03/06/2025
Germany & Europe step up with much-needed fiscal gear shift
This ambitious plan would mark a pivotal moment in Germany's long-restrictive fiscal strategy.
Legal, Regulation & Compliance
03/05/2025
ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments
Currently, there are 1,283 liquid shares and 1,003 liquid equity-like instruments other than shares, subject to MiFID II/MiFIR transparency requirements.
03/05/2025
BaFin imposes heavy fine on Deutsche Bank
Deutsche Bank had violated organizational obligations under the Securities Trading Act in connection with the sale of currency derivatives in Spain.
03/05/2025
M&A in the asset management and fund sector: Key themes for 2025
These factors have encouraged consolidation within the sector and favoured those businesses which are able to achieve scale both in terms of assets under management and distribution.
03/04/2025
FinTech start-up SWISS4.0 SA in liquidation
FINMA has engaged Valfor Avocats Sàrl as the bankruptcy liquidator.
03/04/2025
FCA bans former Credit Suisse executives following US criminal convictions
The former Credit Suisse managing directors have been banned for lacking integrity, following US convictions for arranging corrupt loans to the Republic of Mozambique.
03/03/2025
FCA charges two individuals with multiple fraud charges
They are also charged with using false documents in the process of committing the alleged fraud.
03/03/2025
Advisers Nelson and Stephens charged over alleged £2mn fraud
They have also been charged with using false documents in the process of committing the alleged fraud.
02/28/2025
Off-channel communications: a top regulatory risk for UK firms in 2025?
Off-channel communications are communications (including calls and written messages) made through channels not approved by the employer and to which neither employers nor regulators have access.
02/28/2025
The EBA consults to amend data collection for the 2026 benchmarking exercise
The EBA benchmarking exercise is the basis for both the supervisory assessment and the horizontal analysis of the outcome of internal models.
02/28/2025
Vontobel announces changes in governance
All changes are effective on March 1, 2025, and have been approved by FINMA.
02/27/2025
Helping markets thrive and managing systemic risk: the FCA’s approach to non-bank leverage
Speech by Sarah Pritchard, executive director of consumers, competition and international, at the Investment Association Roundtable.
02/27/2025
Civil servants face disciplinary action in crackdown on Whitehall credit cards
It comes after thousands of pounds were said to have been spent on luxury crystal glasses, cases of sparkling wine and thousands of pounds at private members’ clubs, Mail Online reports.
02/27/2025
European flight safety will continue to be monitored in Cologne
This is a result of the new lease agreement which it has concluded with Commerz Real.
02/27/2025
Travers Smith advises Canaccord on its acquisition of Brooks Macdonald Asset Management (International)
With this acquisition, Canaccord was able to add to its existing capabilities in Guernsey, the Isle of Man, and Jersey
02/26/2025
German central bank suffers first loss since 1979
The peak of the annual burdens has probably been passed," Bundesbank President Joachim Nagel said at a presentation in Frankfurt.
02/26/2025
Court sets date for £64 million WealthTek fraud and money laundering trial
Mr Dance was charged in December 2024 with alleged misappropriation of £64 million of customer funds between 2014 and 2023.
02/25/2025
Travers Smith advises Brooks Macdonald Group plc on the sale of international subsidiary
The deal completed last week following necessary regulatory approvals.
02/24/2025
Payment fraud on the rise: Regulator pushing various initiatives to support clients and industry
With the rise of social media and advanced scamming techniques, banks are increasingly confronted with a type of fraud called Authorized Push Payments (APP).
02/24/2025
FCA finds vast majority of ongoing suitability reviews delivered
The review focused on delivery of suitability reviews as firms generally included these as part of their ongoing advice service.