05/18/2022
It therefore rejected what would have represented a significant extension of the duty which would have required banks to monitor transactions for fraud not only with their customers in mind, but also any beneficial owners.
05/18/2022
The respondent companies claimed a subsequent deduction from their profits for the purposes of their corporation tax liability.
05/18/2022
They wished to exclude investments that are not aligned with the agreement, even if the financial returns may not be maximised as a result.
05/17/2022
Building on the findings of the LFI report relating to the EU, this paper sets out why legal changes are needed to enable mainstream investors to work towards sustainability impact goals.
05/17/2022
The case was brought by the trustees of two charities – the Ashden Trust and the Mark Leonard Trust – whose principal purposes are environmental protection and improvement and the relief of poverty.
05/17/2022
EBA publishes final technical standards on crowdfunding service providers
Investors using crowdfunding platforms may be exposed to the risk of having insufficient information, and/or incomplete understanding of the viability of a crowdfunding project or of the due diligence conducted by the crowdfunding service providers.
05/17/2022
The G7 countries’ undermining of global transparency has further fuelled calls by leading economists for a UN tax convention
05/17/2022
The awards showcase the leading law firms, lawyers and in-house teams and recognise their work on the most legally innovative and ground-breaking cross-border deals over the past year.
05/17/2022
Digital euro won’t usher out European banks – ECB’s Philip Lane
Unlike cash, the digital currency would exist only online and could be used to make payments between any digital platform without passing through a bank.
05/17/2022
The EBA will submit the draft RTS to the European Commission for endorsement
05/17/2022
This financing, which closed in November 2021, marks the first time commercial lenders take limited-recourse construction risk on a floating offshore wind asset (worldwide first).
05/17/2022
Irish central bank lays down new rules for BNPL providers
The Act introduces an interest rate cap of 23% APR on all credit agreements provided to the consumer.
05/16/2022
A US affidavit seen by Bloomberg News says a nest of offshore companies and a yacht broker helped obscure a superyacht’s true owner
05/16/2022
While the first two platform updates were not given a time stamp, paperless transactions are set to be in place by the end of this year.
05/16/2022
The assessment of the CII’s historic tax situation is still ongoing, but HMRC estimates the CII and PFS could face a £2.45m tax liability, latest accounts for the Institute show.
05/16/2022
A source told FTAdviser some firms are on variable pricing structures, which is putting further pressure on the provider to consolidate pricing.
05/16/2022
The idea is to bring all customers of Nucleus and James Hay to a similar pricing point.
05/16/2022
The FCA is consulting on its proposals in CP22/9 until 17 June with the aim of publishing proposed new rules in July.
05/16/2022
Neither Cavendish Incorporated nor Cottesmore Associates have ever been permitted by the FCA to provide regulated advice on investments.
05/15/2022
As brokers, you help consumers and businesses find the right insurance products they need, enabling them to safeguard against unexpected and unaffordable financial losses.