08/23/2019
The draft law largely follows the wording of the ATAD 2, but also addresses concerns raised by the marketplace and provides useful additional clarifications and examples in the commentary.
08/23/2019
‘Firms should also understand that we will take their compliance with our rules on financial promotions into account when considering applications for full authorisation.’
08/22/2019
The ‘alphabet soup’ of superclean share classes set to continue under court decision
08/22/2019
The FSA said in June it was investigating the bank for failing to inform customers that it expected a poor performance from its Flexinvest Fri investment product, and for continuing to sell it to new customers.
08/22/2019
The FSA found improvements had been made since an earlier review in 2016 by DNB, the Nordic region’s biggest bank by market value, but said the lender still had significant shortcomings and had taken too long to start to rectify earlier problems.
08/22/2019
Rules require banks to report incidents to the regulator if they meet certain criteria
08/22/2019
Now clients of SVS have been warned a fraudulent letter is circulating claiming to be from the company's special administrators.
08/22/2019
After Esma’s temporary restrictions on sale of contracts for difference
08/22/2019
Invesco and Dutch platform business Ohpen have been referred to mediation in a last ditch attempt to avert a £5 million law suit.
08/22/2019
All other aspects, including specific circumstances, which may make prudential provisioning expectations inappropriate for a specific portfolio/exposure, remain as described in the Addendum.
08/21/2019
Rabobank refused to respond to the newspaper's questions about individual clubs.
08/21/2019
The UK’s border’s won’t close on 1 November, because European citizens will still be able to enter the UK without a visa for up to three months
08/21/2019
The Scheme should run in tandem with the existing rules on Permanent Residence until then.
08/21/2019
GDPR has not gone un-noticed outside Europe, with Brazil, Japan and India all introducing privacy legislation aligned to GDPR, and California became the first US state to introduce a general data privacy law with the California Consumer Privacy Act emergi
08/21/2019
Chancellor announces new plans to help businesses that trade with Europe prepare for October 31
08/21/2019
This directive is the latest effort by the EU to increase tax transparency and information exchange.
08/21/2019
We pride ourselves in providing comprehensive, multi-jurisdictional legal advice at the times most beneficial to our clients
08/21/2019
Accredited Europe has also extended its program underwriting partnership with First Underwriting Limited
08/20/2019
Finance minister Olaf Scholz is prepared to inject 50 billion euros ($US55 billion), the cost of the last economic crisis to strike Germany.
08/20/2019
Many UK firms currently carry on cross-border services in Luxembourg in reliance on an EU financial services passport