The obligation to provide the information is on the originator, original lender or SPV. Failure to do so can result in administrative sanctions, remedial measures (including financial) and may also carry criminal sanctions.
Speech by Andrew Bailey, Chief Executive of the FCA, at the PIMFA Wealth of Diversity Conference 2019.
UBS — which said it was forced to take the move because of the U.K.'s plan to leave the European Union — is the latest bank to go to court for permission to activate Brexit plans, with the country's scheduled departure now just weeks
Spanish prosecutors said Mourinho, 56, failed to declare revenues from image rights in Spanish tax declarations from 2011 and 2012, when he was coach of Real Madrid, "with the aim of obtaining illicit profits."