12/16/2024
Spanish Golden Visa Program Set for Potential Changes by 2025
This development creates a limited window of opportunity for individuals interested in securing a Spanish Golden Visa under the current regulations.
Legal, Regulation & Compliance
12/13/2024
The Chancellor’s Mansion House Speech and other regulatory updates for financial institutions
The Chancellor’s Mansion House Speech and other regulatory updates for financial institutions
12/13/2024
Millions of people could get more support with their pensions under new proposals
Making sure consumers can make informed investment decisions is an important part of ensuring healthy capital markets which deliver growth.
12/13/2024
Investigation: How £3.4bn of debt has changed the face of financial advice
Citywire investigation reveals the most detailed picture yet of the levels of borrowing fuelling consolidators’ adviser acquisitions, uncovering previously unreported debt issued by Guernsey, Jersey and Cayman Islands parent companies.
12/13/2024
The Governing Council of the European Central Bank lowers interest rates
Press release on the ECB’s monetary policy decisions
12/13/2024
ECB signals it is on the road to normal
Second, the ECB’s economists now expect inflation to return to the target earlier.
12/12/2024
FINMA concludes proceedings against Leonteq
LTQ cooperated well with FINMA during the proceedings.
12/12/2024
Firm takes fight against FIAU fines to European Court of Human Rights
A landmark judgement overturned a previous decision that ruled the fines were unconstitutional
12/12/2024
Small advice firms urged to appoint Consumer Duty ‘critical friend’
The regulator has published the findings of its review into firms’ approaches to completing the first annual Consumer Duty board report.
12/11/2024
CP19/24 – Closing liquidity reporting gaps and streamlining Standard Formula reporting
The response will be assessed to inform our work as a regulator and central bank, both in the public interest and in the exercise of our official authority.
12/11/2024
The end of UK resident non-doms and the benefits of life insurance
Most importantly, if an individual’s circumstances or IHT legislation changes, the policy can be adjusted.
12/10/2024
The EBA consults on draft technical standards that specify material changes and extensions to the Internal Ratings Based approach
Under the CRR, institutions shall apply for approval from their competent authorities prior to implementing material extensions and changes to their internal approaches.
12/10/2024
FCA mortgage data point to a resilient market but not out of the woods yet
This surge underscores renewed momentum in lending activity, likely bolstered by stabilising interest rates and improved buyer confidence.
12/10/2024
Eversheds Sutherland advises Baird Capital on the sale of its investment in STR
This transaction marks a full realization for Baird Capital and is another successful case study of Baird Capital’s longstanding focus on sustainability and businesses supporting the energy transition.
12/09/2024
Reeves aims for ‘businesslike’ relationship with EU in finance chiefs meeting
Rachel Reeves will be the first Chancellor to attend the Eurogroup meeting of EU finance ministers since Brexit.
12/09/2024
KPMG Law: The legal sector at the threshold of a transformative era
Legal professionals are continuously tasked with adapting to present challenges and preparing for future developments.
12/09/2024
Three years of pension transfer regulations clouded by DWP inaction
Four in five pension transfers halted by amber flag for unknown or potentially low risk reason
12/09/2024
PRA statement on Indexed Long-Term Repo (ILTR) facility
This statement sets out the Prudential Regulation Authority’s (PRA) approach to the Bank of England’s Indexed Long-Term Repo facility.
12/06/2024
Charting new territory: How England’s digital assets framework can guide Cayman Islands law
This article will examine how these developments can assist Cayman’s legal framework and market opportunities.
12/05/2024
The Future of Sanctions Compliance in European Banking
As a result, even small FIs are hiring more and more personnel, purchasing technology, and increasing their legal capabilities to avoid running afoul of sanctions restrictions.