11/09/2020
The consultation paper follows the release of the EBA’s ‘Action Plan on Sustainable Finance’ last December, which outlines the authority’s deliverables and activities related to ESG factors and risks.
11/09/2020
As a result, 2020 has subsequently seen a growing number of private and public entities aiming to be zero-carbon within a short amount of time.
11/09/2020
Regulator requested suspension of key areas of business amid concern at ‘incomplete’ framework for monitoring risk
11/09/2020
Julius Baer has reached an agreement in principle with the U.S. Department of Justice to settle an investigation in the FIFA matter.
11/09/2020
Perens is currently the head of the Tartu University Hospital, having worked as the CEO of Swedbank Estonia from 2008 to 2014.
11/09/2020
It is not the first time the bank has been fined by the regulator.
11/09/2020
The introduction of so-called firewall provisions has, if anything, only reinforced that general position.
11/09/2020
If the size and type of investment means Scottish Widows can influence positive change in their business models, the insurer may choose to stay invested and steer future direction instead.
11/09/2020
It will become mandatory for investment pathways to be offered to non-advised drawdown customers from February 2021.
11/08/2020
Completion is not mandatory for these firms, but the FCA encourages them to complete the survey.
11/06/2020
EBA launches consultation on revised guidelines on sound remuneration policies
The proposed amendments do not represent a substantive re-write, and instead merely reflect the changes that have been made to the remuneration provisions of the Capital Requirements Directive (CRD5).
11/06/2020
Former BHS owner jailed for six years for tax evasion
In sentencing, the judge said Chappell had engaged in a "long and consistent course of conduct designed to cheat the revenue".
11/06/2020
European Commission says the island has ‘strategic deficiencies’ in its anti-money laundering and counter-terrorism financing regimes.
11/06/2020
Firms should consider how prudential consolidation will apply and the way in which to meet any new requirements.
11/06/2020
The letters, part of Financial Adviser's Keep Fees Fair campaign, highlight the problems arising due to escalating professional indemnity insurance premiums and a contraction in the market, in addition to eye-watering annual increases in the levy adv
11/06/2020
Vogelzang emphasized that all affected customers have been contacted, and that the bank has compensated more than 99 percent of them.
11/06/2020
Many pension schemes which had already substantially de-risked their investment strategy before Covid-19 hit have been able to continue to de-risk through bulk annuities and longevity insurance transactions.
11/06/2020
HMT is proposing a new institutional framework for developing regulation in the UK.
11/05/2020
IFA jailed for £1.2m Ponzi scheme
Money was used to fund his ‘lifestyle and businesses’ and a ‘substantial’ gambling habit
11/05/2020
EU's Barnier says 'very serious' gaps still in Brexit trade talks
His UK counterpart, David Frost, agreed that “wide divergences remain on some core issues”.