01/06/2023
The regulator also said it was concerned about CMCs failing to investigate the veracity of claims properly and firms using their FCA authorisation to legitimise their non-regulated services.
01/06/2023
It used its powers to do so under a regulatory cooperation mechanism that operates under the EU’s General Data Protection Regulation (GDPR).
01/06/2023
Trade mark holders in the EU have the exclusive right to control when and where their goods are first placed on the EU market.
01/06/2023
This statement highlights the PRA's recent invitation to insurance firms to recalculate the Transitional Measure on Technical Provisions.
01/06/2023
The letter follows the FCA's previous portfolio letter in October 2020 which details the regulator's two-year strategy and work plan for setting expectations of firms to mitigate the primary risks identified within the market.
01/06/2023
He told victims that the investment was ‘virtually risk free’
01/05/2023
K&L Gates’ Asset Management and Investment Funds practice has more than 50 years of experience in the financial services industry and comprises more than 150 lawyers throughout Asia, Australia, Europe, the Middle East, and North America.
01/05/2023
The Pensions Dashboard Regulations, which came into force in December, were designed to create the legal and technical framework for unified dashboards that enable retirees to view and manage their pensions from multiple providers.
01/05/2023
Rowanmoor Personal Pensions Limited, which managed £1.4bn of people’s pensions, collapsed in August last year following a Financial Ombudsman Service case upheld against it which opened the floodgates to many similar claims.
01/05/2023
The number of FCA fines levied against individuals also rose, from only three in 2021 to 10 in 2022.
01/05/2023
The FCA are seeking views on their proposed rules to introduce a new financial resilience regulatory return for solo-regulated firms.
01/05/2023
“As member directors and co-opted advisers, we want formally to express our severe disappointment with the announcements made by the CII just before Christmas,” the statement read.
01/04/2023
The AMF in its decision said the financial penalties would be accompanied by disciplinary sanctions, citing several failings related to the acquisition and management of the Tennor assets
01/04/2023
The case was brought by Dalriada Trustees, which was appointed by the Pensions Regulator as independent trustee of the Optimum Retirement Benefit Plan in 2018, and an individual complaint by a scheme member.
01/04/2023
Louboutin had sued Amazon in Belgium and Luxembourg, claiming that because Amazon regularly advertises red-soled shoes offered by third party sellers, it has infringed that trade mark.
01/04/2023
The rule now requires that the double non-taxation outcome resulting from the reverse entity must only be due to the mismatch classification of such entity.
01/04/2023
€100m in total
01/04/2023
For others, the increased levels of professionalisation – added to the net effect of driving poor actors out of the market – have only strengthened their own businesses.
01/03/2023
The base rate has increased from 0.1 per cent in December 2021 to 3.5% following a series of rises throughout 2022 as the Bank sought to put the brakes on surging inflation.
01/03/2023
Our London office has grown over the years, and our team there has considerable experience with M&A and general corporate matters