04/22/2022
AG opines DAC 6 reporting obligation could violate right to fair trial and privacy
The AG concluded that while the right to a fair trial is not violated, the right to privacy may be in certain specific circumstances.
Legal, Regulation & Compliance
04/22/2022
General Court decision in Gibraltar State aid case
The General Court partially annulled the State aid decision issued by the Commission, in so far as it relates to individual aid granted to the plaintiff, based on a tax ruling, for the period 2014 onwards.
04/22/2022
Establishing A Regulated Fintech Firm In Ireland
This includes project management, application submission and support, and regulatory advice.
04/22/2022
Registering and managing a trust – do the new rules apply to you?
The new regulations mean that most UK express trusts must now register unless specifically excluded.
04/21/2022
Competition authorities in Europe respond to Ukraine crisis
No formal exemptions from competition law have been introduced by the ECN
04/21/2022
Corrie Bauckham Batts Limited enters liquidation
Corrie Bauckham Batts Limited is an FCA authorised and regulated Lloyd’s wholesale insurance broker.
04/21/2022
Herbert Smith Freehills: Financial Regulation: Daily Update
The rules, set out in Handbook Instrument (FCA 2022/6), will apply to listed companies for financial accounting periods starting from 1 April 2022.
04/21/2022
Schroder UK Public Private wants to look global
Proposed changes to investment policy
04/21/2022
CMA given powers to crack down on fake reviews
The CMA has been given enhanced powers to tackle rip-offs and bad business practices.
04/21/2022
Two company directors punished for bounce back loan fraud
The bounce back loan scheme was created during the pandemic to support businesses during the period.
04/21/2022
Addleshaw Goddard: Financial Services & Banking News
Overall, the report finds that countries have made huge progress in improving technical compliance
04/21/2022
UK and EU competition authorities launch first parallel dawn raids since Brexit
Alongside the dawn raids, the Commission also sent formal requests for information to several companies active in the automotive sector.
04/21/2022
FCA launches bespoke support service for innovative financial services firms
The FCA said the service was for authorised firms
04/21/2022
Carey Olsen supports Nordic Capital exit of Vizrt Group to new Nordic Capital-led consortium
The secondary acquisition vehicles, which form part of the new Nordic Capital-led acquiring consortium, established with investment vehicles managed or advised by Goldman Sachs Asset Management's Vintage funds, Pantheon and Coller Capital as co-leads
04/21/2022
Leveraging Centralised Cloud MiFID II Advisory
One way that this regulatory gap may be breached is to implement a digital advisory platform that is ESG and MiFID 2 compliant, underpinned by a goal-based investment planning and advice execution workflow. This will enable institutions to adopt a consist
04/21/2022
EIU launches Financial Risk
Financial Risk enables financial institutions, governments and corporations to identify sovereign, currency and banking sector risks posed by political and economic developments across 131 markets.
04/21/2022
Financial Regulation: Daily Update
The response sets out HM Government’s (HMG) final policy approach to amending the regulatory framework, which will ensure that the FSCS can operate most effectively for the consumers of pre-paid funeral plan contracts if a regulated funeral plan pro
04/20/2022
Germany seizes the world's largest yacht (at least according to volume)
Germany's federal police tweeted Wednesday that it found, "through extensive investigations despite offshore concealment," that the yacht currently belongs to Usmanov's sister, Gulbakhor Ismailova.
04/20/2022
Bird & Bird advises Flex
The transaction is one of the largest bond offerings by value, both within the framework of the BFGS and beyond, in Hungary.
04/20/2022
PASA publishes pre-employment guidance to deter fraudsters
The document details that administrators should start by analysing the level of risk associated with a particular position, with the industry body alerting that the level of seniority should not be the only factor considered.