02/18/2022
UK ruling referred to CJEU in post-Brexit first
According to state aid and trade law specialist Dr. Totis Kotsonis of Pinsent Masons,this case raises a number of interesting points.
Legal, Regulation & Compliance
02/18/2022
Providers take aim at FCA’s personal pension cash ‘warning’
Aegon does not think these should be called 'warnings' at all
02/17/2022
Legacy Systems in Banking: Using Automation to Minimise Risk
Banks that continue to conduct reconciliation using outdated legacy systems will ultimately lack the data quality, visibility and transparency required by modern regulators.
02/17/2022
Addleshaw Goddard: Financial Services & Banking News
The aim of this report is to present a comprehensive and practical approach to the EU Taxonomy
02/17/2022
UK to scrap golden visa scheme for foreign investors
Holders of these visas can then apply for permanent residency in the UK, at a speed depending on how much they invest.
02/17/2022
Assessment of Risks to Financial Stability from Crypto-asset
Direct connections between crypto-assets and systemically important financial institutions and core financial markets, while growing rapidly, are limited at the present time.
02/17/2022
Derivatives trading: Commission plans to expand EU-based clearing capacity
A CCP is an intermediary in derivatives trading that buys derivatives from one party and resells them to the other.
02/17/2022
FCA launches consultation on pension provider dashboard rules
It follows a similar consultation published at the end of last month by the Department for Work and Pensions
02/16/2022
FCA stops AJH Financial Services disposing of assets without permission
The Financial Conduct Authority (FCA) has stopped AJH Financial Services Limited, a firm that advised on transfers from the British Steel Pension Scheme (BSPS), disposing of assets without FCA permission.
02/16/2022
HMRC’s NFT seizure ‘unlikely to be the last’
“The fact that money laundering now turns to investments in digital assets itself brings us to the next level of online crime,” said Nils Rauer, expert for digital transformation at Pinsent Masons.
02/16/2022
UK Digital Right to Work Checks
The UK Home Office categorises employees into ‘Settled’ and ‘Pre-Settled’ status.
02/16/2022
Financial Regulation: Daily Update
Firm’s responsible for value measures reporting must submit their first report (for the 6-month period covering 1 July 2021 to 31 December 2021) by 28 February 2022.
02/15/2022
Former CFO and Finance Director guilty of misleading investors in case brought by the FCA, former CEO found not guilty
When the true position was revealed, shareholders suffered immediate losses in the value of their shares.
02/15/2022
Carey Olsen advises Sun Venture on latest London real estate acquisition
Together, the Jersey and Singapore teams advised on the launch of the JPF, which was used to facilitate the purchase, and all Jersey legal and regulatory aspects of the acquisition.
02/15/2022
Financial Regulation: Daily Update
The aim of the report is to present a comprehensive and practical approach to the EU Taxonomy which will support banks in their regulatory implementation journey and their client engagement efforts.
02/14/2022
Carey Olsen secures third straight year as leading legal adviser to Jersey funds
The firm's third year atop the annual rankings follows five years of standout growth
02/14/2022
Former Redcentric directors convicted for misleading investors
Estelle Croft, the firm’s former finance director, had already been sentenced to three years’ imprisonment, having pleaded guilty to charges of making false statements and false accounting, including to Redcentric’s auditors, PwC.
02/14/2022
Cross-border Wills, Probate, Trusts and Tax, vital considerations for British Citizens living in Italy, Spain or Portugal.
It is not uncommon for individuals to hold property in more than one European country, often without recognising that the laws of succession vary quite considerably from country to country.
02/14/2022
Wealth management platform advised by A&O
The A&O team is led by private equity partner Karan Dinamani
02/14/2022
Transforming data collection communication to firms – 10 February 2022
Communication to firms to provide an update on the progress of the joint transformation programme, which is being led by the Bank of England, FCA and industry to transformation data collection from the UK financial sector.