12/12/2024
Firm takes fight against FIAU fines to European Court of Human Rights
A landmark judgement overturned a previous decision that ruled the fines were unconstitutional
Legal, Regulation & Compliance
12/12/2024
Small advice firms urged to appoint Consumer Duty ‘critical friend’
The regulator has published the findings of its review into firms’ approaches to completing the first annual Consumer Duty board report.
12/11/2024
CP19/24 – Closing liquidity reporting gaps and streamlining Standard Formula reporting
The response will be assessed to inform our work as a regulator and central bank, both in the public interest and in the exercise of our official authority.
12/11/2024
The end of UK resident non-doms and the benefits of life insurance
Most importantly, if an individual’s circumstances or IHT legislation changes, the policy can be adjusted.
12/10/2024
The EBA consults on draft technical standards that specify material changes and extensions to the Internal Ratings Based approach
Under the CRR, institutions shall apply for approval from their competent authorities prior to implementing material extensions and changes to their internal approaches.
12/10/2024
FCA mortgage data point to a resilient market but not out of the woods yet
This surge underscores renewed momentum in lending activity, likely bolstered by stabilising interest rates and improved buyer confidence.
12/10/2024
Eversheds Sutherland advises Baird Capital on the sale of its investment in STR
This transaction marks a full realization for Baird Capital and is another successful case study of Baird Capital’s longstanding focus on sustainability and businesses supporting the energy transition.
12/09/2024
Reeves aims for ‘businesslike’ relationship with EU in finance chiefs meeting
Rachel Reeves will be the first Chancellor to attend the Eurogroup meeting of EU finance ministers since Brexit.
12/09/2024
KPMG Law: The legal sector at the threshold of a transformative era
Legal professionals are continuously tasked with adapting to present challenges and preparing for future developments.
12/09/2024
Three years of pension transfer regulations clouded by DWP inaction
Four in five pension transfers halted by amber flag for unknown or potentially low risk reason
12/09/2024
PRA statement on Indexed Long-Term Repo (ILTR) facility
This statement sets out the Prudential Regulation Authority’s (PRA) approach to the Bank of England’s Indexed Long-Term Repo facility.
12/06/2024
Charting new territory: How England’s digital assets framework can guide Cayman Islands law
This article will examine how these developments can assist Cayman’s legal framework and market opportunities.
12/05/2024
The Future of Sanctions Compliance in European Banking
As a result, even small FIs are hiring more and more personnel, purchasing technology, and increasing their legal capabilities to avoid running afoul of sanctions restrictions.
12/05/2024
The FCA sets out next steps for establishing a bond consolidated tape
A bond CT collates data on transactions, such as prices and volumes, bringing together data on trades executed on trading venues as well as those arranged over-the-counter.
12/04/2024
Did UBS harass two whistleblowers?
Forissier accuses his former employer of harassing him and a former marketing manager after the two uncovered the bank's efforts to help wealthy French people evade taxes.
12/04/2024
EU Parliament approves new EU Commissioners – But tax role is split
The priorities of the new Commissioners will impact the tax agenda and overall business activity within the European Union.
12/04/2024
What makes Ireland a leading centre for securitisation and SPVs?
Policymakers in Europe recognise securitisation as a powerful lever for mobilising private capital
12/03/2024
The SWES: using system-wide scenario analysis to spot systemic risks − speech by Lee Foulger
He concludes with the importance of taking a system-wide lens when assessing risks to financial stability, in order to spot potential vulnerabilities that sector-specific exercises alone cannot identify.
12/03/2024
FCA direction to modify the UK’s derivatives trading obligation
The DTO is a G20 commitment to improve over-the-counter derivatives markets.
12/02/2024
EBA finds Hungarian waiver for covered bonds justified
This would result in no Hungarian bank being eligible to act as derivative counterparty and, therefore, the partial waiver is adequately justified.