News

Operation of the MoU with the BofE for market infrastructure – 2018 performance statement

Domestically, the Bank of England co-operates with both the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) in relation to supervising financial market infrastructure (FMI) and payment systems respectively. The frameworks for co-operation with these authorities are set out in two memoranda of understanding which the signatories are required to review annually, including by [...]

February 14th, 2019|Comments Off on Operation of the MoU with the BofE for market infrastructure – 2018 performance statement

ESMA Chair on ​Brexit – the regulatory challenges

Steven Maijoor, the Chair of the European Securities and Markets Authority (ESMA), delivered a speech on ​Brexit - the regulatory challenges at the 4th European Financial Forum 2019 in Dublin this morning. The speech focused on ESMA's preparations for a no-deal Brexit across a number of areas including secondary markets, clearing and settlement and cooperation [...]

February 13th, 2019|Comments Off on ESMA Chair on ​Brexit – the regulatory challenges

New standards protecting children from irresponsible gambling ads

The Committee of Advertising Practice (CAP) have published new standards to protect children and young people from irresponsible gambling ads. This follows a review of the evidence on advertising’s impact on under-18s and rulings by the Advertising Standards Authority. The last review was carried out in 2014. The evidence suggests that exposure to gambling ads [...]

February 13th, 2019|Comments Off on New standards protecting children from irresponsible gambling ads

ASA Rulings published

The Advertising Standards Authority (ASA) rulings are published every Wednesday and set out on the public record how, following investigation, the advertising rules apply and where the ASA draw the line in judging whether an ad has broken the rules. This week’s rulings have been published, and the following advertisers have been formally investigated. Rulings [...]

February 13th, 2019|Comments Off on ASA Rulings published

New rules to make online gambling in Britain fairer and safer

The Gambling Commission has announced new rules which online operators must follow to make gambling safer and fairer. The new rules, which follow an open consultation, will ensure operators verify customers’ age and identity details faster which will benefit consumers. Safer for children Until now, online gambling businesses have been allowed 72 hours to carry [...]

February 12th, 2019|Comments Off on New rules to make online gambling in Britain fairer and safer