12/10/2020
The FCA has published a Final Notice fining a financial advice firm £107,200 for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
12/09/2020
FCA & PRA: 5th meeting of joint CFRF
The draft regulation amends the rules for the content of the file to be submitted by the investigation officer to ESMA, the right to be heard with regard to interim decisions, and the lodging of fines and periodic penalty payments.
12/09/2020
High court shuts down UK art investment firms
They ‘were used as part of a cynical scam targeting members of the public’
12/09/2020
In order to continue to provide financial services in the EU, UK financial institutions will need to ensure that they offer these services through entities that are duly authorised in the EU.
12/09/2020
The team worked with lead counsel Trowers & Hamlins LLP and administrators Dominion on the matter.
12/09/2020
Protecting investors through a focus on end outcomes, managing innovation in payments, and ensuring digital operational resilience are of course high on the list.
12/09/2020
The request from the Internal Revenue Service (IRS) cited the Foreign Account Tax Compliance Act (Fatca) as the reason for compliance.
12/09/2020
The revisions will create the most comprehensive and flexible suite of options of any private fund regime.
12/09/2020
LIBOR is an interest rate benchmark used in financial markets, which is being phased out. Andrew Hauser sets out what businesses and lenders need to do to be ready for transition.
12/09/2020
Europe’s banking system had a slow recovery from the financial and European debt crises a decade ago, and governments still hold stakes in some lenders.
12/08/2020
DNB will now examine Finanstilsynet's report and submit a response, but it said that as Finanstilsynet has not yet finished processing the case and hasn't reached a final conclusion, DNB can't go into further detail on the content of the re
12/08/2020
“We are aware that a group purporting to be the Bank of England has published fake announcements today through social media and email,” a spokesperson said.
12/08/2020
The Finance Act 2019 expanded the scope for taxing gains made by non-UK residents on UK property
12/08/2020
The guidance covers all stages of insolvency, including pre-insolvency, entering insolvency, post insolvency, and restructuring procedures.
12/08/2020
Ex-wife of billionaire Farkhad Akhmedov accuses their son of helping to hide assets in divorce battle
12/08/2020
Read the tax update now.
12/08/2020
If implemented, the new regime will govern the most powerful UK tech firms – those with ‘strategic market status’ (SMS).
12/07/2020
We provide details on how we’re moving MiFID reference data and transparency systems away from ESMA as part of the MiFID onshoring process.
12/07/2020
Until now there had been some ambiguity as to the processes to be adopted by CIFs handling client funds.
12/07/2020
Under the terms of the deal, British service providers will have access to the Swiss workplace for up to 90 days at a time, the government said on Friday.