04/19/2021
Unexplained Wealth Orders (UWOs) – under-used and under-valued?
A UWO requires an individual to explain how they acquired a particular asset.
Legal, Regulation & Compliance
04/19/2021
Privacy most important factor for digital euro, ECB survey finds
However, the majority stopped short of total anonymity, with only 1 in 10 highlighting anonymous transactions as an important feature of a digital currency.
04/19/2021
How psychometric testing works in risk profiling
That, in turn, deepens the relationship between the adviser and the client and facilitates fruitful conversations.
04/19/2021
Financial Regulation: Daily Update
The consultation sets out the FCA's proposals for changing prudential standards for MiFID investment firms and should be read in conjunction with the FCA's previous consultation paper published in December 2020.
04/16/2021
Improving European outlook casts shadow over region’s bond market
‘Peak pessimism’ has passed as countries accelerate vaccine programmes, investors say
04/16/2021
Banking regulators start climate stress tests
Lenders are being assessed on risks arising from extreme weather and the energy transition
04/16/2021
Access Partnership partners with public innovation boutique StateUp
A specialist, multi- disciplinary advisory firm focused on digital innovation with public purpose, StateUp works at the intersection of policy and digital technologies, providing policy advice and programme design, insights, training and evaluations to he
04/16/2021
Post _ Brexit Disputes With UK Parties - Continued Uncertainty As Decision On Lugano Awaited
For Irish entities dealing with UK counterparties, issues of dispute resolution may be more complex as a result.
04/16/2021
Brexit & The City: The Impact So Far
This report provides the most comprehensive picture yet of the impact of Brexit on the banking and finance industry in the UK and the emerging post-Brexit landscape of financial centres across the EU.
04/16/2021
Brexit: the impact of new immigration rules on English football
Points are based on a variety of factors including: number of international appearances, the rank of the selling club, and the quality of the league from which the player will be transferred.
04/16/2021
STM Group delays results after Court of Appeal case
The delay is due to the ruling in relation to the Adams v Carey case as announced by the Company on 1 April 2021.
04/16/2021
Netherlands: Consultation published on changes to tax classification rules for certain entities
Under the proposal, a CV would be classified as transparent for Dutch tax purposes irrespective of whether the admission and substitution of limited partners is subject to the unanimous consent of all partners.
04/16/2021
Germany: MOF publishes final decree on application of DAC 6 rules
EU tax authorities are working closely together not only to exchange information, but also to further develop the rules and to provide a coordinated approach to their application.
04/16/2021
Business Loan Network Limited enters administration
Business Loan Network’s retail Peer to Peer activities have been in wind down since 9 December 2019.
04/16/2021
FCA stops FXVC offering CFDs to UK customers
The FCA has stopped FXVC conducting any regulated activities in the UK and required the firm to close all trading positions and return the money to customers.
04/15/2021
AML systems and controls – an ever-increasing area of focus
Mr Steward addressed how seriously the FCA takes this crucial area of regulatory focus and reiterated the requirement for firms to have in place systems and controls that are purposeful and efficient in managing financial crime risk.
04/15/2021
Joint PRA and FCA Statement on the FSB Peer Review on remuneration
The Financial Stability Board published its report on the Peer Review of the United Kingdom.
04/15/2021
Regulating the UK as a global financial centre
Speech delivered by Nausicaa Delfas, Executive Director of International, Interim Chief Operating Officer and Executive Director of International, at City & Financial Global's Future of UK Financial Services Regulation Virtual Summit.
04/15/2021
Financial Regulation: Daily Update
The FCA and PRA have published a template version of their 'Dear CEO' letter regarding obtaining deposits via deposit aggregators.
04/15/2021
Malta involved in Italian fuel tax fraud investigation worth €1 billion
€600 million in assets seized and 23 people arrested.