11/06/2023
Euro area households reluctant on spending €1trn in excess pandemic savings: ECB
This shift has had a direct impact on euro area inflation and is consequently of significant interest to ECB policymakers.
Legal, Regulation & Compliance
11/06/2023
European Opportunities proposes additional tender offer ahead of continuation vote
For up to 25% of issued share capital
11/03/2023
Withers' charity and philanthropy team wins recognition in major legal directories
The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024.
11/03/2023
UK enters 'new phase of suspended animation' after Bank of England holds rates
Second consecutive hold
11/03/2023
Financial Services & Banking News
The guidance relates to firms existing regulatory obligations
11/03/2023
FCA bans adviser in regard to DB pensions transfers
He had advised 422 customers, 183 were BSPS members
11/02/2023
Succession Planning for Family Businesses
The transfer of wealth from such businesses can be planned and orderly, or forced by external circumstances—and thus much harder to manage.
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
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.