07/31/2023
The stress test assumed a static balance sheet based on the 2022 financial year and therefore did not take account of any current or future business strategies and management initiatives.
07/31/2023
There has also been significant variance between firms, with smaller firms offering higher interest rates on average than their larger competitors.
07/31/2023
The next FCA board meeting is scheduled for 28 September 2023.
07/31/2023
The law will nevertheless make significant changes to the relationship between UK law and retained EU law
07/31/2023
This appointment would be held on a confidential, without prejudice basis and the judge conducting it would have no further involvement in the case if it did not settle after the appointment.
07/28/2023
The regulators carefully considered the responses received to their consultation.
07/28/2023
Complaints made prior to this date will be considered under the existing scheme.
07/28/2023
The FCA states it intends to make changes to other application forms once the work on Form A is complete
07/28/2023
General meeting set for 21 August 2023
07/28/2023
When it is complete, the adviser will write to the individual if the advice was suitable or not.
07/28/2023
HM Treasury and Monetary Authority of Singapore joint statement on the eighth meeting of the UK-Singapore Financial Dialogue.
07/27/2023
The regulator’s findings come only days away from the introduction of the Consumer Duty.
07/27/2023
In such a case, the capital gain would be subject to a 1.2% effective tax (resulting from the application of the 24% CIT ordinary rate on a taxable income equal to 5% of the capital gain).
07/27/2023
Estimated cost to taxpayers has increased sharply as interest rates have risen
07/27/2023
Earnings at eurozone’s biggest bank beat forecasts but hit by litigation and restructuring costs
07/26/2023
In addition, FINMA has opened enforcement proceedings against a former Credit Suisse manager.
07/26/2023
While the case was closed years ago at the regulatory level, the civil law resolution drags on.
07/26/2023
The Advertising Standards Authority (ASA) is one of the regulators showing their willingness to take a firm approach to tackling misleading green claims.
07/26/2023
TIAs will not need to be carried out by businesses that self-certify against the DPF’s privacy principles.
07/26/2023
This differs from the 2022 Draft RTS which required these conditions to be “taken into account”.