07/15/2021
Alternative investment fund managers: how to prepare for the new UK prudential regime
Newgate have developed a readiness assessment to undertake a gap analysis of a firm’s systems and controls against the requirements identifying any remediation actions to be undertaken.
07/15/2021
This quarterly survey of banks and building societies is aimed at improving our understanding of the role of lenders’ liabilities and capital in driving credit and monetary conditions.
07/15/2021
The changes will be introduced on a staggered basis, beginning with larger employers.
07/15/2021
Instead, they must establish a register of members kept by the board of directors.
07/15/2021
Other notable developments include the CSSF’s updated guidance on granting loans to the public and updates to its UCITS and AIFM FAQs, the publication of a Circular on remote working as well as further EU sustainable finance developments.
07/15/2021
The Taxonomy Regulation sets out a classification of economic activities as environmentally sustainable.
07/15/2021
The firm previously advised 17Capital on its fourth fundraise which closed with commitments over €1.4bn in 2017.
07/14/2021
Legal persons providing crowdfunding services are now expressly excluded from the provisions of the Investment Services and Activities and Regulated Markets Law 2017, as amended.
07/14/2021
Stephen Allen pleads guilty to forgery
At the conclusion of these proceedings, Mr Haddow and others were ordered by the High Court to pay £16.9 million in restitution.
07/14/2021
Recognising the global nature of asset management and of key markets, the purpose of this framework is to guide FCA and Bank of England’s engagement with ongoing international work on open-ended funds.
07/14/2021
Malta could take longer to get off the FATF grey list
Leading financial crime expert warns that Malta faces a 'difficult road ahead'
07/14/2021
Business interruption insurance test case – Insurer claims data
The letter also set out our intention to gather information from all affected insurers regularly on the progress of their non-damage BI claims, and to publish some of this data.
07/14/2021
UK banks get green light on dividends
The relaxation of these restrictions is also an acknowledgement that the sector is in pretty solid financial shape and marks an interesting contrast with the European Central Bank which signalled caution on a quick return to big dividends in the Eurozone.
07/14/2021
Cross-border team represents leading private equity firm on acquisition valuing Belron at €21 billion.
07/14/2021
Man pleads guilty to forgery in FCA case
The forgery charge relates to events that followed proceedings by the FCA against Renwick Haddow for operating several unauthorised collective investment schemes.
07/14/2021
The discussion paper also focuses on the importance of data and disclosure in order to enable firms, regulators and other stakeholders to monitor progress.
07/14/2021
As an approved person Mr Creed was required to report the fact of his disqualification and the fact he was under criminal investigation to the FCA and failed to do so.
07/14/2021
The report includes metrics covering a range of aspects
07/13/2021
London courts consider £1bn lawsuit and another case related to foreign exchange trading
07/13/2021
The government agreed with the committee that there should be more focus on the issue of ‘secondary scammers’