08/25/2016
The FCA said it had expected its figures for the second quarter of 2016 to get worse - and the maximum waiting time has increased by nearly 50 per cent on the previous three months, when it was 50 weeks.
08/25/2016
The European Banking Authority (EBA) has published the responsesreceived to its discussion paper on innovative uses of consumer data by financial institutions.
08/25/2016
In this edition we have a policy update providing commentary on the implications of Brexit on anti-money laundering
08/24/2016
Passporting rules, which allow a bank incorporated in any EU member state to sell its products and services throughout the $19 trillion integrated economy.
08/24/2016
The Official Journal of the European Union (OJ) has published a delegated regulation supplementing the Bank Recovery and Resolution Directive
08/24/2016
The dispute relates to Brooks’ 2012 purchase of Channel Island fund manager Spearpoint, which had invested around £30 million in zero dividend preference shares issued by Origo.
08/24/2016
He is also claiming unfair dismissal and a failure of employer to pay.
08/24/2016
In its next full year of results the firm expects to reach a revenue of around £250m.
08/24/2016
UK-based IFA firm Tenet must compensate a client for advising him to transfer his pension into the doomed high-risk Arch cru fund, which lost investors up to £361m ($462m, €408m).
08/23/2016
Relations between the two nations currently centre on cross-border issues, trade and ties with the European Union.
08/23/2016
While Germany’s Central Bank plans to raise the retirement age by two years to counteract the effect of the aging population, Chancellor Angela Merkel’s spokesman says government will ‘stand by retirement at 67’
08/23/2016
The European Commission has published a delegated regulation supplementing the recast Markets in Financial Instruments Regulation (MiFIR II). It contains regulatory technical standards (RTS) for the reporting of transactions to competent authorities.
08/23/2016
Labour has called for a debate
08/23/2016
The European Commission confirmed that it was satisfied with the JFSC’s information confidentiality provisions in relation to auditors in its recently published legislation, referred to as an Adequacy Decision.
08/23/2016
Investors in the fund are primarily public and corporate pension plans and insurance companies based in both the US and Europe.
08/23/2016
Mercer was established in 2010 to efficiently capitalise on UK property market distortions across a range of investment types.
08/22/2016
In the first step of a radical overhaul and rationalisation programme for Jersey fund regulation, on 1 August 2016 the Jersey Financial Services Commission (JFSC) and the States of Jersey (Government) issued a joint consultation on proposals for substanti
08/22/2016
The guidance has been drafted based on responses to a consultation which was launched last November.
08/19/2016
Since the consultation was published, the FCA has been working very closely with the industry, including trade bodies.
08/19/2016
Mourant Ozannes' corporate team is a leading practice known for acting on the most complex and demanding transactions, with a particularly strong reputation for corporate finance, mergers and acquisitions and private equity.