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.
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
The FMLC has drafted a response to the Consultation in the form of two complementary reports. Part I comprises comments on the classification of cryptoassets. Part II comprises comments in response to the section of the Consultation dealing with cryptoassets which fall within …17 March 2020
- Response to European Commission Roadmap: Preventing and Combating Money Laundering and Terrorism Financing: 3 March 2020
On 24 July 2019, the European Commission adopted a Communication to the European Parliament and the Council which observed that, although many risks and shortcomings in the regulatory framework for anti-money laundering and preventing terrorist financing had been addressed, structural …03 March 2020
- Response to Consultation: Changes to the Trust Registration Service under the Fifth Money Laundering Directive: 21 February 2020
While certain sections of 5MLD have already been implemented in the U.K., changes required by 5MLD in respect of the registration of the beneficial ownership of trusts have not yet come into force. HM Treasury and HM Revenue and Customs …2020 5MLD Anti-money Laundering Express trusts Fifth Money Laundering Directive Financial Market Infrastructures21 February 2020
Directive 2009/138/EC on the taking-up and pursuit of the business of insurance and reinsurance (the “Solvency II Directive”) sets out regulatory requirements for insurance firms and groups, covering financial resources, governance and accountability, risk assessment and management, supervision, reporting and …2020 EIOPA European Insurance and Occupational Pensions Authority Letter Solvency II 2020 Review Solvency II Directive15 January 2020
On 11 October 2019, the European Commission published a public consultation document on the review of the BMR (the “Consultation”). The FMLC has submitted a response2019 Benchmark Transition Benchmarks Regulation (EU 2016/1011) Brexit European Commission LIBOR Report Third country regimes31 December 2019
On 3 October 2019, the European Securities and Markets Authority (“ESMA”) issued a Consultation Paper as part of a review of certain aspects of MAR. The FMLC submitted a response drawing attention to complexities in respect of two areas.2019 ESMA European Securities and Markets Authority Letter MAR Market Abuse Market Abuse Legislative Review Market Abuse Regulation29 November 2019
The Bank Recovery and Resolution Directive (2014/59/EU) (the “BRRD”) was amended by Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 (“BRRD II”), which was published in the Official Journal on 7 June 2019 …20 November 2019