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.
Legal, Regulation & Compliance
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.
02/11/2022
FCA: Securitisation
Securitisation legislation aims to make the securitisation market work more effectively.
02/11/2022
ECB lifts banks' capital requirement on concerns over credit risk and governance
The results of the 2021 SREP cycle reflect both the resilience of Europe’s banking sector, which has played an important role in the euro area’s economic recovery, and the challenges that lie ahead.
02/11/2022
UK employers urged to prepare for ethnicity pay gap reporting
It said the ethnicity pay gap reporting laws “should include the requirement for employers to publish a supporting narrative and action plan” alongside the raw data.
02/11/2022
Outside influence over EU standards to be curbed
The Commission can ask ETSI, CEN and CENELEC to develop standards to support EU legislation and policy.
02/11/2022
Treasury and FCA move to regulate the marketing of cryptoassets in a similar way to high risk investments.
The result is that previously unregulated cryptocurrencies and cryptoassets will be brought into the financial promotion regime for the first time.
02/11/2022
Team Moves: Poached and Poacher
Whilst we await the Government’s consultation response on the future of non-competes in the UK
02/11/2022
Divergence ratios after Brexit. Parallel EU/UK merger reviews one year on
So what does the parallel merger control landscape look like one year after Brexit?
02/11/2022
Ex-Credit Suisse banker says she told bosses "everything" about Bulgarian clients
Swiss prosecutors allege that Credit Suisse and the former relationship manager did too little to prevent the alleged drug traffickers hiding and laundering cash between 2004 and 2008, despite indications that the funds could be of criminal origin.
02/10/2022
Financial Regulation: Daily Update
The European Insurance and Occupational Pensions Authority (EIOPA) has published its Supervisory Convergence Plan for 2022.
02/10/2022
FCA warns UK banks to be wary of Russian cyber threats
'Dear CEO' letter tells lenders to be on the lookout for retaliation to sanctions
02/10/2022
Finalising LIBOR transition – achievements in sterling markets and what remains to be done
Sterling markets navigated this transition on time and with minimal disruption
02/10/2022
Addleshaw Goddard Extends Global Footprint Into Ireland
The business has ambitious growth targets for the region and plans to double in size by 2025.
02/10/2022
Carey Olsen and Oakbridge support Lorton Entertainment on launch of debut film fund
The Carey Olsen team acting as lead counsel to Lorton on the launch comprised partner Chris Griffin and counsel Andrea Steel.
02/10/2022
FCA orders investment platform to remove social media posts
Freetrade was founded in 2016 and offers commission-free stock trading as well as a Sipp and a stocks and shares Isa.