10/01/2024
The Digital Securities Sandbox policy statement sets out the Bank and the FCA’s joint approach to safely adopting new technologies in the operation of financial market infrastructure.
10/01/2024
The national parliament would have to ratify any changes before they take effect.
09/30/2024
German opposition to a takeover of Commerzbank by UniCredit is a symptom of a wider issue
09/30/2024
Firms can even arrange pre-application meeting with the regulators in order to better understand the requirements, according to the announcement.
09/27/2024
The new powers of the DWP will be kept in check by a Code of Practice to prevent misuse.
09/27/2024
The political pressure follows UniCredit's move to seize control of about a fifth of Commerzbank's shares, paving the way for a possible takeover bid.
09/26/2024
Instead, firms must safeguard funds which can mean customers lose money or experience delays to funds being returned if the firm fails.
09/25/2024
Francis Buckman, alongside others, attempted to steal more than £2.3m
09/25/2024
Its clients have been transferred to another business
09/25/2024
Welcome to the Spear's guide to finding the best contentious trust lawyers in 2024
09/25/2024
Compliance costs in Europe amount to around €100bn annually
09/24/2024
In line with the corporate governance of the FCA, the board’s senior independent director, Richard Lloyd, carried out an internal review of the handling of the two individuals’ whistleblowing communications by the chair.
09/24/2024
New UK employment legislation is now in effect to strengthen workplace measures against sexual harassment.
09/24/2024
The OBR has warned that UK debt is on an unsustainable path and Rachel Reeves has pledged no return to austerity.
09/24/2024
Following the first public allegation, a second former employee of the watchdog, came forward with a similar allegation as to the handling of their whistleblowing communication to the chair.
09/23/2024
The ECB, as the EU’s chief financial supervisor, is responsible for ensuring anyone owning more than 10% of a bank’s shares is of good repute.
09/23/2024
Close Brothers has agreed to sell its wealth management unit to Oaktree in a £200mn deal as it seeks to strengthen its capital position ahead of a regulatory investigation into motor finance practices.
09/23/2024
The firm commissioned a global survey of around 800 major decision-makers in financial services organisations.
09/20/2024
Treasury will lay legislation in H2 2024 to provide us with the additional powers to deliver this reform.
09/20/2024
As part of this, the Government and FCA are committed to replacing EU-inherited consumer cost disclosure regulation with a new framework tailored to UK markets and firms.