05/24/2024
Navigating NPPR Processes in the EU: Insights from Luxembourg, the Netherlands, and Ireland
In this article, we provide an overview of the NPPR processes in Luxembourg, the Netherlands, and Ireland.
Legal, Regulation & Compliance
05/23/2024
The PRA’s approach to the authorisation and supervision of insurance branches
Policy statement 8/24
05/22/2024
Banking giant Citi fined £62m by UK watchdogs
Meanwhile, the Financial Conduct Authority handed out a £27.8m penalty
05/21/2024
Isle of Man considers change of policy on family offices
The call for input will lead to further research on the available options, which will form the content of a further consultation paper or discussion paper in due course.
05/21/2024
'Faked Satoshi ' Craig Wright Lied About Inventing Bitcoin: Judge Rules
A group of crypto firms brought the civil trial, the Crypto Open Patent Alliance (COPA), that sought to prevent Wright from claiming he invented Bitcoin.
05/21/2024
SureVu: Your Shield Against the Menace of Failed Trades in the Era of CSDR's Settlement Discipline Regime
The consequences of failing trades are not limited to financial losses; they extend to the credibility and professionalism of an asset management firm.
05/21/2024
Man sentenced over £19m unauthorised investment scheme
The FCA said Flintham lied about how the scheme was operated and the profits that he was making for his investors.
05/21/2024
Getting into the ‘grey divorce’ market
When divorcing later in life, a fair deal is more important than ever — with an adviser involved from the start
05/20/2024
Guy Flintham sentenced to 6 years for fraud over unauthorised investment scheme
On 19 February 2024, Mr Flintham pleaded guilty to fraud by false representation, following a prosecution brought by the FCA.
05/20/2024
FCA publishes details of common application shortcomings for prospective asset managers
The FCA identified a number of common errors that applicants should avoid when applying for authorisation for asset management activities.
05/20/2024
Doyle’s Guides: Payne Hicks Beach Family Team and lawyers listed the Leading London Family Law Indices 2024
Baroness Shackleton is awarded top rankings in two categories: Doyle’s Leading Family & Divorce Lawyers – London, 2024 and Doyle’s Leading High Net Worth Family Lawyers – London, 2024.
05/17/2024
Impending pension changes the hot topic at II Connect 2024 – The UAP Group
This session promises to be “both revealing and informative”
05/17/2024
Reed Smith advises Fasanara Capital on groundbreaking private credit on-chain securitisation
The real-world assets will then be used as collateral for a token issuance by the Luxembourg SPV to accredited investors in the UK and the U.S.
05/16/2024
Rules of conduct under FinSA: FINMA launches consultation on new circular
The Financial Services Act (FinSA) has been in force since the beginning of 2020.
05/16/2024
Three charged over CFD trading pension fraud
CFDs are a high-risk investment product used to bet on the price of an asset.
05/16/2024
'Finfluencers’ charged for promoting unauthorised trading scheme
CFDs are a high-risk investment product used to bet on the price of an asset, in this case the price of foreign currencies.
05/16/2024
Accountancy watchdog launches probe into UK network firm of Baker Tilly International
It noted that the investigation will be conducted by the its enforcement division under the audit enforcement procedure.
05/15/2024
New Finma director pours fuel on the UBS fire in his first speech
It made sense that Stefan Walter made his first industry appearance before the small bank symposium.
05/15/2024
ESMA Guidelines establish harmonised criteria for use of ESG and sustainability terms in fund names
The Guidelines establish that to be able to use these terms, a minimum threshold of 80% of investments should be used to meet environmental, social characteristics or sustainable investment objectives.
05/14/2024
Industry reacts to pensions dashboards delays report
The National Audit Office launched a year-long investigation into the delays in the delivery of the PDP following a request from parliament last summer.