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Legal, Regulation & Compliance

03/07/2023

£400m wealth management firm accelerates national expansion via new partnership

At the heart of the partnership is ThinCats’ ability to provide MWA with access to its pool of transitional debt capital, which provides existing IFAs with a “distinctive and attractive” alternative to the large number of consolidators i

03/07/2023

Addleshaw Goddard: Financial Services & Banking News

The inquiry coincides with the 25th anniversary of the Bank of England Act 1998, which gave the Bank independence, and will examine how operational independence is working.

03/07/2023

Linklaters acts for joint lead managers of record Luxembourg sovereign bond issue

The bonds are listed on the regulated market of the Luxembourg Stock Exchange.

03/07/2023

Two individuals face FCA fines for ‘flawed’ DB transfer advice

Both partners held approved person status at their firm.

03/07/2023

Millions released from dormant accounts to support vulnerable people with cost of living

£76 million tied up in forgotten accounts to be used to support people to get out of debt and assist social enterprises with innovative energy saving solutions.

03/06/2023

UK trade body for investment management joins IOSCO

IOSCO develops, implements and promotes adherence to internationally recognised standards for securities regulation.

03/06/2023

German banks accused of short-changing savers with low rates

CIO David Herro questions ‘future of franchise’ after years of scandal and client exodus as shares hit new low

03/06/2023

ECB’s first chief economist says bank acted too late on inflation

Pioneer of single currency warns of further 'shocks’

03/06/2023

Personal Injury Claims in Jersey

It used to be the case that if you lost your case, you would usually be liable to pay the defendant’s costs.

03/03/2023

Implied terms and unjust enrichment: silence in court

The High Court held that Mr Barton was not entitled to anything as there was no contractual obligation on Foxpace to pay him if the property sold for less than £6.5 million.

03/03/2023

Addleshaw Goddard: Financial Services & Banking News

The guidelines set out in this consultation provide overarching guidance for global and domestic market practices

03/03/2023

Bank of England signals base rate may have hit stable point

The base rate currently sits at 4 per cent as of the last meeting of the monetary policy committee at the beginning of February - a fifteen year high.

03/03/2023

Implementation of EU’s Representative Actions Directive takes shape in Germany

In contrast to the model declaratory action, which is solely aimed at establishing facts and legal questions, the new redress action will make it possible to bring a joint claim for performance against businesses.

03/03/2023

Withers invests in digital estate planning platform Zenplans to deliver new services to clients

Once an account is set up, it can be shared with family members, advisors and executors so that everyone has access to the system at the appropriate time.

03/03/2023

FCA opens enforcement investigation into LME nickel trading suspension

BoE to closely supervise LME Clear

03/02/2023

Swiss bank employees indicted in connection to Russia president’s vast fortunes

The charges stem from bank accounts linked to Vladimir Putin’s childhood friend Sergei Roldugin, whose web of offshore companies was first revealed in the Panama Papers.

03/02/2023

Switzerland to Review its Banking Secrecy Law After Suisse Secrets Revelations

The probe will now determine whether Article 47 needs to be updated.

03/02/2023

Withers' charity and philanthropy team wins recognition in major awards and directories

Our practice is renowned for advising 65% of the UKs leading charities.

03/02/2023

Linklaters advises Macquarie on selling its stake in Energie Steiermark

The business aims to significantly expand Energie Steiermark’s role for clean energy within the grid through additional investment in smart grid infrastructure alongside the deployment of new wind, solar and hydropower capacity.

03/02/2023

UK banks asked to explain why some savings rates remain so low

The committee wants to know whether net interest margins are linked to the amounts that bank bosses are being paid.

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