02/18/2021
The statement is issued as part of ESMA’s investor protection objective to safeguard retail investors, whose participation is key to the development of the Capital Markets Union.
02/18/2021
A witness who appears by audio-visual link must, as soon as is reasonably practicable after witnessing the signing of the Will
02/17/2021
JFSC fines three SG Kleinwort Hambros firms
The three SG Kleinwort Hambros firms acknowledged their failings at an early stage and have taken steps to make material changes to strengthen their governance arrangements and compliance systems and controls.
02/17/2021
UK told to 'boost it like Biden' and quadruple COVID stimulus to £190
This would be akin to the $1.9tn stimulus injection tabled by newly-elected US president Joe Biden, which is equivalent to 8.9% of the value of the US economy.
02/17/2021
Statement by Mark Steward, FCA Director of Enforcement and Market Oversight, on Woodford Investment Management Ltd and WCM Partners Ltd
Mr Woodford’s new business, WCM Partners Ltd, would need to apply for appropriate permissions before commencing any regulated activity in the UK.
02/17/2021
UK Charity Commission announce consultation on responsible investment guidance
From the responses received, the Commission identified that one of the main barriers to responsible investments was a technical one.
02/17/2021
UK govt. setting up green finance research hubs
The centre follows on from Chancellor Rishi Sunak last year revealing several green finance initiatives such as the launch of green bonds in 2021, as well as new regulations which oblige financial institutions to report on their climate impact by 2025,
02/17/2021
EU’s parliament extending blacklist criteria
Any expansion of the blacklist must be made by the EU’s Economic and Financial Affairs Council following an investigation and recommendation by the EU’s Code of Conduct Group.
02/17/2021
Economists publish paper calling for average 2% inflation aim
02/17/2021
Meanwhile HM Treasury will be carrying out reviews of the listing regime, the post-EU financial services regulatory framework and the future of financial services in the UK.
02/17/2021
Piraeus Bank is one of Greece’s four largest banks. Its main shareholder is bank rescue fund HFSF (Hellenic Financial Stability Fund) with a 61% stake.
02/16/2021
Hundreds of advisers adopt PFS vulnerability charter
Advisers who sign up to the charter are expected to display the commitment on their website.
02/16/2021
"Julian and the team have a strong track record of unparalleled expertise and guidance in this space in addition to a quality client following."
02/16/2021
“They are set to revolutionise transactions such as buying a house, when people are often required to prove their identity multiple times to a bank, conveyancer or estate agent, and buying age-restricted goods online or in person.”
02/16/2021
The adviser told the commissioner they had been authorised between 2001 and 2018 when holding controlled function positions at their own firm.
02/16/2021
The government has outlined a two-phase process in order to allocate CCUS programme support, and a proposed timeline for the process.
02/16/2021
Technology, regulation, and the future of financial crime compliance
02/16/2021
The intensely hierarchical and clannish ’Ndrangheta have fanned out across the world from their home base in southern Italy, often using family-based chain migration to get footholds in new markets.
02/16/2021
Covid-19: BoE releases scenario for banks and building societies not part of concurrent stress testing
02/16/2021
In a bid to maintain the considerable ‘investment it has seen since the introduction of the scheme’