01/17/2022
The proposed Open Finance concept is much wider than Open Banking; affecting mortgage providers, consumer credit firms, investment and pension funds, as well as general insurers and intermediaries.
01/17/2022
“Lockdown, and the resulting dependence on digital services, has made it easier for criminals to impersonate legitimate services and scam consumers.
01/16/2022
For the guidelines' purpose, transferability covers all the elements that will facilitate the transfer of an entity, a business line or a portfolio of assets, rights or liabilities to an acquirer (public or private company), a bridge institution or a
01/16/2022
This revised version reflects the changes to the regulatory framework for peer reviews introduced in December 2019
01/14/2022
We are putting in place temporary measures for the reporting of the short selling indicator in transaction reports while we consider changes to the UK transaction reporting regime.
01/14/2022
The MIFIDPRU Remuneration Code (SYSC 19G) applies to MIFIDPRU Investment firms.
01/14/2022
The new webpage sets out how the MIFIDPRU remuneration code applies; self-assessment templates and tables; reporting requirements; and disclosure requirements.
01/14/2022
The PRA will engage with firms to assess the challenges that broad structural changes, such as increased digitalisation, are bringing to the sustainability of business models.
01/14/2022
These similarities may predict that, after a period of upheaval and significant cost, the worthy objective of establishing a higher level of consumer protection in retail financial markets and, importantly for firms and customers alike, greater consumer t
01/14/2022
The draft directive would impose a new tax transparency obligation between tax administrations under the DAC.
01/14/2022
The laws do not indicate the effective date of application of WHT to jurisdictions added to or removed from each updated version of the EU black list.
01/14/2022
The British Steel Pension Scheme scandal did not erupt until 2017.
01/14/2022
The law entered into force on the same day, upon its publication in the government gazette. Its key provisions are summarized below.
01/14/2022
The minimum tax regime also applies for nonresident income tax purposes for income derived through a permanent establishment in Spain.
01/13/2022
The proposed MELL would apply from the start of the FSCS’s financial year on 1 April 2022 to 31 March 2023.
01/13/2022
The UK Civil Aviation Authority (CAA) has announced that it is creating a new Environmental Sustainability Panel.
01/13/2022
In a joint consultation with the Prudential Regulation Authority (PRA), we are consulting on the management expenses levy limit (MELL) for the Financial Services Compensation Scheme (FSCS).
01/12/2022
The engagement with the EU DG FISMA began in August 2020 and culminated with The Bahamas' submission of additional information and data in early October 2021.
01/12/2022
The final rules are contained in the Application Fees (Amendment) Instrument 2021 (FCA 2021/63).
01/12/2022
The Brussels office is Shoosmiths’ first outside of the UK and meets two strategic objectives for the firm.