06/10/2022
Neuchâtel WM obtains Finma licence
Firms which manage assets on a commercial basis in the name and on behalf of occupational pension schemes must be authorised by the regulator, according to FinIA, which came into force on 1 January 2020.
Legal, Regulation & Compliance
06/10/2022
PIMFA publishes diversity & inclusion reports as it extends deadline for entires to this year's D&I Awards
“We are really excited to be holding our Diversity & Inclusion Awards again this year."
06/10/2022
Raising rates, calming markets – testing times for the ECB
That makes a shallower hiking cycle in Europe more likely, with rates peaking at 1.25% in the first quarter of 2023.
06/10/2022
UK decision against imposing direct rule on BVI
We welcome the clarity of this announcement for the people of the BVI.
06/10/2022
New ESMA Guidance on Sustainability Risks and Disclosures
While the Briefing is aimed at NCAs, is non-binding and not subject to any 'comply or explain' provisions, it sets out several key supervisory expectations.
06/10/2022
Ogier celebrates 10 years in Luxembourg
The last 10 years have seen Ogier, which was the first offshore firm to set up a presence in the jurisdiction, grow its Luxembourg team from two to seven partners, with a headcount now of more than 50 people.
06/10/2022
Irish funds await Central Bank’s response to EU sustainable finance guidance
ESMA suggests that regulators create checklists to assist with the assessment of compliance with the requirements that pre-contractual disclosures
06/10/2022
Financial Services & Banking News
The proposals in this consultation paper would result in further changes to Commission Delegated Regulation
06/09/2022
Managed Funds Association accuses LME of 'conflict of interest' during nickel turmoil
The complaint also argued that LME could have prevented the market disorder had it acted sooner, but failed to take timely action, resulting in a lack of protection for investors.
06/09/2022
22% of Brits contacted by pension scammers in last 3 months
As a third say they don’t know how to stop fraudsters targeting them
06/09/2022
PIMFA welcomes Financial Conduct Authority ban on Claims Management ‘phoenxing’
PIMFA has long argued that this practice should be stamped out.
06/09/2022
EBRD Vice President for Banking visits Croatia
During his visit, Vice President Pilloux will discuss cooperation in areas of strategic importance to Croatia, such as energy security, including the further development of renewable energy sources in the country, and the ongoing post-earthquake reconstru
06/09/2022
Pinsent Masons achieves Bronze Diversity Mark
Over the last decade the firm has implemented a number of measures designed to create a level playing field for career development and progression for its entire workforce including mentoring, training and reshaping working practices and policies.
06/09/2022
Linklaters advises Crédit Agricole CIB
The transaction was structured to qualify for off-balance sheet treatment under IFRS.
06/09/2022
Linklaters advises Lhyfe on its IPO on Euronext Paris
The London and New York offices were also involved in the case.
06/09/2022
Six Carey Olsen partners enjoy Best Lawyers recognition
The 11th edition of The Best Lawyers in the United Kingdom saw 6,000 lawyers recognised across 84 practice areas.
06/08/2022
Addleshaw Goddard Financial Services & Banking News
The updates reflect the feedback received to the consultation and include additional activities contributing to climate change mitigation.
06/08/2022
Pensions consumer journey
This Feedback Statement (FS) summarises the themes and sets out our response, ongoing workstreams and how we will use the feedback to inform future work.
06/08/2022
PS22/6: Preventing claims management phoenixing by financial services firms
We are introducing new rules for claims management companies prohibiting them from carrying out regulated claims management activity in certain circumstances.
06/08/2022
PwC fined £5mn over audits of London-listed construction groups
The penalties were reduced from £5.5mn and £3.35mn respectively in recognition of PwC’s co-operation