Pre-2002 FLP publications are collected for reference here. FMLC publications—primarily reports and correspondence—go back to 2003. All are available to view or download as a PDF, with collected volumes on specific topics available here. The 10 most recent publications are listed below.
Use the search function to search for specific publications, or use the tag cloud to browse the most frequent tags. Please note that the practice of assigning an "issue number" to topics has been discontinued, although older publications continue to be tagged with their issue number.
Click here for a complete list of FMLC publications in reverse-chronological order.
This paper, although a departure from the Committee’s usual approach, is intended to survey the uncertainties in the context of LIBOR transition and the steps being taken by authorities around the world so as to draw attention to any residual …Benchmark Reform Benchmark Transition Benchmarks Benchmarks Regulation (EU 2016/1011) Brexit LIBOR LIBOR reform SONIA23 October 2020
The Call for Evidence sets out HM Government’s aims for payment systems and payments networks in the U.K. and seeks responses to questions relating to future opportunities and risks for new payments systems and cross-border payments as well as how …21 October 2020
The European Commission has published a proposal to amend the BMR (the “Legislative Proposal”) so as to ensure that regulators have the tools to guide the transition avoiding contract frustration and financial instability. The FMLC would like to draw attention …Benchmark Reform Benchmark Transition Benchmarks Regulation (EU 2016/1011) European Commission Letter LIBOR LIBOR reform06 October 2020
The FMLC has submitted a response drawing attention to the divergence in relation to international standards on sustainability-related disclosure requirements, which creates uncertainty in relation to reporting obligations vis-à-vis cross-border investment activities. There is also some divergence across EU law …01 September 2020
- Response to European Commission Consultation: Action plan for a policy on preventing money laundering: 26 August 2020
The European Commission has launched a public consultation to gather stakeholder views on the possible enhancements to the E.U. anti-money laundering/countering the financing of terrorism framework. The FMLC would like to draw attention to two areas.26 August 2020
The Ministry of Justice is consulting on whether to extend the power to other courts and tribunals and, if so, which test should be applied and factors considered in any decision by a court or tribunal to depart from retained …12 August 2020
HM Treasury has published a Consultation on the transposition of BRRD II, which, it has stated, concerns those parts of BRRD II that come into effect before the end of the Transition Period.2020 Bank Recovery and Resolution Directive BRRD BRRD2 HM Treasury Letter MREL U.K. Withdrawal from the E.U.11 August 2020
In Q3 2020 the European Commission is scheduled to propose a new Digital Finance Strategy/FinTech Action Plan that sets out a number of areas that public policy should focus on in the coming five years. A Consultation designed to gather …26 June 2020
- 2020 Corporate Insolvency and Governance Bill COVID-19 Department for Business Energy and Industrial Strategy Insolvency Letter12 June 2020
In March 2020, HM Treasury published a Consultation (the “Consultation”) on a proposal for an Overseas Fund Regime (the “proposed OFR”), which will establish a new process to allow investment funds domiciled overseas to access the U.K. market, with the …2020 Brexit Equivalence determinations HM Treasury Letter Money Market Funds Overseas Funds Regime UCITS UK Withdrawal from EU11 May 2020