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Legal, Regulation & Compliance

09/19/2024

New FCA rules to protect access to cash already having an impact

Under the rules, banks and building societies must assess whether changes to local services, like closing branches or cash machines, leave local communities lacking ways to take out or pay in cash.

09/19/2024

Sustainable investment regulation in the UK and EU

New UK sustainability reporting standards in line with international standards are expected to be outlined by the UK government in 2025.

09/19/2024

Why Switzerland remains a leading European jurisdiction for foreign companies

These new settlements demonstrate continued international confidence in Switzerland’s business environment—and this confidence is well-placed.

09/19/2024

The first cut is the steepest: the Fed, market expectations and the dollar

The Federal Reserve has made its first interest rate cut since the pandemic, reducing rates by 50 basis points (bps).

09/19/2024

HMRC’s new digital service to unlock thousands in public sector pension rebates

HMRC has recently launched an updated digital service aimed at assisting Public Sector pension

09/18/2024

Carey Olsen shortlisted for Offshore Firm of the Year at The Lawyer European Awards 2024

This shortlisting reinforces another successful year for the firm

09/17/2024

Deputy Premier leads successful UK and EU engagement

Ebanks and Campbell also met with representatives of the Channel Islands office to exchange insights and updates.

09/17/2024

Bank of England set to leave rates unchanged on 19th September, but leave door wide open for future cuts according to AllianzGI

Beyond the September meeting, however, we think that the UK labour market will continue to loosen

09/17/2024

Flexible working laws could reduce regional inequality, Business Secretary says

Mr Reynolds also voiced his support for increasing minimum wage to ensure those in work are guaranteed ‘a decent quality of life’.

09/17/2024

Mirabaud & Cie SA seriously violated financial market law

The appeal has now been dismissed by the Federal Supreme Court.

09/17/2024

SEB develops its organisational structure to support its long-term strategic direction

With the new divisional structure, SEB will have four divisions as of 1 January 2025, compared with the current six.

09/13/2024

Swiss Banks Charge Hefty Transfer Fees

For foreign securities, the cost has dropped from 120 francs to 95 francs over the same period.

09/13/2024

The Investment Association responds to FCA temporary measures for firms on ‘naming and marketing’ sustainability rules

We will continue to work constructively with the FCA and support our members to meet these deadlines, noting the more limited extension for firms complying with the 'naming and marketing' rules.

09/13/2024

UK asset owners look to reset debate on corporate pay

The tool designed by the group is intended to inform investors’ stewardship activities that will take place throughout the financial year

09/13/2024

Dentons advises Pliant on formation of strategic partnership with Vereinigte Volksbank Raiffeisenbank

The new collaboration strengthens Pliant’s financial position, increasing its total capacity for providing credit lines to a total of €200 million.

09/12/2024

Caught in the act: managing insider dealing risks when working from home

In a recent US decision, the husband of a BP mergers and acquisitions executive was ordered to pay a total of $1,845,600.06 for violating insider trading laws.

09/12/2024

The PRA publishes the second policy statement on Basel 3.1 and proposals on the strong and simple capital regime for smaller firms

The near-final policy statement is relevant to all PRA-regulated banks, building societies, investment firms and financial holding companies (‘firms’).

09/11/2024

Prudential Regulation Authority announces review of the leverage ratio requirement thresholds

This modification will cease to have effect at the end of 30 June 2026; the PRA may revoke the modification earlier, at an appropriate time following the completion of the review.

09/11/2024

Over 270,000 pensioners denied pension credit amid new winter fuel payment rules

The news comes following the Chancellor’s announcement that the winter fuel payment would now be made only to those on low incomes who received certain benefits such as pension credit.

09/11/2024

ESMA, EBA & EIOPA final greenwashing reports – what stood out?

The reports contain analysis that in several respects will be familiar to firms.

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