UK:
Is The Financial Services And Markets Bill 2022 Really The UK's "Big Bang 2.0"?
21 February 2023
Katten Muchin Rosenman LLP
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The UK Government introduced the Financial Services and Markets
Bill into Parliament on 20 July 2022. The Bill comes with high
hopes, and has been described as a "once in a generation
opportunity" to improve the UK's financial regulatory
framework, and to make the UK's financial services sector more
competitive in a post-Brexit world. The Bill has been cited by a
number of UK politicians as the start of a "Big Bang 2.0"
for the UK's financial sector.
The Katten UK Financial Regulatory team presented a webinar
discussing what the proposed Bill might mean for financial trading
and markets firms and whether it really could be the UK's
"Big Bang 2.0." The webinar covers a number of topics
under the Bill, including the revocation of EU law, changes to the
powers and objectives of the UK regulators and transitional changes
to the UK's MiFID regime under the Wholesale Markets Review. Watch 'Is the Financial Services and Markets
Bill 2022 Really the UK's "Big Bang
2.0"?'
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