08/12/2024
Renewed concerns over state pension errors as LCP launches tool
This comes after former pensions minister and LCP partner Steve Webb identified a new group of cases where DWP appears to be making errors.
Legal, Regulation & Compliance
08/09/2024
HMRC issues new ‘nudge letter’ to crypto owners suspected of failing to pay correct tax
Accountancy firm BDO wants that this letter is targeted at those the tax authority knows have ‘disposed’ of crypto assets
08/09/2024
LGT Capital Partners expands its semi-liquid open-ended solutions with two private equity and private credit vehicles
The open-ended private equity strategy invests through diversified portfolios of secondaries and co-investments.
08/09/2024
The EBA publishes results from its first fact finding exercise on creditworthiness assessment practices of non-bank lenders
The EBA will continue monitoring the activities of NBLs through its biennial Consumer Trends Report
08/09/2024
Private markets pros admit to last-minute regulatory planning: research
The CSC study, which focussed on the role of special purpose vehicles (SPVs) in optimising private market investments, highlighted challenges in responding to regulatory changes.
08/09/2024
Navigating the Summer Surge: HR Considerations for UK Businesses
To navigate this busy period effectively, employers must consider the most suitable options
08/09/2024
Barclays scraps EU bonus cap for senior bankers
"It will allow us greater flexibility to differentiate individual bonuses within a small and defined group of colleagues," he added.
08/08/2024
FCA announces further expansion of Leeds office, creating more jobs in the region
The refurbishment project will begin late summer, and the new space will open in the autumn.
08/08/2024
FCA's VFM framework unlikely to deliver 'significant step change' in short term
Greer said the lengthy process to reach the consultation launch shows the challenges in achieving consensus on metrics.
08/08/2024
FCA progresses framework to drive long-term value for workplace pension savers
The joint framework would be used by pension providers and those making decisions on behalf of savers to provide greater transparency over how schemes are performing.
08/07/2024
Freshfields advises BNP Paribas on entering into exclusive negotiations with AXA for the acquisition of AXA IM and a long term partnership in asset management
The signing of the proposed transaction, expected by the end of the year, is subject to the information process and consultation of the employees’ representative bodies.
08/06/2024
Unauthorised mortgage broker and others ordered to pay £4m by High Court
The 4 defendants are ordered to pay around £4 million to the FCA.
08/06/2024
Mortgage brokers ordered to pay £4m for exploiting vulnerable customers
The defendants, including a father and son, used two unauthorised firms to run their multimillion-pound mortgage scam.
08/06/2024
Great Point Investments Limited enters liquidation
Great Point Investments Limited is a Small Authorised UK Alternative Investment Fund Manager.
08/05/2024
Unauthorised mortgage broker charged with fraud
Mr Okoh has been charged by the FCA with 3 counts of fraud by false representation and 1 count of carrying on regulated activities without authorisation.
08/05/2024
ESMA publishes data for quarterly bond liquidity assessment and the systematic internaliser calculations
ESMA has published the latest quarterly liquidity assessment for bonds available for trading on EU trading venues.
08/05/2024
IMF proposes ECB take over Clearstream Banking Luxembourg supervision
This suggestion was part of the “technical note on selected issues in banking supervision.
08/02/2024
European regulators say SCA helping to contain payment fraud
European regulators say SCA helping to contain payment fraud
08/02/2024
Afme outlines digital finance priorities for the new EU policy cycle
At the same time, these opportunities require careful consideration of new risks and challenges introduced by a growing use of AI.
08/02/2024
ECB and EBA publish joint report on payment fraud
The report also finds that losses stemming from payment fraud were distributed differently among liability bearers, depending on the instrument or country.