03/31/2021
It is also good to see the FCA views the introduction of Open Finance as we do, through a phased approach that will see Open Banking extended first, with the next stage being to start with products that have the best balance of cost and complexity.
03/31/2021
The regulator confirmed the point as it issued a policy statement and associated finalised supervisory statement on outsourcing and third party risk management on Monday.
03/31/2021
This decision is based on a status report from FINMA’s mandated auditor
03/31/2021
This Finalised Guidance (FG) provides non-Handbook guidance to help advisers understand our expectations when advising on pension transfers and conversions.
03/31/2021
The BEIS consultation closes on 5 May 2021, and the government said new regulations would come into force on 6 April 2022, applying to financial periods starting on or after that date.
03/31/2021
Sustainability experts from the Environment Agency and the HS2 rail project are working with CSIC to help explore and develop the code and to help build wider engagement.
03/31/2021
The consultation will consider the structural features and enhanced disclosure, including a minimum market capitalisation and a redemption option for investors, required to provide appropriate investor protection.
03/31/2021
The draft bill aims to expand the hitherto incomplete protection of whistleblowers and create legal certainty for them.
03/31/2021
In the UK, SPACs are considered cash shells which are not eligible for listing on the Premium segment of the Official List
03/31/2021
The Marketing Rules also provide that where a draft prospectus or offering memorandum is provided as part of “pre-marketing”
03/31/2021
The acquisition will be funded by equity to be invested by funds managed by TDR Capital LLP and it is intended the acquisition will be implemented by way of a court-sanctioned scheme of arrangement.
03/31/2021
All firms are also reminded of the need to have regard to previous FOS decisions when they are dealing with complaints.
03/30/2021
Co-op Legal Services warns of digital assets time bomb as 'unclaimed funds' pot swells
Figures released by Finder in February 2021* show that almost a fifth (19%) of Brits say they’ve now bought cryptocurrency - equivalent to 9.8 million people - meaning that the number of crypto-users in the UK has surged by 558% since the beginning
03/30/2021
A new year, a new set of arbitral rules: a summary of the key changes introduced in the 2021 ICC arbitration rules
This introduces greater flexibility in the manner in which hearings are conducted and allows for parties’ to ensure their voices are heard and cases are plead even if they are prevented from traveling physically to a hearing.
03/30/2021
Financial Regulation: Daily Update
The action outlined in the Decision Notice is therefore provisional and will have no effect pending the determination of the case by the Upper Tribunal.
03/30/2021
Where new LIBOR transactions are entered into, market participants should be aware of the risks and take appropriate steps to establish that their clients are too.
03/30/2021
The new licence expands Sanne’s already well-established product offering to cater for Irish domiciled closed-ended funds.
03/30/2021
The claimants contended that their loans were tainted by false representations on LIBOR.
03/30/2021
Based on two illiquid securities
03/30/2021
Judge Tony Baumgartner dismissed the restraint orders on Torzi, who denies charges of embezzlement, fraud, extortion and money laundering.