12/20/2018
The Commission also has an ongoing in-depth investigation concerning tax rulings issued by the Netherlands in favour of Inter IKEA and an investigation concerning a tax scheme for multinationals in the United Kingdom.
12/20/2018
The reform was rolled out by the EU Commission in September
12/20/2018
Senior managers in financial services could lose their jobs, watchdog warns
12/20/2018
DFS Investigation Found Shortcomings in Barclays’ Governance, Controls and Corporate Culture Relating to the Bank’s Whistleblowing Function After CEO Personally Sought to Identify Whistleblowers
12/20/2018
Credit Suisse and Deutsche Bank caught up in allegations of price rigging
12/20/2018
Aberdeen and AllianceBernstein steering clear of debt
12/20/2018
Mr Newton knew these monies from First Step should only have been used to pay customers’ creditors or to be returned to customers.
12/19/2018
The FCA has also made new rules strengthening the protections for consumers using home-collected credit (doorstep lending), catalogue credit and store cards and it is consulting on further measures on buy now pay later offers.
12/19/2018
A ratified withdrawal agreement may provide all stakeholders with more time to implement the necessary changes, but, given the lack of certainty, mitigating actions need to start now if they have not already done so.
12/19/2018
The transaction reporting will be based on a tri-party partnership.
12/19/2018
Increasing transparency
12/18/2018
The Government has now published draft legislation (link is external) for the financial services contracts regime (FSCR) which will provide a limited period of time during which EEA passporting firms can continue to service UK contracts
12/18/2018
Once adopted, the measure will ensure that businesses and markets can continue to operate smoothly and without any disruptions after 31 December 2018.
12/18/2018
'The new rules will ensure firms are transparent about their estimated fees before the customer signs on the dotted line, and notify customers of free statutory ombudsmen or compensation schemes.
12/18/2018
The balance sheet total of Catella Group will be reduced by approx.
12/18/2018
The alleged victim visited the bank mostly on a Monday and Thursday, although sometimes it was not always possible for her to stick to those days.
12/18/2018
Under the proposed rules arranged overdraft prices will have to be advertised in a standard way, including an annual percentage rate (APR) to help customers compare against other products.
12/18/2018
The FRC currently regulates auditors, accountants and actuaries in the UK, sharing this responsibility with professional membership bodies.
12/18/2018
The rules are meant to avoid a future build-up of bad loans at banks, which have hampered the EU’s economic recovery after the 2007-2008 financial crisis.
12/17/2018
Various lawsuits by BES bondholders and depositors have challenged the way the central bank’s forced “resolution” imposed losses on them