Public procurement in the UK from 1 January 2021

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By 1 January 2021, the Brexit transition period will have come to an end; whilst there may be a lot of uncertainty moving forward into the New Year, the UK government are now outlining the changes that will occur regarding the UK's public procurement process.

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Financial Services Regulation and Compliance - Insurance Nov 2020

Article

Domestically, the CBI published the second motor insurance report of the National Claims Information Database, an update on prudential regulatory flexibility measures, and a financial stability note on differential pricing; At European level, EIOPA published updated monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures

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Financial Services Regulation and Compliance - Funds Nov 2020

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Domestically, the CBI is to provide a fast-track process for SFDR prospectus updates; At European level, ESMA launched a consultation on marketing communications under the Regulation on facilitating cross-border distribution of collective investment undertakings.

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Financial Services Regulation and Compliance - General Cross Sectoral Nov 2020

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Domestically, the CBI published a letter to the management of all financial service providers identifying significant shortcomings in firms' compliance with the fitness and probity regime; At European level, the EBA has set out its expectations on how money laundering and terrorist financing risk should be considered by prudential supervisors.

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Financial Services Regulation and Compliance - Investment Firms Nov 2020

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Domestically, the CBI issued its latest markets update, updated its prudential flexibility measures for investment firms and published the outcome of a thematic review of compliance by MiFID-authorised investment firms with best execution requirements for consumers; At European level, ESMA launched a consultation on market data obligations

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Registered AIFMs

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 Read our summary of the application process to the Central Bank of Ireland to become a registered AIFM and the conditions a registered AIFM must satisfy and continue to observe.

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The role of Governance in the debate

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"Governance" is reported to be one of the top three issues in the final stages of the EU-UK negotiations on a trade deal. Dr Vincent Power, Head of EU, Competition and Procurement at A&L Goodbody, explains, in a practical way, what the topic of "governance" means in the Brexit debate.

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