05/27/2021
Statement on the Recovery Loan Scheme (RLS)
Our approach to regulating firms in relation to the Government’s RLS.
Legal, Regulation & Compliance
05/27/2021
Dutch sickness data rules breached
“These are two very serious violations of the EU General Data Protection Regulation (GDPR),” Walter said
05/27/2021
EU court asked to rule on right to online anonymity
The right to online anonymity is to be tested in a case to be referred to the EU’s highest court.
05/27/2021
Funds Costs & Fees - Regulatory Spotlight
With this increased focus on costs and fees at both a European and national level, it is useful to consider the existing requirements, regulatory expectations and next steps for fund management companies.
05/27/2021
Ireland Exercises National Discretions Under IFD/IFR
The Irish Department of Finance, as the department responsible for drafting the domestic legislation which will transpose IFD into Irish law, issued a public consultation on the national discretions under IFD in May 2020.
05/27/2021
What are government bond yields telling us about the economic outlook?
Speech given by Gertjan Vlieghe, External Member of the Monetary Policy Committee
05/27/2021
Malta: improvement in fighting money laundering and terrorist financing
As a result of assessment in 2019, Malta was requested to report to MONEYVAL under the enhanced follow-up procedure.
05/27/2021
TISE lists more than 40% of UK REITs
The International Stock Exchange (TISE) is now the listing venue for more than 40% of all UK Real Estate Investment Trusts (REITs).
05/27/2021
European Parliament expresses doubts about UK adequacy
The proposals are for MSPs to be required to meet the current Cyber Assessment Framework, 14 cybersecurity principles which currently apply to operators of essential services under the NIS Regulations.
05/27/2021
Board governance and executive governance – where to draw the line?
The diagrams below outline key responsibilities of the board and executive management.
05/27/2021
Financial Regulation: Daily Update
Feedback received will help inform policy development ahead of the legislation that will bring this compulsion into effect.
05/26/2021
FCA response to Amigo’s Scheme being rejected by the High Court
The Court has refused to sanction the Scheme of Arrangement proposed by Amigo (the Scheme). The FCA had objected to the proposed Scheme and is now carefully considering the Court’s judgment and Amigo’s response.
05/26/2021
Inside Arbitration: A New Frontier - What Does the Brexit Deal Mean fro Cross-BorderDispute Resolutionn and for Londo-Seated Arbitration?
The governing law of your contract is also an important factor.
05/26/2021
Ex-Dechert lawyer ‘threw his client under the bus’ to salvage ties with SFO, court hears
Ex-Dechert lawyer turned on client once fees dried up, court told
05/26/2021
UK’s Sunak to propose blocking London listings over national security, dirty money concerns
The limits to regulation were laid bare three years ago when the stock exchange listed En+, an energy company associated with the Russian oligarch Oleg Deripaska.
05/26/2021
Petition in Scots court demands inquiry into Donald Trump’s golf ‘wealth’
FORMER US president Donald Trump could yet be facing a Scottish investigation into the source of the wealth that he used to buy his two golf resorts in this country.
05/26/2021
FCA stops EverFX offering CFDs to UK customers
The FCA has stopped ICC Intercertus from conducting any regulated or marketing activities in the UK and has directed it to take all reasonable steps to stop other members of the EverFX Group doing the same.
05/26/2021
Why is the EU Breaking Its Own Treatise by Attacking a Small Pacific Island for not ‘Playing Fair’?
The Financial Action Task Force (FATF), responding to the APG at its February 2016 plenary session in Paris, placed Vanuatu on its dreaded grey list.
05/26/2021
Financial Regulation: Daily Update
The FCA has acted to stop a Cypriot firm and other members of its group from offering high risk contracts for differences (CFDs) to UK customers by issuing a first supervisory notice.
05/25/2021
How to Combat Money Laundering in Europe
Denmark’s financial regulator sees six ways to help banks identify high-risk activity.