Jessica Reed

Financial Institutions 360: Regulatory update Read other sections of this edition of the Financial Institutions 360: Asset management update Banks and payment services firms update Litigation and enforcement update Regulatory Initiatives Grid On 14 April, the financial regulators published the long-awaited Regulatory Initiatives Grid, which was due to be published in May 2024 but was postponed due to the forthcoming election. The Grid provides a helpful overview of regulatory priorities and timings of proposed regulatory changes. June is going to be a busy month of publications. Key timings updates to note include: General regulatory Advice Guidance Boundary Review – The FCA intends to publish the consultation documents on targeted support in pensions and retail investments by the end of June. Non-financial misconduct next steps – FCA intends to provide an update by the end of June. The FCA’s annual review of firms’ compliance with FCA guidance on the treatment of PEPs is due shortly, which may lead t