09/17/2020
“Tone from within” – shining the spotlight for conduct risk identification onto individuals – latest FCA feedback on the 5CQ
The FCA publishes a report on the 5CQ each year.
Legal, Regulation & Compliance
09/17/2020
Shares of German finance firm Grenke tank after short seller accuses it of fraud
Financial services provider Grenke is being investigated by BaFin, the German financial regulator.
09/16/2020
UK firms hail victory in battle with insurers over Covid-19 claims
The lawsuit has been closely watched because it is estimated to affect 370,000 businesses and billions in insurance claims.
09/16/2020
FCA: Consumer investments to be reviewed
Financial promotions, scams and compensation are also areas of focus.
09/16/2020
Covid-19: Judgment handed down in BI test case
The FCA has launched a call for input (CFI) on the consumer investments market.
09/16/2020
These are the best law firms in Wales
The Wales Legal Awards 2020 were live-streamed
09/16/2020
The European Central Bank Is Running Out of Options
How do you address a recession, a strengthening currency, a precarious banking sector, and deflation all at the same time?
09/16/2020
Hedge fund CIO fined £100k for market abuse
The tribunal will then determine what, if any, is the appropriate action for the FCA to take.
09/16/2020
Bedell Cristin lawyer named in UK top young professionals’ list
She works across numerous cases and advises leading onshore law firms, fiduciaries and high net worth individuals on trust, commercial, insolvency and regulatory matters and has also acted for trustees and beneficiaries internationally.
09/15/2020
UK banks sign Fintech Pledge
Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms.
09/15/2020
Russia's Sberbank to target Middle East investors with UAE subsidiary
The state-owned bank said Sberinvest Middle East would engage in trade finance of Russian exports to the Middle East
09/15/2020
Caixabank weighs offer valuing Bankia at around 4 billion euros: source
Banks across Europe are struggling to cope with record low interest rates and the economic downturn sparked by the COVID-19 pandemic, leading analysts to predict more tie-ups to cut costs.
09/15/2020
Smith & Williamson Selects Broadridge's Industry Leading Shareholder Rights Directive II Compliance Solution
SRD II proxy solution will help Smith & Williamson to meet new EU regulatory requirements commencing September 2020
09/15/2020
FCA and BoE respond to Treasury Committee Chair on extending complaints scheme consultation
The FCA and BoE have now announced that they are content to extend the period for responses, and the new closing date will be 12 October 2020.
09/15/2020
Balancing act
Governments, people and businesses have to make hard choices, argues chief investment officer Julian Chillingworth, and the conundrum isn’t going away soon.
09/15/2020
A&O advises on sale of stake in The Saudi British Bank in rare accelerated bookbuild
They were supported by associates Aria Howorth Oram in London and Ruqaiya Ali in Dubai.
09/15/2020
CII urges action to avoid legal cases
The professional body also proposed an improvement to advice processes, as well as non-advised buying processes, to help clients understand insurable and non-insurable risks.
09/15/2020
Advisers raise concerns as FCA sends another Covid survey
Advisers were sent the first Covid-19 survey in June, which asked them for information on the impact of the coronavirus pandemic on their businesses.
09/15/2020
Finma approves registration body
Geneva-based Arif will manage a register of advisers and check that they have the required education and training.
09/15/2020
Carey Olsen pair among UK's Top 35 Under 35
Carey Olsen's Nichola Aldridge and Oliver Lindop have been named among the Top 35 Under 35 private client practitioners in the UK by eprivateclient.