11/03/2021
HSF Financial Regulation: Daily Update
The FCA's role in enabling and supporting innovation.
Legal, Regulation & Compliance
11/03/2021
EU regulators ease reporting demands in MiFID 2 "Quick Fix" Directive
From a high-level perspective, the changes are focused on reducing the administrative burden on affected firms with operations in the EU, including exemptions from ex ante cost and charges reporting plus some product governance requirements.
11/03/2021
Mantle Law launches in London
Mantle is not one to follow the crowd and so rather than a Western headquartered law firm expanding East, we are a Middle Eastern headquartered law firm expanding West.
11/03/2021
Get the basics right in family business employment law
While a family business may think—and hope—it will never be in a situation where it needs to serve notice of termination on a family member, having a contract in place which clearly sets out what he or she would be entitled to in such an event
11/03/2021
CRD6 could shut out cross-border financial services into the EU
In any case, it seems that the proposals would end national cross-border licences and exemptions which enable cross-border services into EU Member States.
11/03/2021
Declaratory relief escapes the doctrine of merger
The Claimant is thus prevented from bringing a second claim to recover a remedy that had already been the subject of the judgment between the same parties.
11/03/2021
Credit Suisse to tighten the reins after string of scandals
Credit Suisse drafted in seasoned banker Antonio Horta-Osorio as chairman in April to stop the rot and he will lay out his charter to reform Switzerland's second-biggest bank on Thursday when it presents third-quarter results.
11/03/2021
Key Challenges of Regulatory Reporting
As this conversation continues to unfold, firms will need to pay close attention if they are to enhance their regulatory reporting and avoid enforcement action.
11/03/2021
FCA acts to help investors make more informed ESG investment decisions
The FCA is committed to helping investors put environmental, social and governance (ESG) matters at the heart of their investment decisions.
11/02/2021
Financial Regulation: Daily Update
It is intended to provide firms with sufficient notice to allow them to manage the operating impact of any upcoming regulatory changes.
11/02/2021
EU Commission designates replacement rates for CHF LIBOR and EONIA
The CHF LIBOR is the rate of interest at which large multinational banks access the wholesale, unsecured funding market to fund themselves in Swiss francs.
11/02/2021
The ICO issues its response to the UK Government's proposals to reform the UK GDPR
While the ICO maintains that it supports the UK Government's review of the country’s data protection rules and the purpose behind that review, it raises many concerns about the proposals put forward by the Government.
11/01/2021
Ministers renew efforts to increase opportunities for talented women at the top of UK business
Government to back a new five-year review to monitor women’s representation in the upper rungs of FTSE companies
11/01/2021
The road to net zero: Aberdeen looks to a future without oil
Can the Granite city diversify into non-fossil fuel industries in time to avoid the fate of UK coal-mining areas?
11/01/2021
Asset managers should be fined for greenwashing, survey suggests
It also found advisers focusing on high-net-worth (HNW) clients (48%) are more likely than their mass market focused peers (40%) to think managers should face monetary penalties for greenwashing.
10/31/2021
Financial Regulation: Daily Update
ESMA will communicate the findings of this review activity in its report on the enforcement activities of 2022, to be published in spring 2023.
10/29/2021
ESG Investments: Assessing the litigation and regulatory risk of ESG failings – Part 1: Litigation risk from investment "greenwashing"
Regulatory implications will be considered in Part 2 of this series.
10/29/2021
High-Level Synopsis of the Stocktake of the Unintended Consequences of the FATF Standards
Despite these efforts, de-risking and financial exclusion remain challenges for many sectors and run contrary to the RBA promoted by the FATF and core philosophy of the RBA.
10/29/2021
Banking Package 2021: new EU rules to strengthen banks' resilience and better prepare for the future
Today's package finalises the implementation of the Basel III agreement in the EU.
10/29/2021
Financial Regulation: Daily Update
The FCA report also examines how the industry is making commitments to reach net-zero.