Publication
Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
United Kingdom | Publication | November 2024
In this edition of Regulation Around the World we review the UK Financial Conduct Authority’s (FCA) Consumer Duty (UK Consumer Duty) and see if other international financial services authorities have already got similar concepts in their frameworks; or whether the UK Consumer Duty not only sets a new UK standard for conduct in retail markets, but a new international standard across those markets surveyed.
We do this by taking a closer look at eight core components of the UK Consumer Duty, to identify whether it is a global first or whether in fact there are areas of other markets internationally which are already comparable to this new ‘higher standard’ in the UK.
The core components are:
In terms of other markets, we review the regimes as they apply to investment business in the European Union, Australia, South Africa, Singapore, Hong Kong, China and the United States.
The publication covers developments to October 30, 2024.
Publication
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
Publication
On 3 July 2025 the UK Takeover Panel (Panel) published PCP 2025/1: Dual class share structures, IPOs and share buybacks (Consultation) setting out a proposed framework for the application of the UK Takeover Code (Code) to companies with dual class share structures (DCSS companies).
Publication
Most incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.
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