01/07/2021
FCA: Updated list of equivalent non-UK regimes in relation to DTRs 4 to 6
BoE and SRB sign co-operation arrangement on cross-border bank resolution
Legal, Regulation & Compliance
01/07/2021
FCA publishes coronavirus financial resilience survey data
The FCA has also been using existing regulatory reporting data, enhanced data purchased from a third-party provider and in-depth analysis of liquidity for a number of the most significant firms.
01/07/2021
Lloyds bosses in spotlight over HBOS Reading fraud
Some cases may not be resolved until the end of 2022, more than 15 years after the scam.
01/07/2021
CISI extends remote invigilation testing to all global exam candidates
CISI examinations are usually sat by candidates in global exam centres, with multiple choice exams being undertaken at those centres by computer-based testing.
01/07/2021
Environmental, Social & Governance Law 2021: Ireland
In the first edition of the International Comparative Legal Guide to Environmental, Social & Governance Law 2021, Peter Stapleton, Ronan Cremin and Jennifer Dobbyn provide a comprehensive insight into ESG law in Ireland.
01/07/2021
CP86 2.0 and the Role of the Third Party Management Company
The CBI has indicated that follow ups with firms where shortcomings were identified will be conducted and that industry-wide reviews of CP86 adherence will be ongoing.
01/07/2021
EBA to introduce new EU supply chain rules
The EBA’s new framework states that receivables booked on a firm’s balance sheet should be considered technically past due after 30 days.
01/07/2021
As rules diverge, Scandinavian banks could pay dividends far higher than ECB cap
The more accommodative approach by Scandinavian regulators will be viewed favorably by equity investors, said Johann Scholtz, a European bank analyst at Morningstar, in an interview.
01/06/2021
Ofgem: Direction exempting market participants from obligation to register under REMIT
The Direction applies from 4 January 2021 and until further notice.
01/06/2021
HSBC signs for Silent Eight fraud fighting tech
Matt Brown, group head, compliance services, HSBC, says: "Given the growth in alert volumes, and unpredictable spikes driven by global volatility, we saw an opportunity with Silent Eight that would give us the ability to close alerts quickly and accu
01/06/2021
Cardinal duty – UK Supreme Court clarifies arbitrators' obligations of impartiality and disclosure
The London Court of International Arbitration (LCIA), Chartered Institute of Arbitrators, the London Maritime Arbitration Association (LMAA), and the Grain and Feed Trade Association (GAFTA).
01/06/2021
EU-UK Trade and Cooperation Agreement: Implications for Data Transfers to the UK
While the situation should be kept under review, the temporary arrangement preserves the status quo, such that it is not currently necessary to implement data transfer mechanisms such as Standard Contractual Clauses in respect of data transfers to the UK.
01/06/2021
The UK's ban on crypto derivatives is set to go into effect on Wednesday
IG, the online trading company founded in 1974, is also winding up its crypto CFD products in light of the ban.
01/06/2021
Walkers' Jersey and Ireland teams advise on the establishment of Eagle Street Partners
The firm also advised on the asset manager's acquisition of its first UK real estate asset, offices known as Eurasia House located in Maidenhead, Berkshire.
01/05/2021
The Year Ahead: Developments in Global Litigation and Arbitration in 2021
Our report features economic analysis from The Economist Intelligence Unit, and legal analysis from our team of more than 1,000 disputes specialists across 77 offices.
01/05/2021
Mourant advises Suntec on entry to UK investment market
The net property income yield of 4.6% will provide a DPU accretion of 4.9% upon completion of the acquisition in December 2020.
01/05/2021
Malta on track to avoid grey listing – Robert Abela
On Sunday Abela said the government had been working tirelessly to rectify the situation.
01/05/2021
Cayman faces new EU blacklisting
CNS contacted the Cayman Islands Ministry of Financial Services about the latest threat and officials said that the Cayman government will continue engaging with the EU on the issue this year, albeit given the limitations on travel.
01/04/2021
Satabank ‘blindly’ took on client portfolio without knowing risks
FIAU report finds bank did not always get to pick its own customers
01/04/2021
Ex-FCA boss Woolard awarded CBE
The former FCA boss received a CBE in this year's honours list for services to financial regulation and financial technology innovation.