12/20/2021
The PRA’s investigation identified that SCB’s internal controls and governance arrangements underpinning its regulatory reporting in relation to the liquidity metric were not implemented or operating effectively.
12/20/2021
The European Parliament voted for stronger and centralised enforcement by the European Commission, in cooperation with national authorities.
12/20/2021
London private equity team represents CVC Growth Partners II on its investment in TechInsights, an information services platform for the microelectronics sector, alongside Oakley Capital Fund IV.
12/20/2021
The Central Bank has initiated 36 risk mitigation programmes requiring individual Firms to take specific action to improve their client suitability frameworks.
12/20/2021
The Report by the Danish Social-democratic MEP, Christel Schaldemose, was adopted by 36 votes in favour, 7 against and with 2 abstentions.
12/20/2021
Post-Brexit, the IFPR serves as the UK’s version of the EU’s prudential regime, the Investment Firm Regulation and Directive.
12/20/2021
Cross-border team represents global investment firm in its acquisition of the largest global manufacturer of intermediate products for ceramic tile production.
12/20/2021
The rules will impact disclosures by standard listed companies and disclosures by asset managers, life insurers and FCA-regulated pension providers and will come into effect from 1 January 2022.
12/19/2021
These developments, as well as post-Brexit development of the UK’s new regulatory framework and changes arising through the Wholesale Markets Review
12/17/2021
The FSCS said it is continuing to send out letters and cheques. It expects to contact at least another 200 bondholders by the end of the year.
12/17/2021
The Bill of Rights would strengthen the right to freedom of expression and add others, such as the right to trial by jury, and “guide the UK courts” to provide greater clarity regarding the interpretation of certain rights, such as the right t
12/17/2021
The difference between commercial (up to 5%) and residential rates (up to 17%) is now significant which is no doubt why there has been an increased focus on ways to mitigate this tax burden.
12/17/2021
The FCA has issued a Decision Notice to Finablr plc refusing the company’s application for cancellation of its premium listing with reference to LR 5.2.7R.
12/17/2021
Businesses in the construction industry will no longer be able to use ‘red’ diesel from 1 April 2022 for most purposes.
12/17/2021
Final Notices would ordinarily be published, providing full details of the FCA’s case.
12/17/2021
The changes to the SDs come into force on 1 January 2022.
12/17/2021
HSBC did not dispute the FCA’s findings and agreed to settle at the earliest possible opportunity
12/17/2021
The European Banking Authority (EBA) has published final report EBA/REP/2021/38 on a feasibility study of an integrated reporting system under article 430c CRR.
12/16/2021
This is a model used by around 3,600 principals and 40,000 ARs across a wide range of financial services markets.
12/16/2021
The PRA welcomes further comment on the FS1/21; it will publish further consultation papers during 2022 and/or 2023.