12/06/2016
The PRA will review the statement of policy in 2018, following a review of the FPC SRB framework, and will review the statement of policy at least every two years thereafter. The statement of policy is relevant to large building societies and ring-fenced
12/06/2016
The Summer Budget 2015 set out a long-term plan for delivering this balance, one which takes account of developments in regulation and the ongoing recovery in bank profitability.
12/06/2016
It also applies to insurers and managing general agents which provide PII products and underwrite this class.
12/06/2016
It also identified scope to improve firms’ accountability for delivering good customer outcomes within some transfer and re-registration processes.
12/06/2016
This wage stagnation, combined with income and wealth inequality, has led to a widespread backlash against free trade and globalisation.
12/06/2016
With regard to MiFID II implementation, the FCA notes in the Consultation that it only intends to recover costs from those participants who are themselves most directly impacted by MiFID II.
12/06/2016
It expects to receive a green light from HMRC over the next few weeks and will then start offering the IFISA directly through its lending platform.
12/06/2016
Cristiano Ronald allegedly using offshore companies to hide earnings from image rights deals
12/06/2016
Italy’s government crisis threatens to derail the bank’s recapitalization plans
12/06/2016
Thirteen of the 28 are considered particularly problematic due to their failure to commit to the OECD’s Inclusive Framework for implementing the minimum base erosion and profit shifting reforms.
12/06/2016
Depending on the type of licence, the full authorisation will take two to six months to achieve.
12/05/2016
The introduction of the AEOI confirms Switzerland’s international commitment to implementing the AEOI standard
12/05/2016
Russia’s Federal Security Service has already warned of attacks that might be aimed at local banks
12/05/2016
The transaction duty will be lowered
12/05/2016
Lloyds subsidiaries will receive payouts when RBS settles claims over its ill-fated £12bn rights issue in 2008, Sky News learns.
12/05/2016
They are required to pay particular attention to clients based offshore or in tax havens.
12/05/2016
Insurer says PRA is effectively overruling the board on setting capital requirements
12/05/2016
The split settlement adds a fresh dimension to an unprecedented English lawsuit that already stands out for its size and complexity
12/05/2016
Bank settles with some of the claimants who allege it misrepresented its health
12/02/2016
FCA cash savings market study – disclosure and switching rules now in force and new data on savings interest rates