02/05/2021
PwC, Deloitte, KPMG and EY will all be made to break up their businesses under powers granted to new regulator the Audit, Reporting and Governance Authority (ARGA), Sky News reported.
02/05/2021
The ESAs have updated the list of indicators for principal adverse impacts.
02/05/2021
Note that the landing page of our Beyond Brexit Legal Guide is being updated so that the relevant sections also have links to relevant updates from our Beyond Brexit blog.
02/05/2021
The ESAs plan to issue a public supervisory statement before the application date of SFDR in order to achieve an effective and consistent application of the SFDR’s requirements and consistent national supervision of the SFDR.
02/05/2021
The new levy is not intended to interfere with the ongoing work at the G20 and Organisation for Economic-Cooperation and Development (OECD) level on a reform of the international corporate tax framework, according to the Commission.
02/05/2021
The consultation paper also seeks view on the UK's intended approach to implementation of certain areas of the Basel 3 standards, and on the scope of application of the resolution regime for FCA-regulated investment firms where HMT is not devolving r
02/05/2021
In December 2020, the Commission invited the ESAs to submit an RTS to amend the KID within a six week period referring to the need to make urgent amendments to European Commission’s Delegated Regulation (EU) 2017/653.
02/05/2021
Many firms missed the deadline and the extension to the end of February is therefore a welcome development.
02/05/2021
People familiar with the matter said that Goldman Sachs had not fully complied with German know-your-customer standards when transferring British customers to Germany.
02/05/2021
A letter sent by the parliament's president at that time claimed itself to be "extremely transparent" and so saw no need to cooperate.
02/05/2021
The scheme provided creditors with four options, each provided a better return than in the event of the Company’s liquidation.
02/05/2021
This news arrives less than a year after the FCA was criticised for accidentally revealing personal information of about 1,600 people in February 2020.
02/05/2021
The Remote Working Strategy confirms the Government’s intention to legislate for employees to have a right to request remote working.
02/05/2021
Financial services technology is constantly updated, but when firms implement changes they don’t always go to plan.
02/05/2021
Far-reaching overhaul of corporate governance set to be unveiled in long-awaited white paper
02/04/2021
Under the new systems, payments will be sent directly from a payer’s bank account, using validated HMRC details to address the problems with fat finger errors.
02/04/2021
More than a quarter of the companies reporting an impact cited increased time spent on bureaucracy, HSBC said.
02/04/2021
The proceedings against the other two defendants continue.
02/04/2021
The FCA today published its approach to the authorisation and supervision of international firms.
02/04/2021
Today's disbursements follow the issuance of the fourth social bond under the EU SURE instrument, which attracted a considerable interest by investors.