07/31/2024
The changes reflect some of the information that resolution authorities are already, and separately, collecting from their institutions, notably that collected by the Single Resolution Board.
07/31/2024
Banks use filtering technology to identify potential issues associated with clients as part of their compliance rules to mitigate risks including money laundering.
07/31/2024
Among the changes included in the reforms was an increase in the minimum capital requirements for banks
07/30/2024
The regulator is calling on industry to identify rules which could be removed or simplified if they overlap with the Duty.
07/30/2024
Any intelligence outputs will inform the NCA’s investigative work and help the banks to identify risk.
07/30/2024
Following extensive industry consultation, the new DB funding code complements the change in regulations and sets out a framework protecting savers while giving flexibility to the market.
07/30/2024
Banque Havilland Liechtenstein has renounced its banking licence, says Liechtenstein’s Financial Market Authority.
07/30/2024
The PRA proposes that the changes to SS5/21 resulting from this CP would be implemented during 2025 Q2
07/30/2024
In its ‘Financing Growth’ paper, published in January, Labour promised to reduce the sector’s regulatory burden if it came to power.
07/29/2024
ELTIFs can be marketed to retail or institutional investors across the European Union.
07/29/2024
It follows the publication of the Financial Ombudsman Service’s annual complaints data and insight, with the report showing the most common and emerging issues consumers face when dealing with financial firms.
07/29/2024
The reform suggestions include requiring all financial products to disclose sustainability information in line with an expanded EU taxonomy.
07/29/2024
The changes to prospectus rules were announced just days before another set of FCA reforms to listing rules took effect.
07/26/2024
Successful CFOs must possess a diverse skill set, from strategic decision-making to technology management.
07/26/2024
CBPL is not currently registered to undertake cryptoasset activities in the UK.
07/26/2024
Under the proposals, companies will still be required to publish a prospectus when first admitting securities to public markets.
07/26/2024
Dip in readings signals eurozone’s two largest economies are heading for a downturn
07/26/2024
Recent enhancements include climate scenario analysis, enhanced manager due diligence, and collaborations with other industry stakeholders.
07/26/2024
The ECB then examined their submissions and made specific recommendations to each bank as part of its annual supervisory assessment.
07/26/2024
This is the first time the FCA has taken enforcement action using these powers