03/20/2023
EU regulators express disagreement over AT1 bonds wipe-out by Swiss authorities
$17bn wiped out
Legal, Regulation & Compliance
03/20/2023
Central banks boost dollar liquidity to ease banking crisis
Joint action between six central banks
03/17/2023
Irish FinTech Regulation Focus 2023 - Six Key Areas
This sector continues to see significant growth
03/17/2023
The impact of the EU’s Alternative Investment Fund Managers Directive (AIFMD) on structures established in Luxembourg: What steps must be taken to comply with the Directive?
Specific requirements are applicable with respect to the members of the management body
03/17/2023
ECB puts faith in banking sector after latest rate rise
If inflation fails to come down swiftly this year, the bank could find itself with two competing forces – a struggling financial system that will impact on economic growth versus sticky inflation that shows no sign of returning to target.
03/17/2023
OECD: Central banks should continue to hike rates
Fight to bring inflation down
03/15/2023
Review of the national policy statement for ports
Announcing a review of the national policy statement for ports.
03/15/2023
Addleshaw Goddard: Financial Services & Banking News
This consultation is relevant to banks, building societies, PRA-designated investment firms and PRA-approved, or PRA-designated, financial or mixed financial holding companies.
03/15/2023
Budget 2023: Chancellor scraps lifetime allowance
The lifetime allowance has been hit by a series of cuts and freezes by the government since it peaked at £1.8mn.
03/14/2023
Maples Group's London Funds Team wins Hedgeweek Award
The Group's London office recently celebrated its 25th anniversary and has a strong reputation as market leader in legal and professional services providing top-tier expertise and knowledge.
03/14/2023
Which UK Funds Have Exposure to SVB?
Nearly 200 UK funds have exposure to Silicon Valley Bank but the portfolio weighting is small
03/14/2023
UK to respond with “swift and robust action” to any Chinese aggression
Some £3bn will go on defensive nuclear abilities and almost £2bn will boost arms stockpiles.
03/14/2023
Businesses await Hunt’s UK spring Budget
When Hunt sets out his spring Budget on Wednesday, he will do so buoyed by recent improvements to the UK’s short-term economic outlook.
03/14/2023
Bundesbank holds crisis talks over SVB collapse but ECB stands firm
German central bank, Bundesbank convened its financial crisis team on Monday over Silicon Valley Bank's collapse, despite the ECB holding off
03/13/2023
EU and UK action shows role for sanctions in tackling gender inequality
The move means nine individuals and three organisations will have their assets frozen in the EU, while four individuals and one entity will have their assets frozen in the UK.
03/13/2023
FCA confirms help for struggling mortgage borrowers and reveals rosier forecasts
FCA confirms help for struggling mortgage borrowers and reveals rosier forecasts
03/13/2023
Will the European Central Bank signal further rate rises are coming?
Some ECB-watchers think that after eurozone inflation overshot expectations in February — with core price growth excluding energy and food accelerating to a new record high — the bank will want to signal that significant rate hikes lie ahead.
03/13/2023
FINMA sees no sufficient grounds for proceedings following investigations into statements on outflows of client funds at Credit Suisse
Against this background, FINMA is informing the public about its activities in this matter. FINMA has investigated whether the statements give rise to indications of a violation of financial market law, which must be clarified within the framework of supe
03/13/2023
UK Digital Markets, Competition and Consumer Bill could have major impact on subscription providers
The UK’s Competition and Markets Authority (CMA) also actively enforces consumer protection law and has previously investigated auto-renewal subscription contracts involving anti-virus software and published guidance in this area.
03/13/2023
Bank of England report on climate-related risks and the regulatory capital frameworks
This report sets out the Bank's latest thinking on climate-related risks and regulatory capital frameworks.