06/12/2020
This guidance does not place specific additional requirements on firms because of Covid-19, but the crisis underlines the need for all firms to have adequate resources in place and to assess how those needs may change in the future.
06/12/2020
ESMA’s statement(link is external) issued today recommends relevant Competent Authorities have regard to the risks raised by COVID-19 in relation to open access for exchange traded derivatives.
06/12/2020
The EFTA Surveillance Authority, in cooperation with ESMA, adopted a corresponding decision today, also effective as of 17 June, applicable to EEA EFTA States' markets
06/12/2020
Credit institutions are already subject to the EBA's outsourcing guidelines
06/12/2020
That has not stopped the UK proceeding with its digital services tax; but then, faced with post-Brexit trade negotiations with the US, the UK was never going to give away a playing card before that process truly gets going.
06/12/2020
The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.
06/12/2020
The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.
06/12/2020
It also specifies that the leeway it applies will be closely coordinated with national authorities, the ESAs as well as the European Central Bank.
06/12/2020
While the LIBOR transition presents market participants with unique challenges, many of the conduct-related risks, and the means of managing them, are not novel.
06/12/2020
Regulator says it failed to appoint appropriate directors and meet AML protocols
06/12/2020
Chartered Financial Planner and Discretionary Fund Manager join forces
06/12/2020
Lloyds said that all customers affected had already been contacted and reimbursed.
06/11/2020
The OECD said on Wednesday that the global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted recession.
06/11/2020
He stole money from employer and clients to fund gambling addiction
06/11/2020
The report notes a variety of market views across EU Member States in relation to NPPRs
06/11/2020
The new rules will come into force after parliamentary approval.
06/11/2020
The FSA has warned that as large institutions beef up their defenses, smaller banks are now particularly at risk.
06/11/2020
The metal eventually turned sideways when so-called risk assets bounced, but with gold holding up due to U.S. dollar weakness and low long-term real interest rates, Goldman said in a report Tuesday.
06/11/2020
Several rival insurers would likely be interested in either a swap or sale, including Swiss firms.
06/11/2020
"Everyone is encouraged to adopt an approach that works for them and their own personal circumstances which might make a return to office challenging at this time," he said.