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MHRA announces enhanced US collaboration and new international reliance routes for medical devices
The Medicines and Healthcare products Regulatory Agency (MHRA) has announced an expanded partnership with the US Food and Drug Administration (FDA) to accelerate innovation in medical technologies and artificial intelligence (AI), improve patient safety, and reduce regulatory barriers between the two countries. At the AdvaMed conference, MHRA Chief...
ISDA submits supplementary analysis to ESMA on derivatives reporting costs
The International Swaps and Derivatives Association (ISDA) has submitted its supplementary analysis to the European Securities and Markets Authority (ESMA) proposing cost savings for regulatory reporting. ISDA’s analysis, which is based on member questionnaire responses, serves as an addition to a joint response addressing ESMA's call for evidence...
Scotland—ICAS reports revised Common Financial Tool guidance in September 2025 insolvency technical update
The Institute of Chartered Accountants of Scotland (ICAS) reports that the Accountant in Bankruptcy has updated section 6.8 of its notes for guidance on the Common Financial Tool. This update raises the monthly utility expenditure limit, which requires no supporting evidence, from £143 to £146. The revised limit will be effective from 1 October...
Financial Services Regulation and Compliance—Insurance August 2025
Ireland—Banking & Financial Service analysis: This article, was written by A&L Goodbody LLP’s Insurance & Reinsurance team. Domestically, the Department of Finance launched a consultation on the Insurance Recovery and Resolution Directive. At European level, EIOPA issued an opinion on AI governance and monthly Solvency II technical information.
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