06/17/2025
New Swiss rules may force UBS to review global franchise, curb buybacks
As of now, the implementation of all new rules is expected to start in 2027 at the earliest
Legal, Regulation & Compliance
06/17/2025
Banque Pictet et Cie SA and one of its former asset managers sentenced by penal order
The conviction was part of a series of criminal proceedings initiated by the Federal Prosecutor's Office (OA) in connection with the international "Lava Jato" corruption scandal, most of which originated in Brazil.
06/16/2025
UK interest rates predicted to stay at 4.25% with Bank ‘nimble’ amid uncertainty
The MPC has voted to cut rates at every other meeting since it started easing borrowing costs last August, from a peak of 5.25%.
06/16/2025
What the Spain–Gibraltar Deal Means for HNWIs and Retirees in 2025
Running the ruler over the agreement on the future of Gibraltar’s border with Spain, and the implications.
06/16/2025
ESMA publishes Final Report on technical advice concerning the Prospectus Regulation
Several such provisions require the adoption of level 2 measures, consisting of technical standards developed by ESMA and adopted by the EU Commission after the related legislative procedure.
06/16/2025
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Balázs Korányi and Francesco Cánepa on 12 June 2025
The final outcome in trade negotiations is by far the most relevant factor of uncertainty that we considered in our projections
06/13/2025
UBS finance chief voices disappointment over Swiss capital rules
UBS planned to engage in political consultation processes on Switzerland's capital requirements, which could eventually lead to a more proportionate outcome
06/13/2025
The EBA issues revised list of validation rules on supervisory reporting
Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.
06/13/2025
Financial markets: Council approves decision to maintain certain bank liquidity rules
The NSFR is a key liquidity metric which aims to ensure that banks have stable funding sources
06/13/2025
UK Pension Buy-out: trustees must speak up to safeguard member outcomes
The UK has seen a marked increase in pension schemes completing buy-out transactions.
06/12/2025
Societe Generale-FORGE to launch a USD Denominated Stablecoin on Ethereum and Solana public blockchains with BNY as reserve custodian
SG-FORGE will propose to its clients instant 24/7 conversion between fiat currencies and stablecoin, enabling immediate, around-the-clock transactions in both USD and EUR.
06/11/2025
SEC to Resume Processing of Registration Applications From Swiss-Based Investment Advisers
This announcement follows successful discussions between staff from the SEC and the Swiss Financial Market Supervisory Authority (FINMA) regarding (1) the ability of FINMA-supervised
06/10/2025
Nasdaq Helsinki fines Citigroup for fat finger incident
Citigroup Global Markets Europe AG had breached the Rules as the trading member of the Exchange in relation to the market incident occurred in May 2022.
06/10/2025
The rule of law as a constitutional pillar of European central banking
Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Italian constitutional court
06/09/2025
FCA leads international crackdown on illegal finfluencers
The warning alerts will result in over 650 take down requests on social media platforms and more than 50 websites operated by unauthorised finfluencers.
06/09/2025
ECB to add new reporting agents to the €STR
The expansion of the €STR sample size will improve both the robustness and the representativeness of the benchmark
06/09/2025
ECB cuts to 2%, but trade uncertainties keep markets guessing
The move, which brings the policy rate into what president Christine Lagarde called a “neutral” zone, came as no surprise to markets.
06/06/2025
White & Case Advises Bryan, Garnier & Co. on Its Acquisition by Stifel Financial Corp.
This transaction enables Stifel to continue evolving its European operating model by adding further capabilities to two of its largest investment banking verticals: healthcare and technology.
06/06/2025
ECB likely has more to do, despite hints it is nearing the end
The ECB’s more hawkish tone does raise the possibility that the rate reductions may take longer than that to materialise, with a pause possible at the next meeting.
06/06/2025
‘Game-changing’ UK Pension Schemes Bill: industry commentators have their say
The Bill is about securing better value for savers’ pensions and driving long-term investment in British businesses to boost economic growth in our country.