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.
Legal, Regulation & Compliance
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
09/01/2022
Rowanmoor Personal Pensions enters administration
This is because the pension scheme assets (including cash) are held in trust by Rowanmoor Trustees Limited (RTL), which has not entered administration.
09/01/2022
FSMA Warns against Fraudulent Offers by Five Wealth Management Firms
False promises made by wealth management firms.
09/01/2022
Maltese advice firm and directors charged over $75m fraud
The company and one of the executives were also named in the Paradise Papers leak
08/31/2022
Energy price cap: smart meters could ‘offer some relief’
The price cap, which is set every three months, limits the maximum amount energy companies can charge households for each unit of energy they use.
08/31/2022
The EIB backs Tapojarvi with EUR 18 million to reduce the environmental footprint of the steel industry
The project will also cover the initial testing and ramp-up phases to transform the slag into valuable by-products and reduce landfilling.
08/31/2022
Co-operative Bank ordered to refund mortgage ERC
Porting a mortgage is the process of taking an existing mortgage deal on the current property and transferring it to another home.
08/31/2022
Fast-track planning route to speed up major infrastructure projects
Major infrastructure projects such road improvements and offshore wind farms will be delivered more quickly through a new fast-track planning route.
08/30/2022
BSPS redress scheme likely to be challenged at court by campaigners
The group submitted evidence to the now concluded Public Accounts Committee’s inquiry into BSPS.
08/30/2022
Completion of BNP Paribas Jersey Trust Corporation Limited
This latest deal will bring additional scale and local expertise to ZEDRA’s already fast growing Jersey office.
08/29/2022
PRA and FCA conclude investigations into senior managers in relation to the 2008 failure of HBOS plc
The Authorities’ joint investigations considered the performance of certain former senior managers at HBOS in the years before its failure.
08/29/2022
Euro zone bond yields shoot up to two-months highs on hawkish ECB, Fed
Comments from Federal Reserve Jerome Powell, speaking at the Jackson Hole central banking conference in Wyoming, added to the unease in bond markets over rapidly rising rates to contain inflation.
08/29/2022
Andy Bell: Common sense failure risks good work on pension transfers
Pension scam protection is vital but some trustees are determined to only consider the ‘letter of the law’ and not to apply common sense
08/29/2022
Scots court issues ‘timely reminder’ on interpretation of terms in contracts
McLure remains a 40% shareholder in the company, which provides support services to the oil and gas industry.