04/26/2021
The Opinions largely support the draft UK adequacy decisions and represent a positive step towards adoption of formal UK adequacy decisions.
04/26/2021
The regulator added it would send emails to approximately 2,800 non-submitting firms, which previously had approved persons and provide consumer-facing activities, including mortgage advice firms.
04/23/2021
The FMLC understands that the IPSF is a forum for public authorities in charge of developing sustainable finance policies and initiatives and supports the coordination efforts made globally to scale up sustainable finance and promote integrated markets in
04/23/2021
The Code currently provides for bids to lapse automatically if certain regulatory procedures are initiated in the UK or EU.
04/23/2021
The European Commission has adopted an ambitious and comprehensive package of measures to help improve the flow of money towards sustainable activities across the European Union.
04/23/2021
Investigation reveals millionaires were given passports despite not meeting the conditions
04/23/2021
The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.
04/22/2021
Inquiry committee extends remit and timeframe for special investigator after scathing initial report
04/22/2021
Bartholomew Hawkins is facing 13 claims to but the FSCS has yet to pay out anything it said at the time.
04/22/2021
In Brussels today, the European Commission unveiled a much-anticipated new rulebook on Artificial Intelligence.
04/22/2021
The rules follow the publication of the UKJT’s landmark Legal Statement on Cryptoassets and Smart Contracts in November 2019
04/22/2021
A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.
04/22/2021
The new rules aim to help firms prevent, adapt, respond to, recover and learn from operational disruptions.
04/22/2021
The proceedings relate to an offence of conspiracy to commit fraud by false representation involving both individuals and two further offences by one of the individuals for carrying on regulated activities without authorisation.
04/22/2021
The fraud charges relate to a series of mortgage applications made between January 2015 and March 2018.
04/21/2021
The questions to the financial institutions include whether their criteria for opening business accounts has changed since the start of the pandemic, whether waiting times have increased, and how customer complaints are handled.
04/21/2021
The company also neglected to “implement adequate internal control procedures to protect the scheme members from any financial losses” and “failed to ensure that the individual member accounts are adequately liquid at all times”.
04/21/2021
It will also monitor international CBDC developments to ensure the UK remains at the forefront of global innovation, the BOE said.
04/21/2021
The current resurgence in SPAC activity started in 2012 and, after initially seeing steady year on year growth, SPAC use suddenly rocketed in late 2019. Since then, growth has been almost exponential.
04/21/2021
Planned interim chief Brian O’Kelly will leave stockbroker when deal is finalised