07/27/2023
In such a case, the capital gain would be subject to a 1.2% effective tax (resulting from the application of the 24% CIT ordinary rate on a taxable income equal to 5% of the capital gain).
07/27/2023
Estimated cost to taxpayers has increased sharply as interest rates have risen
07/27/2023
Earnings at eurozone’s biggest bank beat forecasts but hit by litigation and restructuring costs
07/26/2023
In addition, FINMA has opened enforcement proceedings against a former Credit Suisse manager.
07/26/2023
While the case was closed years ago at the regulatory level, the civil law resolution drags on.
07/26/2023
The Advertising Standards Authority (ASA) is one of the regulators showing their willingness to take a firm approach to tackling misleading green claims.
07/26/2023
TIAs will not need to be carried out by businesses that self-certify against the DPF’s privacy principles.
07/26/2023
This differs from the 2022 Draft RTS which required these conditions to be “taken into account”.
07/26/2023
The Stephenson Harwood team advised Kudu on both of these transactions.
07/26/2023
Financial services firms can play a key role in helping those with additional requirements manage their finances.
07/25/2023
The shortcomings are serious and Finma has ordered far-reaching measures applying to the bank and its legal successor, UBS.
07/25/2023
There are now also nearly four times as many people taking out mortgages with terms that they will be still paying off in their 70s.
07/25/2023
The EBA has only limited recommendations for the Commission at this stage, which concern extendable maturity triggers for covered bonds and indirect derivatives client clearing activities.
07/25/2023
Credit Suisse has been jointly fined by the Federal Reserve and UK's Prudential Regulation Authority
07/25/2023
Since April 2012, the money collected from FCA fines has gone to the Treasury, which are then able to go towards charity donations.
07/25/2023
This is the PRA’s highest fine and the only time a PRA enforcement investigation has established breaches of four PRA Fundamental Rules.
07/25/2023
It is a ‘crucial step and milestone for the growth of our EU business’
07/25/2023
The information provided is aimed at supporting firms' planning and ongoing work in maintaining and enhancing resolvability.
07/24/2023
Richard Tice believes his party has been caught up in the same debanking scandal as Nigel Farage, but the lender says it is not its policy to reject customers on the grounds of political or personal beliefs.
07/24/2023
Supervisory chief says financial markets in a ‘delicate phase’