Policy and Guidance

Filter policy and guidance - Consultation Responses

UK Finance response to the Bank of England and Financial Conduct Authority Discussion Paper 3/22

13.01.23

Consultation Responses

UK Finance response to the Bank of England and Financial Conduct Authority Discussion Paper 3/22

“Critical third parties to the UK financial sector”
UK Finance response to Consultation on ‘synthetic’ US dollar LIBOR

09.01.23

Consultation Responses

UK Finance response to Consultation on ‘synthetic’ US dollar LIBOR

The consultation is the latest to consider the FCA’s proposal to require the 1 , 3 and 6 month US dollar LIBOR settings to be published on a synthetic basis until end September 2024. Additionally, the FCA sought feedback on the proposed methodology for building these synthetic US dollar LIBOR settings, and what use of them should be allowed.
UK Finance response to Payment Systems Regulator Call for Views on Authorised Push Payment (APP) Scams

06.01.23

Consultation Responses

UK Finance response to Payment Systems Regulator Call for Views on Authorised Push Payment (APP) Scams

UK Finance has responded to the Payment Systems Regulator’s consultation on proposals regarding reimbursement in authorised push payment (APP) scam cases.
Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living – response from UK Finance

21.12.22

Consultation Responses

Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living – response from UK Finance

The industry welcomes the Financial Conduct Authority’s (FCA) guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living (the Draft Additional Guidance). Clarification of existing guidance and rules is useful given that expectations on forbearance and impairment is contained in various thematic reviews, ad-hoc guidance, and market studies published over many years by the FCA and its predecessor, the Financial Services Authority (FSA).
UK Finance responds to the Prudential Regulation Authority’s approach to policy (DP4/22)

08.12.22

Consultation Responses

UK Finance responds to the Prudential Regulation Authority’s approach to policy (DP4/22)

We support the various measures stemming from the future regulatory framework (FRF) review that the Financial Services and Markets (FSM) Bill implements.
UK Finance-ISDA Response to FCA Consultation - CP22/18

01.12.22

Consultation Responses

UK Finance-ISDA Response to FCA Consultation - CP22/18

UK Finance and ISDA respond to CP22/18: Guidance on the trading venue perimeter
A response to the PRA’s consultation paper on Model risk management principles for banks

26.10.22

Consultation Responses

A response to the PRA’s consultation paper on Model risk management principles for banks

The PRA has drawn heavily on existing the Federal Reserve’s 2011 Model Risk Management Guidance, SR 11-7, but also added expectations about how firms should approach the use of Artificial Intelligence (AI) and Machine Learning (ML) in modelling.
UK Finance response to the public consultation - PCP 2022/2

25.10.22

Consultation Responses

UK Finance response to the public consultation - PCP 2022/2

UK Finance responds to the Takeover Panel’s consultation PCP 2022/2 on the ‘presumptions of the definition of “acting in concert” and related matters’
UK Finance response to HM Treasury consultation on Payments Regulation and the Systemic Perimeter

24.10.22

Consultation Responses

UK Finance response to HM Treasury consultation on Payments Regulation and the Systemic Perimeter

UK Finance welcomes the opportunity to respond to HM Treasury’s consultation and call for evidence on Payments Regulation and the Systemic Perimeter.