11/03/2022
Building trust in macroprudential policy − speech by Colette Bowe
Given at the Annual Maxwell Fry lecture, Birmingham University Business School
Legal, Regulation & Compliance
11/03/2022
FCA's key priorities for the financial advice industry
Birmingham has been on a roll this year, and not just in sport with the Commonwealth Games, but being an important and substantial financial and professional services hub.
11/03/2022
FINMA publishes partially revised FINMA Anti-Money Laundering Ordinance
FINMA also recognised the regulations issued by the SRO-SIA, which have been adjusted to reflect the revised regulatory principles, as a minimum standard.
11/03/2022
Withers tech advises as climate fund ETF Partners leads on £10 million Series A investment
Withers tech is the technology, life sciences and venture capital focused team at international law firm Withers.
11/03/2022
Disclosure requirements and product labels among FCA ‘greenwashing’ proposals
The labels reflect different sustainability objectives – rather than being a hierarchy with one label regarded as better than another.
11/02/2022
FCA prosecutes five individuals for role in 'all-or-nothing’ investment scheme
It is alleged that that money was used to fund their lifestyles, rather than the binary options investments that were advertised.
11/02/2022
Addleshaw Goddard: Financial Services & Banking News
The methodology is aimed at National Competent Authorities and outlines a common European approach on how to identify unit-linked products which may offer poor or no value for money and require a close monitoring by the NCAs.
11/02/2022
European Commission publishes study on options for a unified SPC system
While the EU SPC Regulation provides for harmonised framework for granting SPCs, SPCs are national rights which must be registered in individual EU member states for them to have effect there.
11/01/2022
Addleshaw Goddard: Financial Services & Banking News
The guidelines provide guidance and best practices for banks, draws a distinction between Correspondent Relationships and Correspondent Banking activity and addresses entities other than banks who have Correspondent Relationships.
11/01/2022
Stephenson Harwood partners with litigation intelligence provider Solomonic
Users have the ability to track more than 60,000 claims, 130,000 parties and 5,000 law firms, as well as glean insights on case prospects and past litigant behaviour.
11/01/2022
UK: A Warning For Swiss Pensions?
They hedged the associated risks with derivatives using borrowed money and British government bonds as collateral.
11/01/2022
Dutch money laundering amendments to prompt greater AI use in transaction monitoring
The Council of State was unusually critical about the lack of data protection safeguards in a previous draft of the Act.
11/01/2022
Pensions disputes: Ombudsman addresses out of time complaints
A cashflow analysis established that, on the facts in place at the time, the scheme would run out of funds within a year.
11/01/2022
New BoE stats signal house price reduction may be on the horizon
Particularly as it starts to get colder, increased energy bills on top of eyewatering mortgages may make some homes simply unaffordable for people to stay in this winter.
11/01/2022
Article 8 Funds Shed Another €28.7bn
The consequences of SFDR are still feeding through into Morningstar’s flows data for ESG. In an update for Q3 2022, Hortense Bioy highlights the key trends
11/01/2022
The Prudential Regulation Authority’s monthly round-up of news and publications – October 2022
Stress test scenario for banks and building societies that are not part of concurrent stress testing.
10/31/2022
The role of the FCA in a changing regulatory landscape
Upfront effort from firms in implementing the Consumer Duty should mean fewer new rules down the line.
10/31/2022
FCA publishes notice of decision to cancel Umuthi Healthcare Solutions’ shares
The company was also in an ongoing, extended public dispute with individual investors as to the existence of certain shares.
10/31/2022
Delays to the UK’s access to EU scientific research programmes: status and next steps
Association to Horizon Europe is the closest form of cooperation with non-EU countries and allows entities of associated countries to participate in programme actions on broadly equal terms with entities of EU countries.
10/31/2022
The Swedish FSA continues investigation into Swedbank IT-incident
Swedbank has taken forceful measures to prevent this from happening again.