Background

The Risk and Regulation Monthly provides a summary of the key International, European and UK regulatory developments and pertinent regulatory activity affecting the Financial Services industry.

Among the February highlights were the Framework Regulation on the functioning of the Single Supervisory Mechanism, the PRA's approach to supervising foreign banks operating in the UK, final rules from the FCA on consumer credit, and political agreement on UCITS V. As usual this note is produced for information only on a best efforts basis, and does not constitute advice of any kind. As usual this note is produced for information only on a best efforts basis, and does not constitute advice of any kind.

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Risk and Regulation Monthly February 2014

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.