03/16/2021
A forward look at regulation of the UK’s wholesale financial markets
We will be building on strong foundations.
Legal, Regulation & Compliance
03/16/2021
EU Action Plan Policy Updates: What to Expect
The EU's SFDR came into effect in March, raising the bar for financial products seeking to promote ESG credentials
03/15/2021
Financial Regulation: Daily Update
The FCA has updated its webpage on Feedback Statement 19/5 (FS19/5) regarding effective competition in non-workplace pensions, to state that it aims to issue a consultation paper in Q2 2021.
03/15/2021
The UK Listing Review: time for change
The review taskforce, chaired by Lord Hill, was charged with seeking input and evidence from market participants and, based on its findings, proposing a range of recommendations, both legislative and non-legislative.
03/15/2021
Bank governor under fire for role in RBS scandal
That is despite being asked about it when he was appointed to his previous job as head of the city watchdog.
03/15/2021
Problems mount for Bank of England governor after weathering Covid storm
As Andrew Bailey enters his second year in the job, the FT considers his achievements so far — and the challenges to come
03/15/2021
UK Supreme Court: SFO cannot compel foreign companies to produce documents held outside the UK under section 2 powers
The practical effect of this decision is that, going forwards, foreign companies that do not operate in the UK, including foreign companies with UK subsidiaries, will no longer risk being subject to a Notice.
03/15/2021
Cyprus regulator comments on new EU Sustainable Finance Disclosures Regulation
he SFDR forms part of a package of regulations on the Union’s Environmental, Social and Governance policy.
03/15/2021
Locking down market abuse
It is clear that the changes brought about by the pandemic (such as working from home) continue to have a significant impact in respect of market abuse and the measures required to prevent it.
03/15/2021
EBRD, UK and Jordan launch private investment drive
The partners will also support Jordan to position itself at key international events such as the Dubai Expo 2021-22.
03/15/2021
Latham Secures Major Victory for Ukraine in US$6 Billion Arbitration
Ground-breaking case believed to represent the largest ever treaty claim brought against Ukraine.
03/15/2021
FCA imposes ban on DFM after section 166 probe
The regulator has come down hard on Dolfin following a two-year probe into its financial crime controls.
03/15/2021
LBMA calls for 'global effort' to reduce gold's 'illegitimate sector'
Response to open letter
03/15/2021
Fourteen-year old advice comes back to bite Barclays
He said he was advised to invest too much and exposed to a higher degree of risk than he was prepared to take.
03/15/2021
Switzerland first to approve UK's post-Brexit joining of disputes convention
International disputes between UK and EU businesses previously fell under the Recast Brussels Regulation, which provided a streamlined regime for the allocation of jurisdiction between UK and EU member state courts and the enforcement of UK court judgment
03/12/2021
Update on IRHP final report
John Swift QC has also conducted a large number of interviews with stakeholders including former and current FSA/FCA employees, IRHP customers, banks and skilled persons.
03/12/2021
UK fund manager cleared of indecent assault
Junior female banker claimed the incident happened in 1998
03/12/2021
LIBOR transition update: early trends and hedging challenges
As efforts to move to risk-free rates gather pace, some clear preferences are emerging, but a lack of liquidity in hedging products presents a challenge in markets such as real estate finance
03/12/2021
Financial Regulation: Daily Update
The final report is expected to be finalised and published in summer 2021.
03/12/2021
More than A Token Gesture – Tokenisation of Real Estate, Debt and PERE Funds
Real estate investment trusts (REITs) is one approach the markets took to solve some of these problems, they allow fractional ownership and in Asia are tradable on stock markets.