07/17/2020
The guidance sets out the FCA’s expectation that firms should carefully consider the impact of a planned closure or conversion on their customers’ everyday banking and cash access needs
07/17/2020
Other Tax Authorities in the European Union are concerned by this situation which they consider to be the subject of aggressive tax competition on the part of Portugal.
07/17/2020
Those rules reinforced surveillance requirements for banks, lawyers and accountants
07/17/2020
The Board of the Financial and Capital Market Commission (FKTK) on July 14 2020 decided to apply a fine of EUR 906,610 euros to Signet Bank for breaches of the anti-money laundering
07/17/2020
New York regulators last week announced Deutsche Bank would pay the fine for “significant compliance failures” over Epstein and two unrelated cases.
07/17/2020
After the Claimant and its group companies issued a claim seeking a declaration that they were entitled to be indemnified against certain liabilities for professional negligence
07/17/2020
Recent reports in the British, Swiss and Spanish press have increased the pressure on the royal family.
07/17/2020
EFAMA members are committed to play their role to help achieving the Commission's objective of channelling at least €1 trillion towards sustainability-related investments over the next decade
07/17/2020
The FCA's dedicated webpage confirms it will publish further information including how to apply to the digital sandbox and the specific use cases later in summer 2020.
07/17/2020
Innovation is a powerful driver of effective competition and can help to accelerate the development of new solutions to emerging challenges.
07/17/2020
National regulators have been urged to step up to protect users’ privacy.
07/17/2020
The cantons and the business circles concerned have welcomed the conclusion of the protocol of amendment.
07/17/2020
It is also testament to our standing among offsore law firms in this practice area that Keith and I were chosen to provide both chapters for the Channel Islands and Bernadette was selected to do the same for the Cayman Islands.
07/17/2020
Rishi Sunak will be looking at what is necessary, but also what is palatable to his party and what can be legislated for and implemented in good time.
07/17/2020
Moving into the heart of the City of London represents our long-term commitment beyond COVID-19 to retaining an office base in what is an incredibly important financial centre to the Firm.
07/17/2020
The aim of the recommendation is to provide guidance to Member States on how to set conditions to financial support that prevent the misuse of public funds and to strengthen safeguards
07/17/2020
Strong governance is undoubtedly in the fund industry’s best interest; few would argue otherwise.
07/17/2020
The commissioner received 205 complaints against the FCA in the year 2019/20, 29 of which alleged it had failed to regulate the financial services industry properly.
07/17/2020
This work involves making statutory instruments (SIs) under the European Union (Withdrawal) Act to prevent, remedy or mitigate any failure of EU law to operate effectively after the UK leaves the EU.
07/16/2020
M&A rumours make for good gossip but lenders are better off focusing on self-improvement