03/09/2021
Reforms to UK listing rules on the horizon: retaining London’s competitive advantage
The suggestions include both short and longer term proposals and are considered as part of a regular process
Legal, Regulation & Compliance
03/08/2021
FCA: Announcements on the end of LIBOR
Based on undertakings received from the panel banks, the FCA does not expect that any LIBOR settings will become unrepresentative before the relevant dates set out above.
03/08/2021
UBS heads into record 4.5 bln euro French tax case appeal
The bank has denied any wrongdoing. It has so far set aside a tenth of that amount, or 450 million euros, to cover the penalties.
03/08/2021
Jersey financial regulator attacks Neil Woodford’s relaunch plan
Channel island vows to uphold strong protections for fund investors
03/08/2021
Amendments to Personal Data Protection Act
This round of amendments will introduce significant change to the existing data protection regime in Singapore, which bring it closer in line with higher global standards.
03/08/2021
Key Financial Services trends from 2020
Both plans set out operational and financial resilience as key priorities during a time of turbulence; the regulator has since worked with firms to review their contingency plans and survey their financial stability.
03/08/2021
Immigration options for those wishing to invest in and relocate to the UK
If the applicant invested £5m or £10m in the UK, they may qualify for ILR after three years or two years respectively.
03/08/2021
Osborne Clarke advises LDC on Sohonet investment
The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.
03/08/2021
European Data Protection Supervisor raises concerns around targeted advertising
The Supervisor welcomed the fact that the proposal does not impose a general monitoring obligation, or an obligation to take proactive measures to remove illegal content.
03/07/2021
Marketing into the EU: Considerations for US asset managers
In this briefing we discuss the key considerations for US and other non-EU asset managers
03/07/2021
Six ways your organisation can support 'trans' employees
A person will be protected against discrimination under the Equality Act 2010 if they are proposing to undergo, are undergoing or have undergone a process to change their gender identity.
03/07/2021
Review of the UK Listing Regime : "closing the gap"
Companies that want to list with such structures must either settle for a standard listing or opt to list elsewhere, such as in the US, where these arrangements are prevalent and well understood.
03/07/2021
FCA provides update on support for consumers impacted by coronavirus
Firms will also need to comply with any relevant legislative requirements which may prevent firms from enforcing repossession in certain parts of the UK.
03/05/2021
FCA fines and prohibits trader for market abuse
The FCA has also developed ways to detect this type of manipulation as well as other forms of market abuse and, as this case demonstrates, we will take robust action against such abuse.
03/05/2021
Burges Salmon advises Silentnight Trustees in TPR action
The firm has advised the Trustees of the Group’s DB Scheme. The Pensions Regulator has issued a press release stating “TPR agrees £25m settlement with owners of Silentnight”
03/05/2021
Financial Regulation: Daily Update
The revised SoP also states that the FCA is willing to use its temporary powers flexibly and amend its approach to the DVC if another jurisdiction makes an equivalence decision in respect of the UK.
03/05/2021
UBS Set to Use Money-Launderer Case to Cut $5.4 Billion Penalty
UBS and six bankers have three weeks to win over appeals court
03/05/2021
Isabel dos Santos’ Maltese consulting firm served with $230,000 tax bill
The Angolan billionaire’s company had “no intention” to carry out economic activity in Malta, the island nation’s authorities said.
03/05/2021
Britain lifts more curbs on 'dark' trading to limit stocks Brexodus
Some 8 billion euros in daily share trading left London for the EU in January after the Brexit transition period ended on Dec. 31
03/05/2021
German regulator files criminal complaint against Greensill Bank
Financial watchdog BaFin alleges balance sheet manipulation at troubled lender with €3.5bn of deposits