04/08/2022

Bank of England increases spending on data scientists

The most significant increase came between 2019 and 2020, amidst the Covid-19 pandemic, when the BoE’s total payroll for data scientist rose from £224,579 to £914,472, an increase of 307 per cent.

04/08/2022

EU authorities update disclosure regulation transition guidance

The new supervisory statement clarifies the ESAs' expectations towards market participants and national competent authorities to use the new transition period until 1 January 2023 to prepare for the application of the Commission's delegated act.

04/08/2022

Cayman freezes US$7.3 billion in Russian assets

These amendments include new financial, trade, and maritime measures, and restrict specified financial services with the Russian Central Bank and other Russian Federation agencies.

04/07/2022

Advisers face 5.2% FCA fee hike to £86.5mn

The regulator also justified the advice firm fee change, suggesting that between 2021/22 and 2022/23 the number of advice firms under its watch will decrease from 12,301 to 11,901.

04/06/2022

How the EBRD is supporting PPPs in Greece

It has supported public-sector clients in preparing PPPs in different countries, with complex documentation requirements and tender processes, and has also financed some of the private tender winners.