09/01/2023
Addleshaw Goddard: Financial Services & Banking News
The report highlights emerging issues in these markets, including concerns about market power of large and established firms, which can reduce competition.
Legal, Regulation & Compliance
09/01/2023
FCA analyses lenders’ fair value assessments
The plan aims to ensure that banks are communicating with customers much more effectively and offering them better savings rate deals.
09/01/2023
Diversity Project calls on FCA to set out clearer non-financial misconduct rules
Response to Sexism in the City inquiry
08/31/2023
Supporting consumers with pension transfers
Firms should create an environment where consumers feel they can disclose their needs and have structures in place to provide suitable support.
08/31/2023
Aegon UK joins list of signatories to UK Stewardship Code
The UK Stewardship Code is a set of voluntary principles that aim to improve the quality of stewardship practices by asset owners, managers and service providers.
08/30/2023
Phillip Schofield 'hires team of wealth management accountants to look after his finances' after admitting his TV career is over
After he admitted he lied to his long-term co-presenter Holly Willoughby, the broadcaster and his talent agency YMU he dramatically resigned from his This Morning role.
08/30/2023
Raiffeisen Bank Aval : In a joint special issue Raiffeisen Bank and Forbes Ukraine introduce the work and vision of the Ukrainian bank
The key topic is Ukraine's European integration.
08/30/2023
Standard Chartered drives inclusion with enhanced global parental leave benefits
Standardised minimum 20-week parental leave to be provided irrespective of gender, relationship status or how a child comes to permanently join an employee’s family
08/29/2023
Standard Chartered announces sale of its global aviation finance leasing business to AviLease
The Consideration is subject to adjustment with reference to the net asset value of the business at completion.
08/29/2023
Why a European Central Carbon Bank would help stabilise EU climate policy
The recently concluded 12-week public consultation on this matter emphasises the need for advanced climate neutrality strategies.
08/29/2023
Group restructurings to be simplified with new Dutch law
It will also be possible for Dutch capital companies to convert into a capital company of an EU Member State.
08/29/2023
Corruption risks in mining remain despite UK probes dropped
The SFO’s investigation into Rio Tinto was carried out with cooperation from other authorities around the world, including in the US.
08/29/2023
UBS Drops Credit Suisse Lawsuit Against Zurich Financial Blog
The lawsuit, which attracted attention in the banking center, was filed by Credit last December at the Commercial Court in Zurich.
08/25/2023
Deutsche Börse receives regulatory approval for takeover of SimCorp
SimCorp shareholders who have not yet accepted the offer but wish to do so are encouraged to take action well before 19 September 2023 as the offer expires on that day.
08/25/2023
Lazard Sweden managing director charged with aggravated bribery - reports
Gustaf Slettengren
08/25/2023
German watchdog warns of identity fraud from 'Baring' firm
Baring Private Equity London
08/25/2023
The FCA advice guidance boundary review
The Review aims to ensure that consumers get the help they need
08/24/2023
FSCS declares Dundee-based wealth manager in default
Chryson Wealth Management officially failed on 23 August
08/24/2023
The EBA updates data used for the identification of global systemically important institutions (G-SIIs)
This disclosure includes updated data items specific to the recognition of the Banking Union and of institutions that are part of the Single Resolution Mechanism.
08/23/2023
Bank of England warns higher rates could lead to corporate defaults
Added pressure to repay debts