05/30/2025
Finance IoM flags global AML award to local financial professional
IoM compliance analyst wins International Compliance Association Outstanding Achievement Award in Anti Money Laundering.
Legal, Regulation & Compliance
05/30/2025
UniCredit: Treasury Reaffirms Full Legitimacy of 'Golden Power' in Banco BPM Bid
UniCredit has filed an appeal with the Lazio Regional Administrative Court (TAR) seeking a review of the application of the 'golden power.' The hearing is scheduled for June 4.
05/30/2025
Farrer & Co advises Suntera Global on the acquisition of Khepri Limited
The transaction reflects Suntera’s continuing ambitious growth strategy, designed to empower institutional clients with exceptional support across a broad and expanding range of alternative asset classes and jurisdictions.
05/29/2025
FCA statement on Basset & Gold complaints
Both were unregulated firms that raised funds by issuing mini-bonds.
05/28/2025
Citi Handlowy Announces Agreement to Sell Consumer Banking Business in Poland to Velobank S.A.
Transaction marks last of the announced international consumer sales as part of Citi’s strategic refresh
05/28/2025
UK FSCS trims annual levy expectations
The UK’s Financial Services Compensation Scheme has today lowered its annual levy expectation for 2025/26 to £356m.
05/28/2025
Rebalancing risk to fuel growth
Speech by Dominic Holland, director of market oversight, at the Association of Corporate Treasurers Annual Conference 2025.
05/28/2025
The UK Employment Rights Bill – latest updates
There have been several more stages in the life of the Bill and considerable debate, but little sign of significant changes to the original proposals.
05/28/2025
The EBA releases final technical package for its 4.1 reporting framework to support identification and assessment of crypto asset providers and the Pillar 3 data hub
This framework will apply as of the second half of 2025.
05/28/2025
Greater flexibility for Guernsey PIF regime with updated rules
The enhancements continue the GFSC’s commitment to regulatory and product innovation, providing a proportionate regime for funds targeting all forms of sophisticated investors.
05/27/2025
Banks expect to lose millions in interest due to Sepa Instant
As a result, banks must pre-fund their accounts in the Target Instant Payment Settlement (TIPS) system to ensure liquidity during evenings, weekends, and holidays.
05/27/2025
Earning influence: lessons from the history of international currencies
Speech by Christine Lagarde, President of the ECB, at an event on Europe’s role in a fragmented world organised by Jacques Delors Centre at Hertie School in Berlin, Germany
05/23/2025
FSCS cuts levy forecast by £36m after recovery success
The projected total of £356m in compensation payouts is down from the £392m outlined in November.
05/23/2025
Variable compensation at Credit Suisse: The federal government goes to the Federal Supreme Court
The FDF has decided to file an appeal with the Federal Supreme Court, which will make the final decision on the case.
05/23/2025
FCA bans former Credit Suisse vice president following US criminal conviction
The FCA also secured Credit Suisse’s agreement to write off US$200m of debt owed by the Republic of Mozambique.
05/22/2025
FCA streamlines complaints data reporting requirements for firms
This will help firms to plan more effectively, as well as helping us process information more consistently, so that we can use our resources more efficiently and act quickly to prevent consumer harm.
05/22/2025
Restrictions imposed on wealth management firm Strowz Ltd in response to significant concerns
The firm is also required to keep assets in the business and notify us about any additional bank accounts it intends to open.
05/22/2025
The EBA observes that EU Deposit Guarantee Scheme funds to protect depositors against bank failures have reached €79bn
The DGSD ensures the adequate protection of depositors when banks fail, by guaranteeing that deposits up to a certain level will always be repaid even if the bank holding them fails.
05/22/2025
Rapidly shifting geopolitical environment could test euro area financial stability
While global macroeconomic imbalances remain a long-standing issue in the policy debate, it is not clear that tariffs are the best-placed policy instrument to address them.
05/21/2025
The EBA publishes 2024 Report of its key achievements and activities
The EBA focused on enhancing the Single Rulebook by issuing guidelines and technical standards on key banking topics, such as credit, market and operational risk.