07/17/2024
FCA overhauls listing rules
The overhaul of listing rules better aligns the UK’s regime with international market standards.
Legal, Regulation & Compliance
07/17/2024
The EBA Banking Stakeholder Group held its first meeting in its new composition
Their role is to facilitate consultation and dialogue with stakeholders in all the areas relevant to the tasks of the EBA.
07/16/2024
Cyprus banks falling far short in social responsibility
In supporting economic growth and society, Cyprus banks are performing much worse than their counterparts in the euro area.
07/16/2024
Interim Credit Suisse Review Blasts Finma and SNB, SZ Says
The final report of the investigation is expected by the end of the year.
07/16/2024
PSR and FCA launch joint call for information on big tech and digital wallets
The use of digital wallets has grown rapidly over the last few years, and it’s likely that more than half of UK adults now use one.
07/15/2024
EQS Whistleblowing Survey 2024: European legislation drives digital whistleblower protection
Companies predominantly rely on digital channels to receive reports of unethical or illegal behavior at a central reporting point: 81% have introduced a software system for whistleblowers.
07/15/2024
German team advises banking syndicate on issue of Deutsche Bank's inaugural social bond with an aggregate principal amount of EUR 500 million
The issue proceeds from social bonds can be used to finance infrastructure projects or the creation and preservation of jobs, for example.
07/15/2024
‘Britain is back’: Keir Starmer promises UK will be at the heart of Europe
Prime minister wants to foster a new spirit of cooperation and partnership to confront the crises facing the continent
07/15/2024
EU takes Elon Musk's X to court over blue checks and ads
European regulators say when Musk relaunched the blue check “verification” system after he purchased Twitter in late 2022
07/15/2024
Prudential Regulation Authority (PRA) statement on the design of the dynamic general insurance stress test (DyGIST) 2025
This statement provides further information on the dynamic general insurance stress test that the PRA intends to run in 2025.
07/15/2024
Expected implications for UK non-domiciles
As part of these changes, it was previously proposed to reform some of the rules which apply to offshore trusts settled by UK Non-Domiciled residents as follows.
07/12/2024
Court sets dates for ‘finfluencer’ trials
These dates were the earliest the Court could accommodate this case
07/12/2024
José Manuel Campa interview with Világgazdaság: Regulators need to watch big digital platforms, European Banking Authority head says
Hungary as president of the European Union in the second of half of 2024 could play a key role in setting trends – José Manuel Campa said in the interview.
07/12/2024
GFSC fines trust company £266,000
The Guernsey Financial Services Commission said the failings were serious and spanned a significant period.
07/12/2024
Germany Threatens Fintech Solaris With Fines Over Slow Fixes
While the regulator relaxed measures this year for some of the firms, it has warned that the pressure won’t let up for those that don’t improve controls.
07/11/2024
FCA overhauls listing rules to boost growth and innovation on UK stock markets
The overhaul of listing rules better aligns the UK’s regime with international market standards.
07/11/2024
BNP Paribas and Mistral AI sign a partnership agreement covering all Mistral AI models
This first engagement produced strong results and, as a consequence, BNP Paribas extended the collaboration to the wider Group starting February 2024.
07/11/2024
FCA listing reforms admirable, but more to London's woes than the rules
The main reason for the gloomy clouds over the City is the makeup of the main indices.
07/11/2024
Britain fast-tracks biggest company listings shake-up in decades
The regime, which aims to attract a wider range of listings by reducing red tape, is backed by the country's new Labour government as it focuses on reviving growth and investment.
07/11/2024
Quilter warns of possible 'remedial costs' as regulators probe wealth customer service
Last month, the Financial Conduct Authority requested data regarding ongoing servicing from 20 UK wealth management firms