09/08/2022
The Prudential Regulation Authority publishes discussion paper setting out its proposed approach to policy-making
The PRA will act within a strong policy and accountability framework set and overseen by Parliament
Legal, Regulation & Compliance
09/07/2022
The ECB will need to act ‘forcefully’ with an aggressive move of 75 bps to tame inflation.
At this stage, the Governing Council will in our opinion opt for a restrictive stance despite economic slowdown.
09/07/2022
Britain's Lloyds racks up $350mln of likely scam COVID loans
Lloyds is the worst hit among big banks by net amount, and also saw a higher ratio of likely fraud
09/07/2022
EU triggers Convention to help businesses enforce foreign court rulings
The Convention will be binding on all EU member states other than Denmark.
09/07/2022
UPC Rules of Procedure take effect
There are advantages and disadvantages to patents being subject to the UPC’s jurisdiction that each business has to consider in respect of each of the EPs in its portfolio.
09/07/2022
Lugano firm gains venture capital asset manager licence
Privilège Ventures manages a portfolio of early-stage startups, most of which are based in Switzerland.
09/07/2022
Household indebtedness and financial stability − speech by Colette Bowe
Given at The Future of Financial Mutuals Research Workshop, Bayes Business School
09/06/2022
Inflation expectations, inflation persistence, and monetary policy strategy – speech by Catherine L. Mann
Given at the 53rd Annual Conference of the Money Macro and Finance Society, University of Kent
09/06/2022
Germany responds to FATF concerns with the establishment of a new Federal Financial Crime Agency
As part of this comprehensive evaluation, both legal and regulatory requirements and the effectiveness of anti-money laundering measures are examined.
09/06/2022
SFDR to determine future fund flows in Europe despite greenwashing concerns
Article 9 funds saw inflows in Q2
09/06/2022
Ireland suspends non-registration penalties for UK trustees until registration is simplified
The initial deadline date to register details of the beneficial ownership of a trust on the CRBOT was 23 October 2021 for trusts that were established on or before 23 April 2021.
09/05/2022
Rampant fraud shows no sign of slowing, putting sustained pressure on UK Courts
Press release update on KPMG Fraud Barometer which is the longest running study of its kind in the UK.
09/05/2022
Bank lobby presses review over pay cap and bonus ban
Up to 20% of successful applicants are refusing job offers even at entry level, BPFI claims
09/05/2022
FRC replacement body to be based in Birmingham
The move is part of a wider agenda by the government to shift 22,000 civil servants out of London and into the regions by 2030. So far 7,000 have moved.
09/05/2022
How Truss win will shape UK policy for businesses
If the court rules against the Scottish government, Sturgeon has indicated that she will approach the next general election as a de-facto referendum on Scottish independence.
09/02/2022
Stephenson Harwood advises on Abellio UK and Nederlandse Spoorwegen management buyout
Transportation & trade is a key sector focus for the firm, and this matter demonstrates our ability to advise our clients on their most challenging and complex deals.
09/02/2022
Financial Services & Banking News
The European Banking Agency (EBA) has published its second report on the functioning of anti-money laundering
09/02/2022
Skilled person reviews
The regulated firm puts forward its preferred choice of skilled person firm for our approval.
09/01/2022
Addleshaw Goddard: Financial Services & Banking News
The IBA has confirmed that the consultation is not an announcement that it will either cease or continue the publication of USD LIBOR ICE Swap Rate after June 2023.
09/01/2022
EY talks on multi-billion-dollar split drag on amid snags: ‘It’s a very lengthy process’
EY’s management had hoped to make a call on whether to split the firm by the end of August, but roadblocks remain