06/11/2021
The Basel Committee on Banking Supervision, made up of regulators from the world's leading financial centres, proposed a twin approach to capital requirements for cryptoassets held by banks in its first bespoke rule for the nascent sector.
06/11/2021
Greyfriars was declared in default by the FSCS in April last year, after the lifeboat fund received at least one eligible claim against the firm.
06/11/2021
The index market is dominated by three firms, FTSE Russell, S&P Dow Jones, and MSCI
06/10/2021
FCA introduces rule to protect customers from insurance ‘loyalty penalty’
As a result, the FCA included more guidance and detail on areas such as the treatment of incentives in the final rules.
06/10/2021
Constructive trusts and immovable property – English High Court grapples with a vexed question of Jersey law
It was common ground between the parties to the English proceedings that that question was a matter of Jersey law
06/10/2021
The EU said intellectual property and innovation are critical components in fostering trade and investment as well as stimulating innovation and competitiveness in the private sector.
06/10/2021
In the first few precarious months, law firms acted quickly to preserve cash, improving their debtor days, negotiating with banks and cutting partner distributions.
06/10/2021
The draft codes and guidance do not implement policy change but replicate the current codes and guidance with the incorporation of minor amendments such as updated references and new terminology where necessary.
06/10/2021
Climate change reduction targets will materially alter the economic world we live in over the coming years and may hopefully have a positive impact on our environment.
06/09/2021
Banks tested on climate crisis risks
Insurers will be assessed on the risks to their assets and liabilities, but were tested last year.
06/09/2021
Financial Ombudsman Service complaints rise across the FS Sector during pandemic
Financial services regulatory dispute resolution expert, and ex-FOS ombudsman, Anthony Harrison of Pinsent Masons, the law firm behind Out-Law, said the complaint data showed the impact of Covid-19 pandemic on lives and livelihoods has been profound.
06/09/2021
The Commission can adopt standard contractual clauses for the relationship between controllers and processors, as a tool to help to demonstrate compliance with the GDPR.
06/09/2021
The transaction gives Starwood controlled affiliates 100% ownership of RDI REIT after a c.30% stake was acquired in the property investment business from South African investor Redefine in July last year.
06/09/2021
Yves Mirabaud: "Zero risk policy is not a solution"
In addition, the law on data protection has just been completely revised and strengthened.
06/09/2021
This article sets out an overview and comparison of the most common regulated and unregulated Irish fund types
06/09/2021
In 2019 the EBA warned that the parallel stack approach was not compliant with the Basel agreement.
06/09/2021
The board therefore did not consider that the existence of legal risk should prevent the FCA from taking such action.
06/08/2021
Shapir Engineering and Industry, Mivne Real Estate, and Honeys Holdings were deemed an ‘unacceptable risk.’
06/08/2021
The Bank of England has today published a Discussion Paper which aims to broaden the debate around new forms of digital money and seek views on the Bank’s emerging thoughts on the subject.
06/08/2021
It operated in the UK on a freedom of services basis which means that some customers, both individual and small businesses, based in the UK have held policies with the firm.