04/23/2019
FCA data show 5% drop in complaints in the second half of 2018
The Financial Conduct Authority has published the complaints figures for regulated firms for the second half of 2018.
Legal, Regulation & Compliance
04/23/2019
LME launches consultation on the introduction of responsible sourcing standards across all listed brands
These rules build on the strong engagement with market stakeholders to the LME’s October 2018 position paper
04/23/2019
Sanlam UK signs discretionary funds management agreement with VAM
Each of the three VAM discretionary funds is designed to suit a specific investor preference and risk profile.
04/23/2019
Owning up to clients' offshore assets
There are many years’ worth of data to plough through
04/23/2019
British Telecom's Italian job had London roots, say investigators
The report has not been made public and its contents have not previously been reported.
04/18/2019
FCA warns on increase in wealth manager scams
The regulator said its would prioritise its work to 'prevent or reduce harm' in the sector over the coming year.
04/18/2019
EU banking watchdog clears Estonian, Danish regulators over Danske Bank
The investigation did not find any breaches and was closed without issuing a recommendation, the watchdog said in a press release on Wednesday.
04/18/2019
EU Parliament adopts position on proposed Consumer Protection Directive
Law clarifies how to deal with dual quality of products
04/18/2019
Rebrand of Jordans Group to Vistra Now Complete
With the inclusion of legal services through Vistra Corporate Law
04/18/2019
Law Firm Expands with Birmingham Office
Penningtons Manches chief executive David Raine added: "Real estate is a key strategic sector for the firm; Joel's first class technical and commercial skills will allow us to build significant capacity in the country's second city.
04/17/2019
Terry Smith attacks 'shockingly bad' Bill Ackman over raid on his stock
He criticised the ‘activist playbook’ where activists buy shares, ‘shout at the company in public, get them to do things - split the company, spin things out, take on leverage, pay a special dividend, buy back shares - then the activist
04/17/2019
FCA sets out five priorities for 2019/20; plans new MiFID prudential regime
Brexit remains key priority
04/17/2019
UK boosts business bank by £200m as Brexit hits funding
Move follows cut in EU support for British venture capital and private equity
04/17/2019
MEPs strengthen EU financial watchdogs
To ensure a uniform application of EU rules and promote a true Capital Markets Union
04/17/2019
EU Parliament Empowers EBA, Prudential Regulators to Fight Money Laundering
The steps were prompted in part by a string of highly publicized money laundering scandals in the bloc, members of the European Parliament said Tuesday.
04/17/2019
Protecting whistle-blowers: new EU-wide rules approved
Whistle-blowers will be able to choose between internal and external reporting
04/17/2019
TV presenter wins case against taxman
An HMRC spokesperson said: "We are disappointed that the First Tier Tribunal has decided that the intermediary rules (also known as IR35) did not apply in this case.
04/17/2019
FCA outlines the future of regulation
Alongside the Business Plan, the FCA is also publishing its annual fees Consultation Paper and a paper setting out the FCA’s Research Agenda for the year.
04/17/2019
CISI warns FCA of consequences from Fos limit hike
The CISI has asked the FCA for urgent clarification for its financial planning and wealth manager members who may be affected
04/17/2019
National IFA group signs deal with referral fintech firm
The fintech firm offers a dashboard of real time data for advisers and introducers