09/22/2021
Advisers warned over compliance as HMRC writes to non-doms
Ashford added that in the past five years HMRC has heightened its focus on cracking down on so-called ‘enablers’.
Legal, Regulation & Compliance
09/22/2021
Expats rush for Portugal golden visa deadline as EC prioritises end of Malta revised scheme
The recent changes in both these arrangements could be said to be aimed at placating these dissenting voices in some small way.
09/22/2021
FCA provides update on LIBOR transition
The focus since then has been on reducing the existing stock of LIBOR contracts.
09/22/2021
Financial Regulation: Daily Update
The European Court of Auditors (ECA) has published a report on sustainable finance that calls for more consistent EU action to direct finance towards sustainable investment.
09/21/2021
OPBAS publishes report on progress
PBAS expects PBSs to continue investing and improving, focusing their supervisory efforts to have the greatest impact on the prevention of money laundering, and working with other authorities to make the UK an inhospitable place for criminals.
09/21/2021
Law that creates work-from-home right for UK employees to be confirmed on Thursday
This will allow anyone to make a request from the start of their job, with the move aimed at enabling women, disabled people and carers to balance their work and life commitments.
09/21/2021
Regulators not up to speed on banks' digital marketplaces, EU watchdog says
Finance and tech companies are coming closer together as banks set up digital marketplaces for products
09/21/2021
Financial Regulation: Daily Update
The findings set out in the report will inform the EBA’s contribution to the joint European Supervisory Authorities (ESAs) response to the European Commission’s (EC) February 2021 Call for Advice on digital finance, which will be published in
09/20/2021
New EU AML package – an in-depth look at the role of the Anti-Money Laundering Authority
The AMLA is intended to be operational by 2024, with work on direct supervision beginning in 2026.
09/20/2021
Darlington Law Firm Awarded Top Status in Prestigious Guide for Fifth Time
The guide is used by family offices and professional advisers as a key reference point for private wealth management work and related specialisms.
09/20/2021
Financial Regulation: Daily Update
In the response, Mr Glen states that HMG is considering the recommendations made by the TSC in its report of 6 July 2021, and that HMG will bring forward detailed proposals in a second consultation in the autumn.
09/19/2021
Sovereign Wealth Funds: a detailed analysis of transnational regulation and dispute resolution
SWFs are located worldwide. The 20 largest SWFs (as at 22 August 2021) are spread across the Middle East, Asia, Europe, North America and Australia.
09/19/2021
FCA bans financial adviser convicted for grooming
The FCA has banned director Jon Frensham (formerly known as Jonathan James Hunt) from performing any regulated activity.
09/17/2021
UK data protection law reform advocates ‘privacy management’
The government is also proposing to tackle “over-reporting” of personal data breaches by increasing the threshold for notifying the ICO of such incidents.
09/17/2021
Latham & Watkins Advises Carlyle on ESG-linked Credit Facility
A cross-border team represents the global investment firm in the transaction.
09/17/2021
Cookie law faces revamp under UK data reforms
Cookies are small text files that record internet users' online activity.
09/17/2021
Simmons advises Initiative Ireland and Davy on Irish loan fund
The fund has been created to facilitate Irish credit unions in financing the acquisition and development of Irish social and affordable housing.
09/17/2021
Brexit: EU finserv groups call for extension to City clearing house access
This was one of just two areas, out of of 40, where the EU granted the UK equivalence post-Brexit.
09/17/2021
Property boss banned after taking £4.7m from investors
Based on the site of a former convent at Woodchester, near Stroud, the complex would include a hotel, music venue, members club and spa.
09/17/2021
Citywealth name four Dickinson Gleeson lawyers in Top 100
All four of Dickinson Gleeson’s partners partners James Dickinson, James Gleeson, Craig Swart (shown in the main picture) and Guillaume Staal have been listed in Citywealth’s Top 100 Private Client Lawyers 2021.