12/26/2021
In February, the schemes were granted an extension to the period in which they can consider filing for judicial review, following a request from the government to have more time to prepare its defence.
12/24/2021
The legislation also rules out Covid-19 related changes as grounds for material change of circumstances business rate appeals.
12/23/2021
The arrest is in relation to non-disclosure of key passwords for various laptops and phones, which were seized from him by a warrant issued under s176 Financial Services & Markets Act 2000 on the 18 April 2018.
12/23/2021
This resulted in a sub-standard investment management service being provided to the external fund and its investors.
12/23/2021
The application for the special administration was made by the FCA and follows requirements imposed on Viola on 14 December 2021, which required it to cease all regulated electronic money and payment services.
12/23/2021
The proposed revisions would insert a new paragraph, 17.29A, dealing with completion of customer due diligence (CDD) by lenders.
12/23/2021
Currently, there is no firm-wide regulation of insolvency practice in Britain.
12/23/2021
It delivers a prototype that has already been adapted to the needs of future users through user feedback.
12/23/2021
A Swiss court has allowed the extradition to Germany of Hanno Berger, a German banker accused of playing a key role in a years-long tax fraud.
12/23/2021
The UK government hopes the rules will minimise disruption for contracts referencing one, three and six-month sterling and yen LIBOR for which the counterparties have not managed to agree to move to a replacement reference rate before LIBOR ceases at the
12/22/2021
As regulatory compliance experts, we’ve been in the business a very long time.
12/22/2021
Since March 2020 we have adopted temporary measures on the requirement for firms to issue 10% depreciation notifications to investors
12/22/2021
The FCA has confirmed that disclosures made in 2022 which relate to the 2021 performance year
12/22/2021
The government said these changes included the development of the online retail investment market, price inflation, and pensions freedoms, which have eroded the value of the HNWI exemption thresholds.
12/22/2021
The rules, published in PS21/5 and updated in PS21/11, aim to improve the way insurance markets function.
12/22/2021
Some proposals are to: revise the comparable compliance framework; expand ESMA's supervisory and crisis management toolbox; consider appropriate incentives for reducing the size of EU exposures to Tier 2 CCPs; and enhance cooperation with UK authorit
12/22/2021
The PRA has imposed a financial penalty on Metro Bank plc of £5,376,000 for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position and for failings in its regulatory reporting governance, co
12/22/2021
The stock market looks like the best game in town when it comes to delivering long term returns in excess of inflation.
12/22/2021
The legislative package is aligned with the overall CMU strategy to continue building an internal market for financial services and making financing more accessible to European companies, while strengthening investors' protection.
12/22/2021
The Spanish bank will fight Andrea Orcel over a ruling that it must pay $76 million in financial amends for yanking the CEO job from under his feet.