Risk And Regulation Monthly – June 2014

D
Deloitte

Contributor

Following the surge in legislation ahead of the European elections, June saw a number of final texts published.
UK Finance and Banking
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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.

Following the surge in legislation ahead of the European elections, June saw a number of final texts published, including the bank Recovery and Resolution Directive (RRD) and the Markets in Financial Instruments Directive and Regulation (MiFID II/MiFIR). In the UK, house prices and mortgages were in focus, with the Financial Policy Committee given new macroprudential powers, while in the Mansion House speech the Chancellor proposed extending benchmark regulation to foreign exchange and commodities.

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