The regular monthly update on UK regulation relating to securities laws, is provided by Emma Radmore, Legal Director, Womble Bond Dickinson (UK) LLP, and covers UK regulatory developments during February 2020.
Laws, Regulatory Requirements and Consultations
FCA writes to CEOs on end of LIBOR. The Financial Conduct Authority (FCA) has written to the CEOs of asset management firms on preparing for the end of the London Interbank Offered Rate (LIBOR). It expects firms to take all reasonable steps to ensure the end of LIBOR does not lead to markets being disrupted or consumers harmed. The letter stresses the importance of ...