02/11/2020
LGIM expands fund offering in Italy through Allfunds deal
Both funds are managed within LGIM's global fixed income team, managing collectively over € 193bn in assets.
Legal, Regulation & Compliance
02/10/2020
Drafting Contracts--Key Lessons from English Cases in 2019
It also contains brief sections on the impact of Brexit on contracts and the discontinuance of Libor.
02/10/2020
Coronavirus Outbreak: Legal Update
Many companies will be giving priority to repatriating members of staff located in mainland China and other areas that are impacted by the coronavirus outbreak; but different governments are giving differing guidance to their citizens, and the guidance wh
02/09/2020
Financial services equivalence regime: rules-based vs outcomes-based
Equivalence is the process through which the European Commission formally recognises that the regulatory or supervisory regime of a non-EU country is equivalent to the corresponding EU regime.
02/07/2020
Reports to Danish regulator of suspect activities doubles in past year
Ulrik Nødgaard, managing director, said: "The banks are totally focused on this proble.
02/07/2020
Britain's Metro Bank hires lawyers over Cuba and Iran sanctions breaches
One Metro bank customer was subject to U.S. sanctions on Cuba, while another received payments from Iran, the bank said.
02/07/2020
STM Malta targets Irish work pensions market with EURBS
The STM Protected Retirement Plan is licensed and regulated as a personal retirement scheme with the Malta Financial Services Authority.
02/07/2020
ESMA Updates on Progress on Compliance with the MIFIR Pre-Trade Transparency Requirements in Commodity Derivatives
ESMA is providing the state of play in the application of the Supervisory Briefing on that date.
02/07/2020
ESMA strategy on sustainable finance
It has already delivered on several objectives of the EU’s action plan on financing sustainable growth and will continue to assist the EU institutions to achieve sustainable finance goals.
02/07/2020
PRA issues two bans and three public censures following failure of credit union
The PRA expects directors and senior managers to understand their responsibilities with regards to governance and the management of conflicts of interest, and to ensure they and the firm comply with the PRA’s regulatory requirements.
02/07/2020
ABN AMRO Clearing Chicago Charged With Improper Handling of ADRs
The SEC’s order finds that ABN AMRO improperly borrowed pre-released ADRs from other brokers when it should have known that those brokers did not own the foreign shares needed to support those ADRs.
02/07/2020
FCA sounds alarm on client data sales
The FCA warned: "The terms, conditions and clauses within a standard contract are highly unlikely to constitute sufficient legal consent for personal data to be shared with CMCs to market their services, and may not be lawful."
02/07/2020
France says British financial industry needs to follow EU rules to gain access
His remarks fuelled a massive rift after both Brussels and Ireland drew up plans to offer concessions on financial services to secure continued access to British fishing waters for European vessels.
02/06/2020
Client Alert: OECD Two Pillars
The Statement follows public consultations in November and December 2019.
02/06/2020
Barclays faces fresh investor revolt over fossil fuels
Bank under pressure from UK’s powerful Investor Forum to adopt stricter climate policies
02/05/2020
FCA final rules on publishing and disclosing costs and charges to workplace pension scheme members
The Pensions Act 2014 placed a duty on the FCA to make rules for publishing and disclosing costs and charges information for the workplace pension schemes we regulate.
02/05/2020
JMLSG consultation on proposed amendments to guidance
A new sector is being created in Part II to provide sector specific guidance for cryptoasset exchanges and custodian wallet providers.
02/05/2020
Orsingher Ortu Expands Its Capability in Rome
Italian law firm Orsingher Ortu has absorbed Rome-based boutique Verusio e Cosmelli, strengthening its presence in the Italian capital.
02/05/2020
ESMA amends guidelines around enforcement of financial information
The amendments to the guidelines will become effective on 1 January 2022.
02/05/2020
Luxembourg Update: CSSF's Brexit Transitional Period Advisory
In anticipation of the UK's withdrawal from the EU, the Commission de Surveillance du Secteur Financier provided an update in respect of the status of the transitional period foreseen by the Brexit laws and the mandatory notifications procedure imple