09/28/2021
Irish Regulatory Framework for Real Asset Depositaries
It sought feedback from industry on the proposed regulatory framework and earlier this year issued its long awaited guidance1 on the regime.
Legal, Regulation & Compliance
09/28/2021
Lawrence Stephens Acts for OakNorth Bank
Lawrence Stephens’ Real Estate Finance & Banking team have acted for valued client, OakNorth Bank, to facilitate a £10.6 million loan to Nine Points Property.
09/28/2021
Financial Regulation: Daily Update
It is also relevant to UK financial or mixed financial holding companies that are the immediate parent undertakings of firms that may be included in a DolSub.
09/28/2021
Ashurst advises Goldman Sachs International
Blue Prism's intelligent automation platform provides systems, cognitive tools, applications and technologies, including AI, machine learning, OCR and the Blue Prism Digital Exchange, a set of automation components available to business users.
09/27/2021
Financial Regulation: Daily Update
The FCA also stated that he had further demonstrated a lack of honesty and integrity when he concealed this from the FCA, providing the regulator with information which he knew to be false during a compelled interview.
09/27/2021
Simmons & Simmons take a leading role on Productive Finance
Simmons acted as the sole legal services firm on the UK Productive Finance working group.
09/27/2021
ESMA Consults on Proposals for a Review of the MiFID II Best Execution Reporting Regime
These proposals aim at ensuring effective and consistent regulation and supervision and enhancing investor protection.
09/27/2021
Consultation Paper on the Review of Certain Aspects of the Short Selling Regulation
All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.
09/27/2021
UBS notes postponed verdict in 4.5 bln euro French tax case
UBS noted a decision by French judges to postpone their ruling on the Swiss bank’s appeal against a 4.5 billion euro ($5.27 billion) fine imposed for helping wealthy clients stash undeclared assets offshore.
09/27/2021
Watchdog restricts authorised firm and issues warning
The watchdog says it has taken action to protect consumers.
09/27/2021
Financial Regulation: Daily Update
The roadmap sets out four recommendations, underpinned by 13 specific actions, to support defined contribution pension schemes with investing and to develop the long-term asset fund structure.
09/26/2021
FCA prohibits IFA and mortgage adviser for fitness and propriety failings
Mr George further demonstrated a lack of honesty and integrity when he concealed this from the FCA, providing them with information which he knew to be false during a compelled interview.
09/26/2021
Russian Cabinet presents draft law on LIBOR replacement to parliament
A similar replacement is stipulated in respect of the key rate of the Bank of Russia
09/24/2021
Esma fines UnaVista €238,500 for trade reporting failures
The breaches relate to failures in ensuring the integrity of data and providing direct and immediate access to regulators.
09/24/2021
EBA sees rapid growth in the use of digital platforms in the EU’s banking and payments sector and identifies steps to enhance the monitoring of market developments
The EBA observes a rapid growth in the use of digital platforms to ‘bridge’ customers and financial institutions.
09/24/2021
Avacade directors banned after pocketing £1.4m ahead of insolvency
Investigators discovered that between August 2014 and May 2015, Avacade collected commissions worth more than £1.6m.
09/24/2021
Long-established Scots law firms unveil merger deal
All offices will be retained and there will be no redundancies arising from the deal.
09/24/2021
End of an Era for UBS Legal Veteran
French government prosecutors are seeking a fine of at least 2 billion euros and 1 billion euros in damages and interest.
09/24/2021
Latham & Watkins Advises on Argo Blockchain Plc IPO
Firm represents the underwriters in the offering by the sustainable blockchain infrastructure and cryptocurrency mining company.
09/24/2021
Dramatic rise in fraud and scam complaints
Financial Ombudsman Service warns of fraud danger as it continues to help high numbers of customers.