On 9 April, in addition to FCA’s confirmation of its new measures to help retail banking customers:
- ESMA told national regulators to adopt a risk-based approach where fund managers are unable to prepare periodic reports within regulatory deadlines, and not prioritise taking supervisory action against those that are late and extended the deadline for comment on its MiFID 2/MiFIR transparency review to 14 June;
- PRA has extended the deadline of two additional returns;
- PRA announced it would keep the Systemic Risk Buffer rates at the December 2019 rate; and
- PRA published a modification by consent to the calculation of the total exposure measure of the leverage ratio.