09/06/2022
SFDR to determine future fund flows in Europe despite greenwashing concerns
Article 9 funds saw inflows in Q2
Legal, Regulation & Compliance
09/06/2022
Ireland suspends non-registration penalties for UK trustees until registration is simplified
The initial deadline date to register details of the beneficial ownership of a trust on the CRBOT was 23 October 2021 for trusts that were established on or before 23 April 2021.
09/05/2022
Rampant fraud shows no sign of slowing, putting sustained pressure on UK Courts
Press release update on KPMG Fraud Barometer which is the longest running study of its kind in the UK.
09/05/2022
Bank lobby presses review over pay cap and bonus ban
Up to 20% of successful applicants are refusing job offers even at entry level, BPFI claims
09/05/2022
FRC replacement body to be based in Birmingham
The move is part of a wider agenda by the government to shift 22,000 civil servants out of London and into the regions by 2030. So far 7,000 have moved.
09/05/2022
How Truss win will shape UK policy for businesses
If the court rules against the Scottish government, Sturgeon has indicated that she will approach the next general election as a de-facto referendum on Scottish independence.
09/02/2022
Stephenson Harwood advises on Abellio UK and Nederlandse Spoorwegen management buyout
Transportation & trade is a key sector focus for the firm, and this matter demonstrates our ability to advise our clients on their most challenging and complex deals.
09/02/2022
Financial Services & Banking News
The European Banking Agency (EBA) has published its second report on the functioning of anti-money laundering
09/02/2022
Skilled person reviews
The regulated firm puts forward its preferred choice of skilled person firm for our approval.
09/01/2022
Addleshaw Goddard: Financial Services & Banking News
The IBA has confirmed that the consultation is not an announcement that it will either cease or continue the publication of USD LIBOR ICE Swap Rate after June 2023.
09/01/2022
EY talks on multi-billion-dollar split drag on amid snags: ‘It’s a very lengthy process’
EY’s management had hoped to make a call on whether to split the firm by the end of August, but roadblocks remain
09/01/2022
Rowanmoor Personal Pensions enters administration
This is because the pension scheme assets (including cash) are held in trust by Rowanmoor Trustees Limited (RTL), which has not entered administration.
09/01/2022
FSMA Warns against Fraudulent Offers by Five Wealth Management Firms
False promises made by wealth management firms.
09/01/2022
Maltese advice firm and directors charged over $75m fraud
The company and one of the executives were also named in the Paradise Papers leak
08/31/2022
Energy price cap: smart meters could ‘offer some relief’
The price cap, which is set every three months, limits the maximum amount energy companies can charge households for each unit of energy they use.
08/31/2022
The EIB backs Tapojarvi with EUR 18 million to reduce the environmental footprint of the steel industry
The project will also cover the initial testing and ramp-up phases to transform the slag into valuable by-products and reduce landfilling.
08/31/2022
Co-operative Bank ordered to refund mortgage ERC
Porting a mortgage is the process of taking an existing mortgage deal on the current property and transferring it to another home.
08/31/2022
Fast-track planning route to speed up major infrastructure projects
Major infrastructure projects such road improvements and offshore wind farms will be delivered more quickly through a new fast-track planning route.
08/30/2022
BSPS redress scheme likely to be challenged at court by campaigners
The group submitted evidence to the now concluded Public Accounts Committee’s inquiry into BSPS.
08/30/2022
Completion of BNP Paribas Jersey Trust Corporation Limited
This latest deal will bring additional scale and local expertise to ZEDRA’s already fast growing Jersey office.