03/05/2021
Financial Regulation: Daily Update
The revised SoP also states that the FCA is willing to use its temporary powers flexibly and amend its approach to the DVC if another jurisdiction makes an equivalence decision in respect of the UK.
03/05/2021
UBS Set to Use Money-Launderer Case to Cut $5.4 Billion Penalty
UBS and six bankers have three weeks to win over appeals court
03/05/2021
The Angolan billionaire’s company had “no intention” to carry out economic activity in Malta, the island nation’s authorities said.
03/05/2021
Some 8 billion euros in daily share trading left London for the EU in January after the Brexit transition period ended on Dec. 31
03/05/2021
Financial watchdog BaFin alleges balance sheet manipulation at troubled lender with €3.5bn of deposits
03/05/2021
The consultation paper seeks the views of interested parties on 7 draft Regulatory Technical Standard
03/04/2021
The proposed modifications to the TD are based on ESMA’s experience gained while coordinating the enforcement of financial information in Europe, notably, when preparing reports, discussing supervisory cases or preparing statements and opinions.
03/04/2021
The FCA is currently working on an online calculator - to be released soon - to help policyholders gather two types of evidence, namely 'Reported Cases’ and ‘Estimated Cases’.
03/04/2021
The group also claimed that councillors had unlawfully taken into account the threatened consequences of government intervention in the plan.
03/04/2021
The deadline for responses to CP138 is 26 July 2021.
03/03/2021
The FCA has published a Consultation Paper (CP) on its proposed approach to the regulation of the pre-paid funeral plans sector.
03/03/2021
Blue Gate’s shareholders have taken the decision to place the business into insolvent liquidation via a creditors voluntary liquidation.
03/03/2021
ESMA recommends a phased approach, which should prioritise financial and non-financial information of public companies.
03/03/2021
The aim is to establish a single access point as well as an EU harmonised approach for the IT format for companies’ information.
03/03/2021
Examples of disruptions affecting ICT capabilities include, for example, cyber-attacks and other incidents, technological failures, as well as other malicious and non-malicious events.
03/03/2021
Under the new partnership, investors will be able to see what amendments of documents are being proposed and use i2 CapMark’s proprietary platform
03/03/2021
The EU watchdog appealed to the Court of Justice of the European Union (CJEU).
03/03/2021
It was a busy year for the DPC and the Report details the extensive span of the DPC's regulatory work.
03/03/2021
The measures taken at ING in France are in line with ING’s efforts since 2017 to further enhance the management of compliance risks and embed stronger awareness across the whole organisation.
03/02/2021
The European Commission has published a Commission Delegated Regulation supplementing the CRR.