01/26/2021
The European Banking Authority (EBA) will launch its 2021 EU-wide stress test exercise with the publication of the macroeconomic scenarios on 29 January at 18:00 CET.
01/26/2021
The paper also tackles well-trodden ground regarding the potential for algorithmic collusive practices, discussing both explicit and tacit coordination between firms, as well as hub-and-spoke collusion.
01/25/2021
A draft bill (incorporating the requirements of the Fifth Money Laundering Directive) is expected to be approved by the House of Representatives in due course.
01/25/2021
Deutsche Bank is said to be probing if its staff mis-sold sophisticated investment banking products to clients
01/25/2021
The Cheshire Cheese Company said it had been advised by an official to set up in the EU after it was forced to stop its exports to the bloc due to trade rules that came in on 1 January.
01/25/2021
McGuiness has written to the EU’s three main financial regulators to demand they agree with the regulatory technical standards covering the presentation of costs and performance scenarios, according to the FT.
01/25/2021
The consultation itself acknowledges the rapid pace of change in this area that has been accelerated not only by evolving technology and innovations but by changing consumer needs and expectations, including as a result of the coronavirus pandemic.
01/25/2021
EU regulators have been given an end of January deadline by the European Commission's financial services commissioner Mairead McGuinness to come to an agreement about the overhaul of PRIIPs rules, the Financial Times has reported.
01/25/2021
TP ICAP said it needs to bulk up its Paris hub with between 60 and 100 staff.
01/25/2021
Investigation at German lender was triggered by client complaints last year
01/25/2021
This is a further sign that the cost of compensation is truly out of control.
01/25/2021
ISDA published the IBOR Fallbacks Supplement and IBOR Fallbacks Protocol on 23 October 2020.
01/22/2021
Kingsway was also one of 45 firms put on the Financial Services Compensation Scheme’s default list between May and October last year.
01/22/2021
While the Cayman Islands judgment was within the literal definition of the term “judgment” in the 1920 Act, Lord Justice Males preferred a more purposive construction.
01/22/2021
Due to the advice class breaching its limit, alongside the investment provision class
01/22/2021
The FCA has also published research conducted by IFF Research on CMCs, fee rules and financial services claims.
01/22/2021
The confiscation comes after the pair lost a bid to overturn their conviction last month.
01/22/2021
The ruling by the Vatican court signaled the church’s desire to get its financial house in order following past scandals.
01/22/2021
Recent data from the Financial Conduct Authority showed it had thwarted a dozen advisers attempting to phoenix in the first 10 months of 2020.
01/21/2021
The FCA has announced that half of reporting firms who have previously submitted their regulatory reporting on Gabriel are now using RegData, the new data collection platform.