09/09/2022
Steph Wilcox: Will pensions dashboards be the perfect advice match?
The pensions dashboard opens up real opportunities for financial advisers, with technology inevitably at the forefront of the charge
Legal, Regulation & Compliance
09/09/2022
FCA outlines its updated approach to alternative asset management supervision
The FCA acknowledged that most firms in the alternatives space deal with professional clients, and those firms should expect the FCA to supervise them proportionately.
09/09/2022
Better Retirement Group under investigation by FSCS
The FSCS cannot yet confirm the number of claims against the firm.
09/08/2022
Addleshaw Goddard: Financial Services & Banking News
In June 2022, the Committee report on the future of financial services regulation called for the FCA to have regard to financial inclusion in its rulemaking and provide an annual report on the state of UK financial inclusion.
09/08/2022
Fighting financial crime – the force multiplier effect
Speech by Sarah Pritchard, Executive Director, Markets, at the Financial Crime Summit – 1LOD.
09/08/2022
Two advice firms fail with BSPS and mortgage claims
“In the last financial year, we had 397 home finance claims in total, versus 8,895 in the class that includes pension and investment advice.”
09/08/2022
White & Case advises bank syndicate on issuance of green federal bond with principal amount of €5 billion
The Federal bond has a principal amount of €5 billion, a five-year term and a fixed coupon of 1.30%.
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
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