Draft SI: The Financial Services (Overseas Recognition Regime Designations) Regulations 2025
Summary by Financial Services: Regulation Tomorrow
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Draft SI: The Financial Services (Overseas Recognition Regime Designations) Regulations 2025
On 15 July 2025, there was published a draft of the Financial Services (Overseas Recognition Regime Designations) Regulations 2025. This draft statutory instrument sets out the powers and obligations in relation to HM Treasury’s (HMT) Overseas Recognition Regimes. In particular, it gives HMT the power to request information and advice from the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority (the Financial…
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