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Regulatory reform: Master timeline. 30 January 2013: Draft statutory instruments published. 19 December: Financial Services Bill receives Royal Assent. 19 February 2013: Provisions relating to appointing senior members of FPC, FCA and PRA come into force. UK Government.
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Regulatory reform: Master timeline 30 January 2013: Draft statutory instruments published 19 December: Financial Services Bill receives Royal Assent 19 February 2013: Provisions relating to appointing senior members of FPC, FCA and PRA come into force UK Government 15 March 2015 most RTS enter into force and CCPs can seek reauthorisation 16 August 2012: EMIR came into force Mid 2014: First clearing obligations expected to apply EMIR 15 June and 15 July 2013: Equivalence decisions for first and second phase third country CCPs 2011 2012 2013 2014 2015 25-26 October 2012: EU Parliament votes on amendments to draft legislation but then refers matters back to ECON for further consideration MiFID II 13 December 2012: Council progress report of MiFID II 8 October 2013: EU Parliament to vote on MiFID II legislative proposals Implementation of MiFID II legislative proposals (at the earliest UK FSA 2 April 2012: FSA moves to ‘twin peaks’ operating model reflecting how PRA and FCA will operate 1 April 2013: Cutover to FCA and PRA
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