06/23/2021
Greensill sent all loans under government scheme to Gupta-linked companies
Eight businesses that borrowed from firm under taxpayer-backed programme revealed
Legal, Regulation & Compliance
06/23/2021
The EDPB’s uncompromising new recommendation on transborder dataflow
The Recommendation is uncompromising and intended to ensure the EU’s protective framework
06/23/2021
Government publishes regulations and guidance on climate risk governance for pension scheme trustees
Accompanying guidance (‘Guidance’) published in June by the Department for Work and Pensions (‘DWP’), sets out how and when trustees must implement climate change governance measures
06/23/2021
Bird & Bird advises WH Ireland Limited on the £15 million Pensana plc fundraise
The Company is focussed on the production of the rare earth elements
06/23/2021
More regulation in private markets remains a challenge, but new solutions bring opportunities
And with such rapidly accelerating demand from clients looking to access private markets, this is now an essential topic for relationship managers and advisers to tackle.
06/23/2021
UK anti-money laundering expert convicted of laundering cash
Prosecutor says £850,000 was allowed to be ‘defrauded from 60 individuals to be dispersed across the world’
06/22/2021
A new dawn for payments - speech by Victoria Cleland
The determination of those involved in its creation, was to build something not only for their immediate needs but for many generations to come.
06/22/2021
Final EDPB Recommendations published on supplementary measures for international personal data transfers from Europe
The challenges posed with implementing the Recommendations may ultimately lead to organisations deciding to instead locate more European personal data in the European Economic Area (the "EEA") or a jurisdiction which is recognised as offering an
06/22/2021
Basel Committee Seeks Public Comments on Prudential Framework for Cryptoassets
To date, the absence of clear bank regulatory standards for cryptoasset-related activities—as well as public skepticism of the legitimacy and future of cryptoassets by some prudential regulators—has slowed the development and offering of crypt
06/22/2021
Successful transactions of securities with Central Bank Digital Currency
Banque de France successfully used Central Bank Digital Currency in a test environment
06/22/2021
Brexit: less than 10 days to request a new residency permit
Tick Tock! Reminder to British Citizens Living in Luxembourg: Less than 10 days remaining to request a new residency permit before 30 June 2021
06/22/2021
Financial investigation powers handed to raft of UK authorities
The legislation allows financial investigators to discharge powers which are normally granted to law enforcement officials such as police officers, Pinsent Masons said in a briefing note on 18 June.
06/22/2021
English High Court rules on scope of its power to determine jurisdiction of arbitral tribunals
The defendant chartered a ship from the claimant on a standard form.
06/22/2021
Third of advisers want to see advice allowance increased
The rules operate slightly differently to the pensions advice allowance.
06/22/2021
Carey Olsen advises FSN Capital on latest mid-market fund launch
The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital's proven investment strategy of targeting control buyout investments of mid-sized companies in Northern Europe.
06/21/2021
EU/US: Cross-border data flows - a necessary part of global trade
Cross-border data transfers have been beneficial to consumer welfare, by giving access to a wider range of goods and services at a lower cost.
06/21/2021
Data regulation replaces tax rate as top investment factor, survey finds
Regulatory regime biggest driver for firms seeking to make data-related investments in EU
06/20/2021
Macron exploits UK Covid restrictions to lure top bankers to Paris in Brexit revenge
Under current restrictions, passengers are required to quarantine for 10 days when travelling from amber list countries such as the US, France and Germany.
06/20/2021
Mr Boom quits the Bank of England warning about the ‘beast of inflation’
Andy Haldane, Threadneedle Street’s free-thinking chief economist, is bowing out after 32 years in central banking
06/20/2021
How will the Bank of England react to the return of inflation?
Market Questions is the FT’s guide to the week ahead