03/30/2020
The U.K.’s Insolvency Service didn’t push back against the idea, saying in an emailed reply to questions: “We are listening to our stakeholders in the insolvency industry about what additional measures could be taken to help businesses d
03/30/2020
If the UK Government insists on allowing EU funds to continue to be marketed without reciprocal passporting, this could be the beginning of a gradual demise for the UK funds industry.
03/30/2020
To prevent an accumulation of frozen assets, fund managers need to identify ways to truly integrate ESG principles into their real estate portfolio without greenwashing and communicate this clearly and effectively back to the investor.
03/30/2020
The adviser also questioned how Sanlam intended to work with its ARs who will struggle financially in the next few months as this has not yet been communicated.
03/30/2020
This statement applies to all FCA-regulated firms across the UK, including in Scotland, Wales and Northern Ireland.
03/29/2020
In recent weeks, Santander has accelerated the integration of the last pending fringes of Popular after its acquisition
03/29/2020
This Legal Notice specifies that such household staff must be in an employment relationship with the beneficiary
03/27/2020
It seems it is unlikely that the system will be up and running for several weeks which means the money to reimburse employers for employee wages may not be accessible for some time.
03/27/2020
While companies will still have to apply for the three month extension to be granted before the accounts are due to be filed, those businesses citing issues around COVID-19 will be automatically and immediately granted an extension.
03/27/2020
The schemes resulted in multi-million-pound losses and the creation of meritless legal charges required the intervention of a liquidator.
03/27/2020
The board of Knights is taking a 30% pay cut, although the nobility of their sacrifice is debatable given that an interim dividend of 1.1p per share was declared last week which showered them all in cash.
03/27/2020
Virtual hearings will not be a panacea in every case, however they may be a viable option for parties who might otherwise be faced with an extended period of financial uncertainty.
03/26/2020
In addition to financial support, the UK Government has also announced a number of other tax-related measures to help businesses, employees and contractors manage the COVID-19 pandemic.
03/26/2020
The halt on new mortgage lending applies only to new customers approaching the lender.
03/26/2020
Commander Karen Baxter, national co-ordinator of economic crime at the City of London Police, said criminals would exploit "tragedies and global emergencies" to take money from the public.
03/26/2020
Mostly importantly the EBA confirms that banks can fully use capital and liquidity buffers, including Pillar 2 Guidance (P2G) and will benefit from relief in the composition of capital for Pillar 2 Requirements.
03/26/2020
Businesses face a serious challenge in the current crisis.
03/26/2020
Companies and auditors should be granted time.
03/26/2020
A request for judicial cooperation sent by Swiss prosecutors to a Spanish judge reveals multiple payments to Corinna Larsen, who used part of the money to purchase real estate
03/26/2020
Government schemes to help firms through this period can be part of a firm’s plans for how they will meet debts as they fall due.