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Legal, Regulation & Compliance

11/23/2023

Triple lock lives to see another day: Industry reacts

The triple lock was introduced in 2010 by the Conservative-Liberal Democrat coalition government in recognition that the real value of the basic state pension had fallen over many years.

11/23/2023

Hundreds of investors call for probe into FCA's handling of Woodford saga - reports

Days before redress scheme vote ends

11/22/2023

Withers wins £3m refinancing dispute for wealth management client

We successfully obtained judgment against the companies during the disclosure stage of the proceedings.

11/22/2023

The EBA publishes final standards for Supervisors assessing new market risk internal models

These RTS are part of the phase 4 deliverables of the EBA roadmap on market risk and counterparty credit risk approaches.

11/22/2023

Financial stability outlook remains fragile as macro-financial conditions weaken, ECB finds

At the same time, investment funds and other non-bank financial institutions remain vulnerable to liquidity, credit and leverage risks.

11/22/2023

Autumn Statement 2023: UK minimum wage rises announced

The government said that, for a full-time worker aged 21, the NLW rate rise will mean an annual pay rise of almost £2,300.

11/22/2023

Chancellor reforms National Insurance contributions

Hunt said following the reform these earners will still be entitled to full access to state pension credits and other benefits.

11/21/2023

Morses Club Limited and Shelby Finance Ltd (trading as Dot Dot Loans) enter administration

The FCA is in regular contact with the firms and the joint administrators regarding the fair treatment of customers.

11/21/2023

Addleshaw Goddard: Financial Services & Banking News

The templates are accompanied by guidance which includes definitions and rules for compiling the templates.

11/21/2023

Addleshaw Goddard: Financial Services & Banking News

The guidance details the policy intention of the UK government's approach to ownership and control in UK sanctions regulations, in regard to public officials and control.

11/20/2023

Spain: InvestEU supports EIB and Skydweller €30 million loan agreement to expand solar-powered autonomous aircraft programme

The loan agreement, backed by the InvestEU programme, was signed by EIB Vice-President Ricardo Mourinho Félix and Skydweller CEO and Co-founder Robert Miller at the Web Summit 2023 in Lisbon.

11/20/2023

Scottish cyber security organisation calls for greater awareness of rising threat

More than £3m has been recovered during a six-month cyber and fraud multi-agency hub trial

11/20/2023

FCA accused of data grab by consumer credit industry

FCA accused of data grab by consumer credit industry

11/20/2023

CCLA launches modern slavery benchmark for UK listed company investors

Corporate performance and disclosures

11/17/2023

ECB supervisor supports Finma's actions in the AT1 debacle

ECB chief supervisor Andrea Enria has defended the Swiss authorities' decision in the case of devaluing Credit Suisse (CS) AT1 bonds.

11/17/2023

Gender pay gap data can be catalyst for change in UK energy sector

This is reflected in the latest GPG data that is available.

11/16/2023

Deloitte Legal advises niiio finance group AG on planned investment by Pollen Street Capital

The growth strategy of niiio finance group AG, which consists of both organic and inorganic growth, shall be continued.

11/16/2023

FCA places restrictions on KBFS Financial Limited

KBFS has failed to provide us with information requested about its financial position and FOS awards it was due to pay out.

11/16/2023

Financial Services & Banking News

The report summarises the UK's financial services regulatory framework

11/15/2023

White & Case advises Technique Solaire on €200 million fundraising

The three founders, via the holding company JLT Invest, will retain a large majority of the capital.

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