Policy papers and consultations

The Joint Regulatory Oversight Committee (JROC) has published its recommendations for the open banking future entity and welcomes input on certain questions.

• From: HM Treasury
• Updated: 19 April 2024

The Accelerated Settlement Taskforce, chaired by Charlie Geffen, was launched by the Chancellor on 9 December 2022 to explore the potential for faster settlement of financial trades in the UK.

• From: HM Treasury
• Updated: 28 March 2024

• Accelerated Settlement Taskforce – Terms of Reference

  Context When trades are made on financial markets, there is typically a…

• Accelerated Settlement Taskforce: Government Response

  In December 2022, the government appointed Charlie Geffen to chair the…

• Accelerated Settlement Technical Group – Terms of Reference

  Background The Accelerated Settlement Taskforce (AST) was set up in…

This note sets out the next phase of delivering a Smarter Regulatory Framework for the UK by replacing assimilated law on financial services.

• From: HM Treasury
• Updated: 21 March 2024

HM Treasury has outlined its approach to designating critical third parties to the UK financial services sector.

• From: HM Treasury
• Updated: 21 March 2024

The 'Women in Finance Charter' asks financial services firms to commit to implement four key industry actions.

• From: HM Treasury
• Updated: 21 March 2024

This report sets out the conclusions of the Prudential Regulation Authority’s (PRA) review of its rules on ring-fencing.

• From: HM Treasury
• Updated: 25 January 2024

This consultation sets out proposals to enhance the UK’s resolution regime for banking institutions (banks, building societies, and PRA-designated investment firms).

• From: HM Treasury
• Updated: 11 January 2024

This Code of Practice sets out the tools and powers available for resolving a CCP, as set out under the Financial Services and Markets Act 2023.

• From: HM Treasury
• Updated: 10 January 2024

This government is consulting on the first financial market infrastructure sandbox, referred to as the ‘Digital Securities Sandbox’, which will enable digital securities to be tested and ultimately adopted across financial m…

• From: HM Treasury
• Updated: 20 December 2023

This paper sets out JROC’s response and next steps to carry forward the VRP Working Group’s blueprint to launch Phase 1 non-sweeping VRP services by Q3 2024.

• From: HM Treasury
• Updated: 18 December 2023

This statement provides an update on actions set out in the JROC April 2023 Report to enable the next phase of open banking in the UK.

• From: HM Treasury
• Updated: 18 December 2023

The government is publishing a near-final version of the statutory instrument to replace the Money Market Funds Regulation and create a new framework for Money Market Funds.

• From: HM Treasury
• Updated: 6 December 2023

The government is publishing an illustrative draft of a proposed statutory instrument to enable the Financial Ombudsman Service to charge case fees to claims management companies and other relevant professional representativ…

• From: HM Treasury
• Updated: 5 December 2023

The government is publishing a near-final version of the statutory instrument to replace the EU Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation and create a new UK retail disclosure framework.

• From: HM Treasury
• Updated: 22 November 2023

This consultation seeks views on the government’s proposal to delete aspects of the Short Selling Regulation related to sovereign debt and credit default swaps.

• From: HM Treasury
• Updated: 22 November 2023

This statement explains the government’s rationale for extending the transitional period for third country benchmarks under the UK Benchmarks Regulation to 31 December 2030.

• From: HM Treasury
• Updated: 8 November 2023

Consultation seeking views on the design and scope of the ban on cold calling for consumer financial services and products, including a call for evidence on the impacts of the proposed ban.

• From: HM Treasury
• Updated: 2 August 2023

This consultation paper sets out proposals to align the UK to international standards in insurer resolution, enhancing UK financial stability in the event of insurer failure.

• From: HM Treasury
• Updated: 2 August 2023

The Investment Research Review, led by Rachel Kent, was launched on 9 March 2023, to consider levels of financial services investment research in the UK, and its contribution to UK capital markets competitiveness.

• From: HM Treasury
• Updated: 11 July 2023

A consultation on the modernisation of consumer credit legislation.

• From: HM Treasury
• Updated: 11 July 2023