Events listed in Financial Services and Markets Act 2000
Prudential Regulation Authority Annual Report 2022/23
ID 24063
The Bank of England and its Prudential Regulation Authority (PRA) have issued the Prudential Regulation Authority Annual Report 2022/23. The report presents – the key issues faced by the PRA in the previous year; – the key activities performed by the regulator in view of its business plan and strategy; – the PRA’s funding, resource availability, and independence status. The report also includes the ...
The Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) (No. 2) ...
ID 23842
In view of the failure of the U.S. Silicon Valley Bank and the sale of the UK subsidiary of the Silicon Valley Bank UK Limited (SVBUL) to HSBC UK Bank plc., the regulators have issued a new order, the Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) (No. 2) Order 2023 which was now published on legislation.gov.uk, the official website of ...
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order ...
ID 23603
The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023 was published on legislation.gov.uk, the official website of the UK government for publicizing legal documents. *The order modifies the [Financial Services and Markets Act 2000](http://www.legislation.gov.uk/ukpga/2000/8/contents) and the [Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (SI 2005/1529)*](https://www.legislation.gov.uk/uksi/2005/1529/contents/made) ...
Long-term Investment For Technology and Science (LIFTS) initiative: request for ...
ID 23437
Following a public consultation on different design options for and eligibility criteria for participating venture capital funds and investments in the government’s so-called LIFTS (Long-Term Investment for Technology & Science) initiative, the Department of Business & Trade and the HM Treasury have now issued a consultation outcome paper in this context. Therein, the two regulatory authorities outline the responses they have received to their ...
Non-equity securities – Engagement Paper 4
ID 23319
The Financial Conduct Authority (FCA) has published a so-called Engagement Paper in which the FCA seeks comments on ways to improve the current admission and prospectus framework for non-equity securities in an effort to encourage listing in UK and increase access to listings by investors. The engagement paper is the last one in a series of documents the FCA is publishing in an effort ...
Protected forward-looking statements – Engagement Paper 3
ID 23318
The Financial Conduct Authority (FCA) has published a so-called Engagement Paper in which the FCA seeks comments on the inclusion of a so-called Protected Forward-Looking Statement (PFLS) in the prospectus of an issuer. A PFLS allows an issuer to disclose valuable forward-looking information for which the issuer cannot be held liable and thus encourages the disclosure of information the issuer would otherwise not make. ...
Admission to trading on a regulated market – Engagement Paper 1
ID 23317
The Financial Conduct Authority (FCA) has published a so-called [Engagement Paper](https://www.fca.org.uk/publication/call-for-input/admission-trading-regulated-market-engagement-paper-1.pdf) in which the FCA seeks comments on a „new“ UK prospectus regime which the regulator will be entitled to deliver following the implementation of the Draft: Financial Services and Markets Act 2000 (Public Offers and Admissions to Trading) Regulations 2023. Latter is expected to ...
Further issuances of equity on regulated markets – Engagement Paper 2
ID 23309
The Financial Conduct Authority (FCA) has published a so-called Engagement Paper in which the FCA seeks comments on how to go about prospectus requirements for further issuances of equity securities (subsequent issues of an already issued security). The engagement paper is part of a series of documents the FCA is publishing in an effort to establish a „new“ UK prospectus regime which the regulator ...
The Financial Services and Markets Act 2000 (Commodity Derivatives and Emission ...
ID 23301
The Financial Services and Markets Act 2000 (Commodity Derivatives and Emission Allowances) Order 2023 was published on legislation.gov.uk, UK’s Statute Law Database publicizing legal documents. The order modifies the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) and the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (SI 2017/701) to implement first steps to „streamline the ...
PS6/23 – Model risk management principles for banks
ID 23292
The Prudential Regulation Authority (PRA) has published a new policy statement (PS6/23) as regards the implementation of new model risk management principles for banks and in-scope investment firms which also results in the issuance of a new supervisory statement (SS1/23) on same issue. The term model risk thereby refers to risks associated with the use and application of quantitative and qualitative models for diverse ...