01/13/2022
In a joint consultation with the Prudential Regulation Authority (PRA), we are consulting on the management expenses levy limit (MELL) for the Financial Services Compensation Scheme (FSCS).
01/12/2022
The engagement with the EU DG FISMA began in August 2020 and culminated with The Bahamas' submission of additional information and data in early October 2021.
01/12/2022
The final rules are contained in the Application Fees (Amendment) Instrument 2021 (FCA 2021/63).
01/12/2022
The Brussels office is Shoosmiths’ first outside of the UK and meets two strategic objectives for the firm.
01/12/2022
The regulator wants to assess whether the RTS developed under the Markets in Financial Instruments Regulations, covering certain transparency and data reporting requirements, need to be amended in order to be effectively applied to securities issued, trad
01/12/2022
The UK government has today (11 January 2022) published a consultation seeking views for how a worldwide 15% minimum corporation tax should be domestically implemented.
01/12/2022
Investment companies should be held to the same standards as funds.
01/12/2022
Both Delegated Regulations will enter into force on the twentieth day following that of their publication in the OJEU and shall apply to all Member States.
01/11/2022
The FIAU found Southern Cross failed to adequately document its internal procedures to fight money laundering and did not properly screen its customers before accepting their money.
01/11/2022
This came to light after both authorities found that US taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established i
01/11/2022
We are setting out the new structure for authorisation application fees that comes into effect from 24 January 2022.
01/11/2022
FCA chief executive Nikhil Rathi: ‘We are now finalising our legal analysis with a view to making decisions as to whether to take action’
01/11/2022
It is common for the European Commission to formally report on the operation of such legislation and make proposals for reform.
01/11/2022
It said its processing cost ranged from £2,450 on average for straightforward cases to £6,750 on average for more complex ones.
01/11/2022
Since then, Amazon Web Services has suffered a serious outage that affected a host of big firms, prompting serious worries at regulators around the world.
01/11/2022
Effective competition is central to ensuring markets work well and is at the heart of the FCA’s wholesale strategy.
01/11/2022
Commission Delegated Regulation amending Delegated Regulation (EU) 2016/1675 and supplementing the Fourth Money Laundering Directive (MLD4) has been adopted by the European Commission (EC).
01/10/2022
Important update for owners of French property: changes to succession law in France
This changed in 2015 when the EU Succession Regulation came into force.
01/10/2022
Trust and estate practitioners in Jersey and in the UK are well versed at advising clients the opposite however – that Jersey does not form part of the UK.
01/10/2022
Updated AIFMD Q&A signals Ireland is ‘very much open for business’
The CBI also noted that the QIAIF’s prospectus should detail the role of the AIFM with respect to its ongoing oversight and review of services provided by such non-discretionary investment advisors.