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Legal, Regulation & Compliance

08/05/2025

FCA issues fines of nearly £46m for failures managing the Woodford Equity Income Fund

Any findings in the Decision Notices are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers their behaviour should be characterised.

08/05/2025

The EBA publishes key regulatory products on operational risk losses under the EU Banking Package implementation

In such cases, the RTS allow for a temporary waiver from the requirement to calculate the annual operational risk loss.

08/05/2025

EIOPA publishes monthly technical information for Solvency II Relevant Risk-Free Interest Rate Term Structures – end-July 2025

The RFR information has been calculated on the basis of the Technical Documentation.

08/05/2025

CIFA hails steady growth in investment fund sector

Total Assets Under Management (AUM) reached €10.7 billion, marking a 6.6 per cent increase compared to the previous quarter and an 18 per cent rise year-on-year.

08/04/2025

Deutsche Bank demonstrates enhanced resilience in 2025 EBA stress test

Deutsche Bank’s capital ratios would also remain considerably stronger than in hypothetical scenarios modelled in the previous EBA stress test in 2023, indicating the bank’s greater resilience under stress conditions.

08/04/2025

The EBA publishes the results of its 2025 EU-wide stress test

The results confirm that European banks remain resilient even under a severe hypothetical economic downturn.

08/04/2025

FCA to consult on motor finance compensation scheme

The FCA has moved quickly on steps to set up a proposed compensation scheme because it wants to provide clarity and certainty to consumers, firms and investors as quickly as possible.

08/04/2025

FCA opens retail access to crypto ETNs

Financial promotion rules will apply so consumers get the right information and aren’t offered inappropriate incentives to invest.

08/01/2025

EU banks continue to meet their MREL requirements set by Resolution Authorities on the basis of the identified resolution strategies

Banks in the sample reported EUR 242bn of MREL instruments that will become ineligible by the end of December 2025 due to their residual maturity falling below one year.

08/01/2025

FCA seeks improvement to digital loan processes

The regulator found some lenders were using shorter, simplified language and providing explainer videos that helped customer understanding.

08/01/2025

The Arbitration Act 2025: key developments for arbitrations in the UK

The legislative changes to the UK's arbitration framework follow on from a detailed and lengthy consultation process conducted by the Law Commission, which Withers' Arbitration team engaged with.

07/31/2025

Chancellor pledges to unlock growth in Cornwall

Rachel Reeves confirms up to 1,300 jobs could be created following a £28.6 million National Wealth Fund investment to support the reopening of South Crofty Tin mine.

07/31/2025

H2O deputy CEO banned from industry and fined £1m for deceiving FCA

Alba ‘fell short of basic standards’

07/30/2025

FCA acts over alleged £23 million unauthorised collective investment scheme

CCG has given undertakings to the Court which have the effect of freezing its assets, pending the outcome of the trial or further order of the Court.

07/29/2025

A careless use of innovative compliance products can lead to money laundering and terrorism financing risks, the EBA says in its Opinion

The consistent application of the new EU legal framework will be key to addressing these risks.

07/29/2025

ESMA Prepares For Switch Toward Single Volume Cap In October 2025

Trading venues must base their decision to suspend the waiver use on the data published by ESMA under the dedicated VCM webpage.

07/29/2025

Cooperation Aims to Improve Transparency in Company Registers

The integration of datasets is expected to significantly improve international business transparency and foster global identifiability and discoverability.

07/28/2025

Time to be strategic: how public money could power Europe’s green, digital and defence transitions

The scale of these needs has grown significantly over the past year, requiring both public and private investment on an extraordinary scale.

07/28/2025

​The EBA publishes Report on direct provision of banking services from third countries

​The EBA considers that several factors make it difficult to measure the impact of the prohibition of direct provision of services from third countries set out in Article 21c CRD.

07/28/2025

Burges Salmon’s Private Wealth and Estates and Land teams recognised in leading HNW guide

Burges Salmon achieved seven practice area and 12 individual rankings in this year’s directory.

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