08/30/2021
Public warned over ‘ghost brokers’ selling fradulent policies
Scammers target younger drivers and those whose first language may not be English
Legal, Regulation & Compliance
08/30/2021
Allen & Overy advises RAJA Group
This acquisition is part of RAJA Group's sales growth, customer base expansion, and product diversification strategy, and will bring additional growth opportunities in the years to come as well as a solid foundation for developing its activity in Eur
08/30/2021
Confidentiality, professional secrecy and legal privilege under Maltese law
The Maltese Code of Organisation and Civil Procedure clearly prohibits an advocate from being questioned on circumstances stated by the client in professional confidence, without the client’s consent.
08/30/2021
Clifford Chance advises a syndicate of lenders
The syndicated financing is linked to certain key ESG performance indicators, with Banco Santander acting as sustainability agent and coordinator.
08/30/2021
When Europe seamlessly connects with Africa
Maitland was founded in Luxembourg 45 years ago and has maintained a strong footprint in Europe and Africa ever since.
08/29/2021
Financial Regulation Daily Update
A lack of adequate data and common standards remain key challenges to be overcome to drive ESG integration.
08/27/2021
Financial Dispute Resolution
The element of deception: can a party claim litigation privilege over information obtained by misleading another party?
08/27/2021
Financial Regulation: Daily Update
The FCA has published a template portfolio letter to boards of directors on loan-based peer-to-peer (P2P) crowdfunding platforms.
08/27/2021
New draft guideline in Germany to prevent greenwashing
If the investment terms of a fund were approved before 2 August, the fund will be exempt from the new rules.
08/27/2021
Banks and insurers licensed to exchange fraud data in the Netherlands
The licences granted by the AP only applies to processing activities taking place in the Netherlands.
08/27/2021
PRA remit could change for UK investment firms regime
The FCA opened its third consultation on proposed IFPR rules, covering changing prudential standards, earlier this month.
08/27/2021
EU privacy watchdog calls for stricter data use to guarantee fair access to credit
The opinion argues that a stronger, clearer framework should be implemented when it comes to credit assessment, at a time when new lending platforms have started to dig into non-traditional sources, like social media data or consumer browsing history, to
08/27/2021
Government urged to make CDC pension schemes more accessible
This means there are currently limited options for sponsors who may wish to explore different benefit structures.
08/27/2021
FCA will go for 'high-profile scalps' over adverts
The latest research from InfluenceMap finds that not all strategies with climate in their name are aligned with carbon-neutral targets.
08/27/2021
Remote right to work checks to continue until 5 April 2022
In many cases, this involved meeting the employee and checking their documents in person.
08/27/2021
Frontier workers: Swiss government adopts new agreement with Italy
The new agreement will enter into force once the Italian parliament ratifies it.
08/27/2021
Germany and US issue joint statement on spontaneous exchange of CbC reports for 2020
According to the German regulations, in the absence of such an information exchange agreement, a German taxpayer must submit the group’s CbC report to the German competent authority, even if the ultimate parent company submitted the report on time
08/26/2021
Danske Bank defeats appeal in U.S. over money laundering scandal
Their lawyers did not immediately respond to requests for comment.
08/26/2021
US probes Deutsche Bank's asset management arm over sustainability claims
The agency earlier this year established a task force to root out misconduct related to environmental, social and governance issues.
08/26/2021
Mounting workloads and staff struggles: Can the FCA keep up?
A mounting workload is throwing up tough decisions for the regulator