10/02/2025
Five former Deutsche Bank employees sue German lender in London
A former trading head, Michele Foresti, filed a case on September 30 against four Deutsche entities for commercial fraud.
Legal, Regulation & Compliance
10/02/2025
PIMFA calls for relief from regulatory burden on wealth managers and advisers
Eight in 10 firms (79%) have seen an increase in compliance expenditure over the past 12 months
09/30/2025
Industry pushes for clarity on FCA’s targeted support plans
On Friday, the regulator invited further feedback on how its proposals can be refined and aligned with the wider framework.
09/30/2025
Moldova: EIB Group extends EU-backed guarantees to two banks, unlocking new finance for local businesses
The guarantees are backed by the EU4Business Guarantee Facility, financed from the budget of the European Union.
09/29/2025
Government backs Jaguar Land Rover with £1.5 billion loan guarantee
The Government announces support package for JLR following the recent cyber-attack.
09/29/2025
HMRC issues warning to anyone with a National Insurance number to protect your identity
HM Revenue and Customs (HMRC) has issued an urgent warning to anyone with a National Insurance number, urging them to "keep it safe" and not to share it with others
09/29/2025
State of Europe’s environment not good: threats to nature and impacts of climate change top challenges
The report stresses that climate change and environmental degradation pose a direct threat to Europe’s competitiveness, which depends on natural resources.
09/29/2025
ECB Consumer Expectations Survey results – August 2025
Expectations for three years ahead were unchanged at 2.5%.
09/29/2025
Switzerland and the United States issue a joint statement on foreign exchange matters
This statement is not legally binding and confirms existing practice.
09/26/2025
Q2 2025 supervisory data indicate improvements in ROE despite continued tightening of net interest margins in EU/EEA banks
Their total liabilities stood at EUR 27 trillion, slightly increased compared to last quarter, with little changes in the liability structure.
09/26/2025
Government response to the technical consultation on the design of a Community Wealth Fund in England
This Labour government is taking bold action to give power to those with the skin in the game so communities can drive the change they want to see.
09/26/2025
SMEs in focus of new rules from Swift network
Global financial backbone looks to bring easier access and commitment to standards for cross border payments
09/25/2025
The EBA advises the EU Commission on the review of the EU covered bond framework
The EBA welcomes this initiative as a timely opportunity to evaluate the effectiveness of the current framework
09/24/2025
Deutsche Börse and Scila extend agreement
As a result of the German HFT Act, Scila has developed a bespoke functionality which enables Deutsche Börse to track and monitor algorithmic trading on a detailed level.
09/24/2025
The confidence dividend: Tackling financial crime to strengthen markets
From market reforms to proactive outreach and international cooperation, the FCA is strengthening the UK’s reputation for integrity and competitiveness in wholesale markets.
09/23/2025
FINMA and the UK supervisory authorities strengthen cooperation in financial services
The Swiss Financial Market Supervisory Authority FINMA and the UK supervisors FCA and PRA signed a memorandum of understanding (MoU) today.
09/22/2025
Financial Times Once Again Honors Dechert Among the Most Innovative Law Firms in Europe
Dechert was ranked #1 for social responsibility, with a perfect score of 10 out of 10.
09/22/2025
Baker McKenzie Recognized as Leading Tax Law Firm with 21 Awards at the International Tax Review Awards 2025
Baker McKenzie and its member firms collectively won 21 awards at the International Tax Review Awards 2025, cementing the Firm’s position as a leading law firm for tax services.
09/22/2025
Over 270,000 motorists to receive £200m in motor insurance compensation after insurers improve their claims processes
Insurers have now overhauled their claims processes in line with the regulator’s Consumer Duty.
09/22/2025
Board Digest - September 2025
I hope that all PFS members will consider joining us for both events.