details annually (within 60 days of their accounting reference date) even if there has been no changes. The confirmation...