11/02/2023
EU regulator bans Meta's use of personal data for behavioural advertising
European Data Protection Board took the decision following a request from Norway's data regulator
Legal, Regulation & Compliance
11/02/2023
ESMA publishes data for quarterly bond liquidity assessment and the systematic internaliser calculations
ESMA’s liquidity assessment for bonds is based on a quarterly assessment of quantitative liquidity criteria, which includes the daily average trading activity (trades and notional amount) and the percentage of days traded per quarter.
11/02/2023
Addleshaw Goddard Financial Services And Banking News
The FCA has also published a press release, confirming that it has secured further changes to potentially unfair and unclear contract terms for unregulated BNPL firms.
11/01/2023
Stephenson Harwood rolls out Office & Dragons technology
Through the adoption of this technology, the firm's lawyers can produce large volumes of documentation relating to complex projects with precision, whilst also reducing turnaround times for the benefit of clients.
10/31/2023
White & Case advises Pollen Street Capital on multi-layered investments in niiio finance group
The transaction is subject to regulatory approvals.
10/31/2023
ESMA publishes analysis on the evolution of EEA share market structure since the application of MiFID II
Specific focus is given to the impact of the UK’s withdrawal from the EU, given its pivotal role in equity markets.
10/30/2023
Marsh McLennan wants to delist in the UK
Costs and administrative burden "disproportionate" to the benefits
10/30/2023
Bank of England expected to keep interest rates unchanged again
The base rate, which influences the interest that people pay on their mortgages, is widely expected to be kept at 5.25%, although markets see some chance that it could rise.
10/30/2023
TPR issues value for money warning to employers
“That can’t be right. Master trusts need to have the confidence that the market will allow them to compete in terms of value and returns.
10/30/2023
Digital 9 Infrastructure shareholder calls for strategic review by 3 November
Or EGM will be requisitioned
10/27/2023
Baker McKenzie legal advisor to Erik Penser Bank in divestment to Carnegie
The transaction is conditional upon receipt of customary regulatory clearances.
10/27/2023
Addleshaw Goddard: Financial Services & Banking News
The statement follows a change in legislation, in force from 8 October 2023, bringing cryptoasset promotions under the FCA remit.
10/27/2023
FCA decides against expanding access to FOS regime to 'larger' UK SMEs
The data suggests that the vast majority of small businesses can access the FOS should they need to.
10/26/2023
European Supervisory Authorities publish joint criteria on the independence of supervisory authorities
These authorities can in turn provide effective and adequate protection for customers and consumers of financial services ensuring confidence in the financial system.
10/26/2023
Carey Olsen named as a top offshore law firm by eprivateclient
Of the 42 offshore law firms to feature across three tiers, Carey Olsen has been placed in Tier 1 alongside seven other multi-jurisdictional law firms.
10/26/2023
ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority
The Board finds that the appeal case is admissible and suspends the ESMA Decision.
10/25/2023
Review of rules extending SME access to the Financial Ombudsman Service
Our assessment looked at whether changes needed to be made to allow larger SMEs access to the ombudsman service.
10/25/2023
Babbé also recognised in Legal 500 and C&P
The firm had its Banking & Finance team acknowledged for the first time with a Tier 2 Legal 500 ranking, with team members also praised.
10/25/2023
Following the UK Finance fraud report Quilter reveals its Halloween CORPSE scam avoidance framework
Louise Cockburn information security awareness and culture manager at Quilter, below talks through Quilter’s CORPSE scam framework
10/24/2023
International Tax Review recognizes Dentons among world's leading tax practices
The annual World Transfer Pricing directory is a part of the ITR group.