10/26/2020
PIMFA calls for the approval of unregulated financial promotions to be a regulated activity
By making the approval of financial promotions a regulated activity, the Government would be empowering the Regulator and enabling it to take enforcement action on firms that approved unsuitable investments without the necessary expertise or due diligence
10/26/2020
At the same time, retaining talent with the promise of large bonuses is getting harder as the Covid-19 pandemic puts a spotlight again on banks’ variable compensation.
10/26/2020
This represents a further positive development for deVere, which continually seeks to grow and adapt in order to meet evolving market conditions.
10/26/2020
It comes as ministers are drawing up plans to overhaul quarantine rules over fears the current guidelines are not being followed.
10/25/2020
The Consultation marks the Commission’s first deep engagement with the public on the road to what could end up being a significant reform and it brings up again some of the issues that vexed engagement during the introduction of the AIFMD.
10/25/2020
This recognition – thanks largely to the time, effort and energy expended by our clients and contacts in giving their feedback – demonstrates our ability as a firm to guide businesses, high-net-worth individuals and their families and philanth
10/25/2020
Manager Neil Woodford was subsequently sacked by Link, the fund broken up and a majority of the assets disposed of with money being returned to investors.
10/25/2020
The rule on intra-group switching comes into force immediately.
10/23/2020
International banking supervisory community meets virtually
10/23/2020
The 1MDB transactions involved clients and counterparties in jurisdictions with higher financial crime risk.
10/23/2020
Consumers can apply for a payment holiday or partial payment holiday until 31 October 2020.
10/23/2020
The new legal framework would omit some of the conditions required by the 2014 circular
10/23/2020
DPAs allow a prosecution to be “suspended for a defined period” provided the organization meets certain conditions.
10/23/2020
For over 20 years, our firm has built a respectable reputation through our commitment to stewardship and independence
10/22/2020
But as loan repayment holidays come to an end and job protection schemes fade away to be replaced by less generous measures, those without their own financial defences are at risk of experiencing severe financial damage.
10/22/2020
The ‘extremely manipulative and dishonest man’ conned victims to ‘fund his own extravagant lifestyle’
10/22/2020
This decision follows a ruling by the Federal Administrative Court in December 2019, which had confirmed FINMA’s assessment of the case but had remanded the aspect of the disgorgement amount to FINMA.
10/22/2020
Large rises have ‘angered’ advisers who are turning to Treasury Select Committee for help
10/22/2020
At the same moment, the case law of the Court of Justice of the European Union decided before the end of the transition period will acquire broadly the same status as that of the UK Supreme Court.
10/22/2020
The FCA and the PRA have published a joint letter to chief executive officers (CEOs) of all PRA-regulated insurance firms on the importance of being prepared for the end of the transition period