The outbreak of the novel coronavirus pandemic (COVID-19) has had and will continue to have wide-ranging implications for businesses, governments and

Following the announcement of the extension for solo-regulated firms of the deadline for completion of firms' first assessments of the fitness and

HM Treasury has published a statement on the application of the EU CRR Quick Fix package during the Brexit transitional period. The EU CRR Quick Fix

The U.K. Climate Financial Risk Forum has published its first guide providing practical recommendations for the financial services sector on how to

Webcast Shearman & Sterling partners Mark Chorazak, Reena Agrawal Sahni (both New York-Financial Institutions Advisory & Financial Regulatory)

On 8 July 2020, the U.K. Chancellor of the Exchequer delivered a Summer Statement setting out the U.K. Government’s “Plan For Jobs”, a package of

The Financial Stability Board and Basel Committee on Banking Supervision have published a report to the G20 on supervisory issues associated with

On 26 June 2020, the Corporate Insolvency and Governance Act 2020 (the "Act")i introduced the biggest reforms in a generation of U.K. Insolvency law

Following the letter published on December 18, 2019, to the Chair of the Working Group on Sterling Risk-Free Reference Rates, which provided

On 1 July 2020, the U.K. Competition and Markets Authority (CMA) published a statement outlining a series of regulatory initiatives aimed at Google

The U.K. Government has an announced intention to introduce a subsidy control regime. Having such regimes in place both in the U.K. And the EU (the

The U.K. Prudential Regulation Authority has published a statement on the EU Capital Requirements Regulation 'Quick Fix' package, confirming that it

The U.K. Financial Conduct Authority has announced its expectations for benchmark administrators and firms using Appointed Representatives that are

The U.K. Financial Conduct Authority has announced the extension for solo-regulated firms of the deadline for completion of firms’ first assessments

The U.K. Has published Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment, etc., and Transitional Provision) (EU

The U.K. Supreme Court has handed victory to a group of British retailers (the “Respondents”) in a long-running dispute with MasterCard and Visa

On June 17, 2020, the European Commission published its highly anticipated White Paper detailing its “anti-subsidy tool,” aimed at rectifying

The U.K. Financial Conduct Authority has launched a consultation on its proposals to make permanent its ban on the mass-marketing of speculative

The U.K. Government has published the Cyber (Sanctions) (EU Exit) Regulations 2020 and an explanatory memorandum. The Regulations are made under the

With respect to layoffs and terminations, jurisdictions may require that grounds (beyond the employer’s economic difficulties) exist for termination