06/30/2022
Gloucestershire firm appoint six new invested directors
The new team will be bringing over 80 combined years of legal and marketing experience to the table as well as fresh, new ideas on the direction of WSP Solicitors work in the county.
Legal, Regulation & Compliance
06/30/2022
12 French banks taken to court for not reimbursing fraud victims
Consumer group accuses banks of too often placing the blame on clients over frauds when they are not at fault
06/29/2022
BoE is being a reckless parent
At a time of rising consumer indebtedness, removing any affordability criteria is not a move to be applauded.
06/29/2022
Simplification of UKCA product marking process ‘cautiously welcomed’
The new mark covers most goods which previously required the ‘CE’ marking and reverse epsilon markings that are applied to products in the European Union.
06/29/2022
UK Building Safety Act’s impact on defective premises claim limitation periods
The reform, one of the most controversial aspects of the BSA, will require businesses in the construction industry to review their positions under the new regime.
06/29/2022
FSCS chief: 78% of claims linked to advice as compensation rises
Rainbird explained that a key priority for FSCS is reducing instances of consumer harm, arguing that it is impossible to ignore the part that financial advice plays in it.
06/29/2022
FCA sees 'clear rationale' for regulatory oversight of ESG data providers
Mixed feedback on UK green bond standard
06/28/2022
FCA places restrictions on IFA over unauthorised fees
The City watchdog said the firm has the right to make written or oral representations to the FCA on the first supervisory notice and the right to make a reference to the upper tribunal.
06/28/2022
Decision by the Swiss Federal Criminal Court
Generating compliant business growth in line with legal and regulatory requirements is key for Credit Suisse.
06/28/2022
The Bill of Rights Bill: an overview
The Bill confers no new rights.
06/28/2022
Report provides insight into first three months of UK’s new national security and investment regime
Under the 2021 National Security and Investment Act (NSIA), businesses and investors must notify the government of certain ‘notifiable acquisitions’ that relate to 17 sensitive areas of the economy.
06/28/2022
83% of pension transfer requests raise red flag warnings
Rates have now grown for the last five consecutive months
06/28/2022
The Fry Group to Join Progeny
The deal will see our team of 191 employees across our UK and overseas offices become part of the Progeny team.
06/28/2022
PFS challenges FCA approach to BSPS compensation
The PFS has asked for the Department of Work and Pensions and the Pension Protection Fund to work together to ensure clients are re-admitted to the BSPS or admitted to the Pension Protection Fund.
06/28/2022
The Bank of London and SAP Fioneer join forces to disrupt global clearing and transaction banking
The Bank of London is the UK's second clearing bank authorised in the last 250 years.
06/27/2022
Banking body BIS urges decisive wave of global rate hikes to stem inflation
Surging energy and food prices mean inflation in many places is now its hottest in decades.
06/27/2022
Sainsbury’s under new pressure to pay living wage for all workers
Queen’s bank Coutts plus Coal Pensions Board join others such as LGIM and HSBC backing resolution for £9.90 an hour
06/27/2022
UBS courts US investment heavyweights to boost valuation
Executives want to convince investors it is a global bank, not a European institution
06/27/2022
Ukraine war: UK joins ban on imports of Russian gold
US President Biden suggested the other G7 nations - Germany, France and Italy - would also join the ban.
06/27/2022
Restrictions placed on Colbourne & Company
Colbourne & Company is a sole trader, and Mr Anthony James Colbourne SMF16 is the only person in the firm who was able to conduct regulated activity on the firm’s behalf.