Being better informed: August 2024

Following the outcome of the UK general election, regulators ‘unpaused’ many activities during July, with a substantial pre-summer collection of new and updated initiatives for firms to digest. The regulators called for input on a number of new policy areas, including innovation in money and payments, and simplification of the FCA rulebook in light of the introduction of the Consumer Duty. 

The regulators also proposed and confirmed new rules across a range of ‘in-flight’ initiatives, including final FCA rules on access to cash, and proposed changes to the PRA’s approach to booking models and international banks supervision. 

Download this edition of Being better informed to read more on these developments and for a comprehensive summary of all the regulatory updates from the past month.