03/23/2022

Financial Services and Banking News

The FOS states that the award limit is the maximum amount it can require a financial services firm to pay when they uphold a complaint.

03/23/2022

Aggregates levy in the UK

Aggregates levy is charged at a flat rate of £2 for every tonne of rock, sand or gravel extracted, and proportionally for any amount under that weight.

03/23/2022

Financial Regulation: Daily Update

In the letter, the CMA highlights the remaining items to be implemented and asks the OBIE to continue to monitor and provide updates on progress.

03/23/2022

Financial Services and Banking News

The EBA found that most competent authorities in its sample were committed to strengthening their approach to AML/CFT supervision, with almost all growing their AML/CFT teams and expecting to further expand them in the future.

03/21/2022

Financial Services and Banking News

The Act also amends Commission Delegated Regulation ((EU) 2021/2178) concerning the information to be disclosed by large non-financial and financial undertakings.