Olivier Peeters

Dec 28, 2023 | lexology.com | Robert Chaplin |Azad Ali |Sahej Grewal |Olivier Peeters

UK regulators have recently announced a number of reforms for banks and other financial institutions. On 23 November 2023, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) (together, the “regulators”) issued consultation papers on proposed updates to the UK change-in-control regime. On 5 December 2023, the PRA released a policy statement on a “Strong and Simple Framework” for UK banks.