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Legal, Regulation & Compliance

08/11/2022

EU Cohesion Policy: €76 million for a just climate transition in Austria

The green economy is our future and the Just Transition Fund is here to support a smooth and fair green transition in Austria's regions that face the steepest path to climate neutrality.

08/11/2022

CISI warns managers of workplace 'banter'

The research surveyed almost 750 individuals, 43 per cent female and 55 per cent male.

08/11/2022

Bailey stresses importance of BoE independence

Bailey said regulatory independence is important for the competitiveness of the UK financial sector.

08/11/2022

FCA sets out plans to strengthen financial promotion rules for high-risk investments

The FCA said it is concerned that “too many consumers are just ‘clicking through’ and accessing high risk investments without understanding the risks involved”.

08/11/2022

UK standard-essential patent reforms parked, for now

The UK is not alone in considering whether the SEP ecosystem achieves the right balance between incentivising innovate and providing implementers access to standardised technologies.

08/10/2022

EBA consults on technical standards to help originator institutions determine the exposure value of synthetic excess spread in securitisations

It also introduced a provision on how to determine the exposure value of SES in synthetic securitisations.

08/10/2022

Atom Bank attains full registration with business Standards

Atom Bank is "going beyond" basic statutory regulatory requirements.

08/10/2022

One Four Nine Group Acquires Second Firm In Scotland

One Four Nine Group recently launched its tax efficient alternative investment panel exclusively for all its Locations

08/10/2022

A new type of FCA authorised fund - the Long-Term Asset Fund (LTAF)

The purpose of the LTAF is to provide a UK authorised open-ended fund structure that enables investment in long-term, illiquid assets while offering appropriate structural safeguards.

08/10/2022

Fraudster pleads guilty to giving unauthorised advice

Sentencing for the offences of carrying on unauthorised business will take place after the conclusion of the trial for the fraud offence.

08/09/2022

FCA reforms rules for financial promotions

This rule is known as the “financial promotion restriction” and is set out in section 21 of the Financial Services and Markets Act 2000 (FSMA).

08/09/2022

FSCS urges families of deceased LCF investors to come forward

At the time, it still had 88 bonds left and had paid out on 12,330 bonds, totalling more than £114mn.

08/09/2022

Pru apologises for appalling customer service levels

The client has now received their benefits and has been paid £225 in compensation.

08/09/2022

PwC fined £2.5m over BT fraud audit failures

One of the firm’s former audit partners was fined £60,000

08/08/2022

JetBlue Airline boss over-hiring to beat staff exodus

Airlines have cut summer schedules and made last-minute cancellations.

08/08/2022

City workers get double-digit wage rises while lowest-paid see 1% increase

Report finds ‘tale of two labour markets’ as workers in London’s financial district enjoy inflation-busting increases

08/08/2022

PS7/22 | CP3/22- Responses to Occasional Consultation Paper – March 2022

The implementation date for the policy changes set out in chapters 2, 3, 4, 5, 7, and 8 of this PS is Thursday 1 September 2022.

08/05/2022

Bank of England shows new focus on inflation

Central bank accelerates rate hikes with 0.5% increase, but dire forecasts signal rates may not go as high as previously feared.

08/05/2022

Outsourcer Serco to hand out total of £9m in one-off payments to staff

The payments will be made to staff outside management grades

08/05/2022

Explanatory Note: Managing the operational implications of APF

During the course of 2022, the Monetary Policy Committee began reducing the stock of assets held in the Asset Purchase Facility to meet its monetary policy objective.

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