04/12/2021
Bank of England tops private investors as biggest holder of gilts
‘Striking’ rise in UK government debt holdings comes as central bank stepped up QE during Covid crisis
Legal, Regulation & Compliance
04/12/2021
No turning back - An update on the key elements of DAC6 for EU member states
The principal objective of DAC6 is to provide tax authorities with early warning of arrangements that may involve aggressive tax planning.
04/09/2021
Financial Regulation: Daily Update
The LSB will be updating the Information for Practitioners documents on a rolling basis to help firms adhere to the revised Standards.
04/09/2021
Swiss Court Denies Appeal by UBS' French Clients
The court noted that the question of «fishing» for data had already been decided by Switzerland's supreme court.
04/09/2021
SFDR data gaps and admin burdens challenge fund managers: UBS
UBS expects the new regulations to encourage inflows into ESG strategies.
04/09/2021
Law firm Irwin Mitchell gears up for London stock market float
Irwin Mitchell is readying itself to float on the London Stock Exchange, in a move the law firm hopes would value it at around £500m.
04/08/2021
Financial Regulation: Daily Update
FSB survey on experiences with questionnaire for FMIs on continuity of access for firms in resolution
04/08/2021
EBA consults on the list of advanced economies to determine equity risk under the new market risk regime
Institutions using the alternative standardised approach to determine own funds requirements for market risk are required to compute the equity risk
04/08/2021
Baker McKenzie advises on €300 million high yield green bond issuance by Vía Célere Desarrollos Inmobiliarios, S.A.
This was the first green bond ever issued by a residential developer in the Euro market.
04/08/2021
Ex-SocGen Bankers Challenge Fines Over Putin Foe’s $700 Million Deposits
Sergei Pugachyov, a former Russian senator, was once a close confidant of Putin and amassed a fortune of more than $1 billion in the 2000s.
04/08/2021
Record French Fine Slashed as Latvian Bank Wins Tax Appeal
The penalty was eclipsed just a year and a half later when the PNF secured a 3.7 billion-euro fine in court against UBS Group AG.
04/08/2021
Maples Group's London Funds & Investment Practice Wins Two Industry Awards
The Maples Group has been operating in London for over 20 years and its London office continues to be a strategic location, serving as an important European hub for its international client base.
04/08/2021
Greece mulls golden visa overhaul
Interest in Greece's golden visa has not waned even during the pandemic since Greek residency allows investors to enter Europe even when borders are closed, analysts at overseas property brokerage Tranio say.
04/08/2021
MFSA outlines expectations in fund management sector in new publication
The authority said that it expected licence holders to take note of the content of the publication and carry out a self-assessment exercise with respect to the recommendations being made
04/08/2021
Latham & Watkins Advises on Sanne Group Plc’s £79.5 Million Share Placing
London capital markets team represents the joint global coordinators in the underwritten, non-pre-emptive placing of new ordinary shares.
04/08/2021
ESMA unveils draft RTS on changes to CCPs’ activities and models
The European System of Central Banks, the European Banking Authority and other relevant authorities have contributed to the drafting of the RTS.
04/07/2021
Bank of England statement on the regulatory treatment of the UK Recovery Loan Scheme
The Government has today launched a Recovery Loan Scheme (‘RLS’) as part of its continued Covid-19 support for UK businesses, as previously announced by HM Treasury on 3 March 2021.
04/07/2021
Malta launches new citizenship by investment programme
It is a member of the EU and offers its citizens visa free travel to over 180 countries.
04/07/2021
Financial promotions quarterly data
This data includes statistics about how we review and act on certain non-compliant financial promotions.
04/07/2021
A&O advises on EUR2.35 billion loan and high yield bond refinancing by Foncia
The financing consisted of a EUR1.3 billion term loan facility, a EUR437.5 million revolving credit facility, EUR400 million of 3.375% Senior Secured Notes due 2028 and EUR250 million of 5.000% Senior Unsecured Notes due 2029.