Policy and Guidance

Filter policy and guidance - Consultation Responses

UK Finance response to Joint Regulatory Oversight Committee (JROC) proposals for the future entity

23.05.24

Consultation Responses

UK Finance response to Joint Regulatory Oversight Committee (JROC) proposals for the future entity

It is clearer than ever before that the CMA Order should be revoked, which would allow a transition to the Future Entity. Instead, as a direct result of the CMA Order still being in place, an Interim Entity is necessary to take forward non-Order work, so that Open Banking Limited (OBL) is limited to Order-only activity.

Payments, innovation & resilience

Raising standards in the tax advice market – strengthening the regulatory framework and improving registration

20.05.24

Consultation Responses

Raising standards in the tax advice market – strengthening the regulatory framework and improving registration

We welcome the opportunity to respond to the HM Revenue & Customs (‘HMRC’) Consultation ‘Raising standards in the tax advice market – strengthening the regulatory framework and improving registration’.

Prudential risk, reporting and tax

UK Finance response to Financial Conduct Authority enforcement guidance CP24-2

30.04.24

Consultation Responses

UK Finance response to Financial Conduct Authority enforcement guidance CP24-2

UK Finance has responded to the FCA’s Consultation Paper on changes to its Enforcement Guide and the publishing of enforcement investigations.

Prudential risk, reporting and tax

UK Finance Response to the Financial Conduct Authority Wholesale Data Market Study Report

24.04.24

Consultation Responses

UK Finance Response to the Financial Conduct Authority Wholesale Data Market Study Report

On 12 April, UK Finance submitted a response to the FCA's MS23/1.5 Wholesale Data Market Study Report.

Capital markets & wholesale

UK Finance responds to HMT’s Private Intermittent Securities and Capital Exchange System (PISCES) consultation

18.04.24

Consultation Responses

UK Finance responds to HMT’s Private Intermittent Securities and Capital Exchange System (PISCES) consultation

Responding jointly with the Association for Financial Markets in Europe (AFME), we welcome the innovative and collaborative approach that the UK government is taking to make the UK capital markets more attractive and we recognise that private capital markets are an important part of this eco-system.

Capital markets & wholesale

UK Finance response to CP 3-24 PRA's waivers and permissions proposals

10.04.24

Consultation Responses

UK Finance response to CP 3-24 PRA's waivers and permissions proposals

In CP 3/24 the PRA makes proposals about how it will implement section 138BA of the Financial Services and Markets Act (FSMA) 2023, which UK Finance very much supports.

Prudential risk, reporting and tax

UK Finance response to PRA approach to Policy consultation - CP27-23

10.04.24

Consultation Responses

UK Finance response to PRA approach to Policy consultation - CP27-23

We are pleased to have the opportunity to respond to this consultation. While we welcome the progress the PRA has made since its Discussion Paper in December 2022, there remain a number of issues with its proposed approach which our consultation response highlights.

Prudential risk, reporting and tax

08.04.24

Consultation Responses

UK Finance response to PRA’s CP28/23

UK Finance are overall broadly supportive of the changes. We feel that the PRA’s suggestions in this consultation are sensible and therefore only have a few minor points to raise that look to streamline some of the reporting tables.

Commercial finance