04/21/2017
GFSC Publishes its Business Plan for 2017/18
This business plan sets out our programme of work for the period 1 April 2017 to 31 March 2018.
Legal, Regulation & Compliance
04/21/2017
Debevoise Advises Adveq in its Sale to Schroders
The Debevoise team advising Adveq was led by New York partner Gregory V. Gooding
04/20/2017
Undoing bank regulation is risk to stability, U.S. stance key - Bank of France
Any temptation to go back on this or to massively deregulate would increase the risk of another financial crisis.
04/20/2017
IMF encourages banks to sack staff amid weakness due to legacy of bad debt
The International Monetary Fund is warning banks to get rid of their staff amid concerns over their assets.
04/20/2017
Evenlode Income to stop charging investors for research
Peters added that trading costs will still be borne by the fund
04/20/2017
Linklaters trials fixed-hours week for German associates
Lawyers signing up for the programme will work to a 40-hour week with exact clock-in times.
04/19/2017
IMF raises doubts on European banks' ability to generate sustainable profits
Overbanking in the industry is one of the main reasons for low margins
04/19/2017
L&G pays out £606m for protection claims in 2016
The average age of claimants was 41 years old.
04/19/2017
Linklaters scraps individual partner targets in effort to boost focus on teamwork
Annual partner reviews to be ditched in favour of more regular feedback
04/18/2017
Watchdog probes risk of fund manager failure
Financial Conduct Authority investigates whether 'disorderly' failure of investment managers could disrupt the financial system.
04/18/2017
City fund manager calls for investigation of performance figures
Alan Miller asks regulator to test if shareholders received ‘misleading’ information
04/18/2017
FCA probes 'disorderly' investment manager failure
The regulator is also examining product design and portfolio oversight, questioning some of the motives behind new products.
04/18/2017
Mifid rules on research payments will harm investment boutiques
Saracen’s Graham Campbell worries about the cost of research for asset managers
04/18/2017
BANK WARNS: Don't get caught out by top scams
It said customers can protect themselves by checking the item description carefully and reading the website's dispute resolution policy before buying.
04/18/2017
Andrew Bailey speech for the publication of FCA corporate documents
They explain how and why we regulate financial conduct in the UK and what we want our regulation to achieve, our view of the issues and challenges in the sectors we regulate, our plan and priorities for the period ahead and and the budget we are setting.
04/18/2017
Herbert Smith Freehills - Financial regulation update
ESMA MoU under EMIR
04/18/2017
UK advisers face 5% fee hike
It is also budgeting £2.5m for EU withdrawal.
04/18/2017
Linklaters, Ashurst, Pinsents and Taylor Wessing among contenders for Legal Week Innovation Awards
The awards, which are in their third year, set out to celebrate the contribution made by lawyers and non-fee-earning staff to the success of their businesses.
04/18/2017
Bank Brexit exodus seen hastened by close regulator scrutiny
The risk is that there may not be any clarity until after the German elections in September.
04/18/2017
FCA flags concerns about advice suitability and cost
Conflicts of interest in vertically integrated firms