09/29/2022
Addleshaw Goddard: Financial Services & Banking News
The report presents the feedback received from the call for evidence, which concluded in March 2022 and provides its recommendations going forward.
Legal, Regulation & Compliance
09/29/2022
HMT response to Bank of England financial stability intervention
HM Treasury responds to the Bank of England’s intervention to support financial stability
09/28/2022
How regulation can prepare the ground for economic growth
Dealing with this can sap your resources and divert focus away from the more rewarding work of helping new and existing firms to thrive and grow.
09/28/2022
Comparing litigation in the US versus England & Wales
The process also allows parties – where possible – to resolve the dispute on a pre-action basis without the involvement of the court.
09/28/2022
Innovation in post trade services - opportunities, risks and the role for the public sector − speech by Sir Jon Cunliffe
This focus has in my view been entirely appropriate.
09/27/2022
Carey Olsen advises Ikigai Ventures Ltd on London listing
Ikigai was established to acquire companies with a specific focus on sustainability and ESG strategy as part of their core business.
09/27/2022
Addleshaw Goddard: Financial Services & Banking News
The purpose of the DCRF's research was to reveal areas of common interest among DRCF members, ensuring that any future interventions made by the DRCF are aligned and complementary.
09/27/2022
Birmingham Inner Circle Community Credit Union Limited enters administration
Birmingham Inner Circle Community Credit Union Limited is a financial co-operative owned by its members.
09/27/2022
The PRA's future approach to policy − speech by Vicky Saporta
Today I am going to explain how those principles will guide us as we seek out new opportunities to pursue all our objectives
09/26/2022
IQ-EQ partners with Allvue Systems to enhance private debt offering
Through this partnership, announced by Allvue yesterday, Allvue’s clients will have the option to leverage IQ-EQ’s back office servicing and capital markets advisory offering.
09/26/2022
FCA aware of Schroder trust valuation mistake
The company’s shares have, in fact, dropped by nearly 60 per cent in the period since the IPO.
09/26/2022
Link acquisition deal terminated
As a result, the proposed acquisition which Link shareholders approved in August won't proceed.
09/26/2022
Definition of capital: Updates to PRA Rules and supervisory expectations
Policy Statement 8/22 | Consultation Paper 2/22
09/26/2022
Tavistock hits out at Fos's 'abuse of process'
Over the past year, Tavistock added, the Fos has also taken it upon itself to split several individual claims into multiple claims, thus increasing the company's potential exposure.
09/23/2022
Recession risks rising, as Fed’s inflation fight is far from over
The Fed’s decision on rates was unanimous, and Mr Powell noted that the Fed still intends to move ‘purposefully’ towards rates that actively restrict growth, with the current 3.00-3.25% level now on the cusp of that territory.
09/23/2022
Deutsche Bank partners with Visa to prevent fraud in online retail
With the solution from Visa and Cybersource, we are offering merchants a whole new form of risk management.
09/23/2022
Addleshaw Goddard: Financial Services & Banking News
In this context, the paper sets out the reasons why it is important to collect this data and suggests best practice for firms.
09/23/2022
Government u-turn on NI takes an economic gamble on social care funding
Reversing the NI hike has a much greater impact on someone earning £100,000, who would save £91 monthly or £1,092 annually.
09/23/2022
Positive that NHS pensions are finally being addressed but devil is in the detail
Any fix needs to not only address eyewatering tax bills from the disconnect between CPI and annual allowance but also the problems with negative growth.
09/23/2022
We consult on new guidance on the trading venue perimeter
Since the current regulatory framework was introduced, changes in technology and market structure have enabled a variety of new service providers to emerge, improving efficiency and choice.