02/16/2021
ZEDRA continues UK expansion with acquisition of Inside Pensions Ltd
The acquisition will increase ZEDRA’s presence in the UK market
Legal, Regulation & Compliance
02/16/2021
ePrivacy Regulation: EU Member States Agree on a Position
The planned update of the current ePrivacy directive will be in the form of a regulation which will be directly applicable in all EU Member States
02/16/2021
Carey Olsen advises Epiris and James Hay Holdings on Nucleus Financial Group acquisition
Epiris Fund II (Fund II) has owned James Hay since 2019 when it bought the business as part of its acquisition of IFG Group plc.
02/16/2021
FCA takes alleged insider dealing brothers to court
The FCA said the brothers had made a profit of about £142,000 from the alleged insider dealing.
02/15/2021
Employers: can you inoculate against racism?
The Court considered it legitimate to reflect on not only what steps had been taken by the employer but also how effective those steps were likely to be when they were taken and, in appropriate circumstances, how effective they proved to be in practice.
02/15/2021
The moment of danger for Europe will be when the recovery starts
EU leaders can learn from US president Joe Biden and go for bold fiscal support measures
02/15/2021
Leeds and London set to become global centres of green finance
Britain leads research initiative to put climate and environment at the heart of UK financial decision making.
02/15/2021
DNB Says Authorities Have Ended Probe Into Money-Laundering Allegations
Okokrim, launched a probe in November 2019 following a WikiLeaks data dump and subsequent allegations made in Icelandic media.
02/15/2021
Globally Mobile Employees – UK and EU Social Security Update
The new arrangements for multi-state workers and detached workers posted for up to two years are now in effect.
02/15/2021
Norway wealth fund tells firms: put more women on your boards
“We may phrase it politely, but it is pretty clear what we think,” Chief Executive Nicolai Tangen said in an interview.
02/15/2021
English High Court considers limits of the extraterritorial reach of the GDPR in relation to an overseas website
To bring a claim under Article 79 of the GDPR, the claimant had to persuade the court that the defendants' processing of the claimant's personal data fell within the territorial scope of the GDPR in either Article 3.
02/15/2021
Former City worker turned drug-dealer jailed after huge cocaine stash found hidden in van
Expensive designer watches and shopping receipts from Harrods were also found
02/15/2021
Wanted: Investment Banker Who Became Poster Boy Of Massive Tax Scandal
Mora made Interpol's Most-Wanted list this month, leading to the display of his face with a request for information about his whereabouts.
02/15/2021
Carey Olsen takes over as leading legal adviser to Jersey funds industry
Confirmation of Carey Olsen as Jersey's leading law firm for investment funds follows 10 years of considerable client growth in the sector, including a 115% increase since 2010 in the number of Jersey serviced funds it provides legal advice to and a
02/14/2021
FCA commences criminal prosecution against two individuals for insider dealing
The alleged offending relates to the trading in shares of a company ahead of a public announcement that it would be acquired by another company.
02/14/2021
London fights for its financial crown, but it will be a stretch
The EU has long resented the UK’s clout in financial services, and now Brexit has given it a chance to take the Square Mile down a peg
02/14/2021
Investors could face higher bills after compensation bill for victims of mis-selling and collapsed firms tops £1bn
The cost of claims for poor pension advice is predicted to total £256 million.
02/12/2021
Financial Regulation: Daily Update
The Payment Systems Regulator (PSR) has issued the following two Calls for Views (
02/12/2021
The Pension Schemes Act 2021 is Here - What Does it Mean for Trustees?
Trustees will not need to take immediate action on pension dashboards as the detailed duties will be set out in regulations and guidance.
02/12/2021
How is Brexit affecting UK employment rights?
There was a political backlash and considerable speculation that British workers were about to see a ‘bonfire of rights’, particularly in relation to working hours and holiday pay.