08/22/2025
ING bank probed for role in Didier Reynders money laundering case
The bank is being probed by the Brussels prosecutor's office for potential acts of "influence peddling".
Legal, Regulation & Compliance
08/22/2025
1MDB case: bank JP Morgan Suisse convicted by summary penalty order
This criminal conviction stems from one of several cases connected with the embezzlement of assets belonging to the Malaysian sovereign wealth fund 1MDB.
08/22/2025
Banque J. Safra Sarasin SA and one of its former relationship managers convicted by summary penalty order
Banque Safra having also paid a settlement amount of CHF 16 million to Petrobras, private claimant in the proceedings, the OAG has not ordered a compensatory claim.
08/21/2025
Scottish Widows gets FCA approval for LTAF
The overall ‘open architecture’ fund will be managed by Carne, with sub-funds run by Aberdeen and BNP Paribas.
08/20/2025
Review of the analytical framework supporting financial policy at the Bank of England
Our Financial Stability Papers are designed to develop new insights into risk management, to promote risk reduction policies, to improve financial crisis management planning or to report on aspects of our systemic financial stability work.
08/20/2025
Millions to receive essential benefit payments ahead of August bank holiday
Millions of people will receive their essential financial support before the August bank holiday weekend, as the Government has confirmed that benefit payments will be brought forward to Friday 22 August.
08/20/2025
Mishcon de Reya recognised in WIPR Global Trade Secrets Rankings 2025
The recognition notes our growing trade secrets practice operating from our offices in London, Cambridge, Oxford, Hong Kong and Singapore
08/19/2025
The EBA publishes its final standards for off-balance sheet items conversion factors
Under the standardised approach of credit risk, the exposure values of off-balance exposure depend on the application of certain percentages, which in turn rely on a bucket classification.
08/19/2025
Bank of England may face lower inflation despite ‘Oasis bump’
Such a scenario could ease concerns that inflation has proven more difficult to bring down, which would lead to further calls for interest rates to be cut.
08/19/2025
Approach to KPIs as Listed Impact Equity Managers
This regulatory shift is a welcome one.
08/19/2025
Pension fraud victims recover £81.5m with further payments to come
Among those compensated are victims of the Friendly Pensions Ltd fraud. Its operators, Susan Dalton and Alan Barratt, were convicted and jailed in 2022 for stealing £13.7m from savers after a prosecution brought by TPR.
08/18/2025
FCA sacked 12 staff for misconduct in 3 years
A total of 12 were sacked and 26 members of staff were issued with written warnings.
08/18/2025
Govt to consider benefits of linking state pension to life expectancy
Advisers shouldn’t base their career decisions on salary alone.
08/15/2025
Supervision of internal models evolves with regulatory developments
The guide to internal models, updated in July 2025, clarifies the ECB’s expectations in relation to EU legal requirements for banks
08/15/2025
UK AML registration rules every business must know
Anti-money laundering checks, or AML checks, are measures introduced by the government to prevent illicit economic activity.
08/15/2025
New SEB fund to invest in Europe’s defence and security
Europe is facing a new reality marked by a deteriorating security environment.
08/14/2025
Whistleblowing quarterly data 2025 Q2
This could be harm to consumers, to markets, to the UK economy or to wider society.
08/14/2025
UK and EU Money Laundering Risk Assessments 2025: Key Findings for Asset Managers
Both documents review developments between 2022 and 2024 and are intended to guide supervisory priorities and inform the risk management frameworks of regulated firms across the UK and EU.
08/14/2025
Neil Woodford and Andrew Bailey: Should the latter survive the former?
As the FCA hands out fines to Neil Woodford and his firm, Richard Buxton says the regulator needs to take its share of the blame for being asleep at the wheel as the crisis unfolded.
08/14/2025
FCA receives record 315 whistleblowing reports between April and June
The surge highlights growing staff and public confidence in raising concerns about wrongdoing in the financial sector.