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Prudential Regulation Review

October 2020

Prudential Regulatory Review is a monthly newsletter dedicated to summarising all major risk and regulatory updates.

Prudential Regulation Review - Latest Edition

Despite their continuing focus on responding to the pandemic, September saw regulators press ahead with the launch of several other significant regulatory and policy initiatives.

The EU launched its Digital Finance and Retail Payment strategies, which set out its blueprint to build a globally competitive and innovative EU FS sector, by removing unnecessary regulatory barriers, while addressing emerging risks. These two strategic objectives sit alongside three legislative initiatives. The first is aimed at expanding the regulatory perimeter to capture crypto-assets that do not currently qualify as financial instruments, including stablecoins. The second sets out a framework for digital operational resilience, including the oversight of critical third-party ICT providers, such as cloud service providers. And the third creates the legislative framework to launch a pilot regime for market infrastructures based on distributed ledger technology.

For a full list of COVID-19 related regulatory, monetary and fiscal policy initiatives, please see our report available here.

Other topics covered include:

  • COVID-19
  • Banking
  • Capital Markets
  • Investment Management
  • Central Bank of Ireland
  • Other
Prudential Regulation Review October 2020

EMEA Centre of Regulatory Strategy

If you would like to contact a member of the EMEA Centre for Regulatory Strategy then please click on the below links:

Rod Hardcastle - Director, Centre for Regulatory Strategy UK

John Andrews - Senior Manager, Centre for Regulatory Strategy UK

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