Being better informed: December 2024

November was an eventful month, with the Chancellor announcing a package of financial services regulatory reforms in her maiden Mansion House speech. The speech set out the Government’s vision for the sector, prioritising competitiveness, growth, innovation and the transition to net zero, and was accompanied by a number of publications and consultations. 

Elsewhere, the Bank of England, PRA and FCA issued the final rules for the critical third parties regime, and the PRA and FCA consulted on significant changes to the remuneration requirements applicable to banks and building societies in the UK. 

Download this edition of Being better informed to read more about these developments, and for a comprehensive summary of all regulatory updates from the past month.