imported>Doug Williamson |
imported>Doug Williamson |
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| ''Financial services - legislation - regulation - UK - Brexit.'' | | ''UK - Bank of England.'' |
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| | (MPC). |
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| :<span style="color:#4B0082">'''''First step in shaping UK’s financial services regime post-Brexit'''''</span>
| | Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates. |
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| :"The Financial Services Act 2021... is seen as the UK’s first step in retaking control of the financial services regulatory framework post-Brexit and ensuring that the UK remains an 'open and dynamic financial centre' while delivering on the Government’s vision for a more open, technologically advanced and greener industry."
| | Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC). |
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| :''Allen & Overy - 2021.''
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| | | With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate. |
| Changes introduced by the Act include:
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| * Amending the UK's MiFIR equivalence regime for third country investment firms to reflect the EU's Investment Firms Regulation.
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| * Empowering the Financial Conduct Authority to specify reporting requirements for UK MiFIR-registered firms.
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| * Updating UK EMIR to improve access to clearing services.
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| * Strengthening the insider dealing and market abuse regime under UK MAR.
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| == See also == | | == See also == |
| * [[Brexit]] | | * [[Bank of England]] |
| * [[Clearing]] | | * [[Monetary policy]] |
| * [[Financial]] | | * [[Official Bank Rate]] |
| * [[Financial Conduct Authority]]
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| * [[Financial Markets Association]]
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| * [[Financial Services Authority]]
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| * [[Insider dealing]]
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| * [[Investment Firms Regulation]]
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| * [[Legislation]]
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| * [[Market abuse]]
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| * [[Onshore]]
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| * [[Regulation]]
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| * [[Prudential Regulation Authority]]
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| * [[Retained EU law]]
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| * [[UK EMIR]]
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| * [[UK MAR]]
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| * [[UK MiFIR]]
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| * [[United Kingdom]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Cash_management]]
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| [[Category:Financial_products_and_markets]]
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| [[Category:Liquidity_management]]
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| [[Category:Technology]]
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| [[Category:Trade_finance]]
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| [[Category:Treasury_operations_infrastructure]]
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UK - Bank of England.
(MPC).
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.
Responsibility for setting UK monetary policy - to achieve monetary stability - lies with the Bank of England's Monetary Policy Committee (MPC).
With effect from September 2016, the MPC meets eight times a year to set and announce the Official Bank Rate.
See also
