12/03/2021

Financial Service & Banking News

The supervisory statement aims to assist competent authorities (CA) to supervise the implementation of IDD POG Delegated Regulation ((EU) 2017/2358) (POG rules) by manufacturers and distributors in ensuring that products are aligned with the target market

12/03/2021

Ogier ranked among Luxembourg's top law firms

In its 2022 edition, the international rating agency has also singled out eight individuals from Ogier for recognition: William Jean-Baptiste, François Pfister, Benoit Rose, Bertrand Geradin, Laurent Thailly, Daniel Richards, Jad Nader, Hél&

12/02/2021

Financial Regulation: Daily Update

The FCA says it will consider this feedback alongside that received to its joint Call for Input with The Pension Regulator (TPR) on the Pensions Consumer Journey.

12/02/2021

Consumer warning on Grosvenor Associates Ltd

Customers are also advised when considering an investment to check both that they are dealing with a firm that is authorised and that the firm holds investment permissions.

12/02/2021

Financial Service & Banking News

The FCA is proposing to increase the minimum fee from £1,151 to £2,200 as a reflection of the costs associated with the authorisation and supervision of 51,000 firms throughout the UK.

12/02/2021

Tracking Hackers: Court Considers Crypto Fraud

In addition to seeking the injunctions against the fraudsters, the claimants applied for disclosure orders, under the Bankers Trust and Norwich Pharmacal principles, against the Binance entities to discover the identity of the fraudsters.

12/01/2021

Offshore SPACs Listing on the London Stock Exchange

The Hambro Perks SPAC is a Guernsey company. Companies formed in Guernsey, Jersey, the Cayman Islands, the BVI and Bermuda (“Offshore”) all have similar benefits making them attractive as SPACs for listing on the LSE, which are summarised in t

12/01/2021

Financial Regulation: Daily Update

Under the new proposals the minimum fee would increase from £1,151 to £2,200. In addition, the FCA is proposing changes to the calculation of consumer credit firm fees to bring them more into line with other firm fees.