02/01/2024
Gresham House Energy Storage scraps Q4 dividend and outlines share buyback plans
Dividend target and policy under review
Legal, Regulation & Compliance
02/01/2024
Federal Reserve holds rates steady as Jerome Powell dampens March cut hopes
Experts look to mid-year cuts
01/31/2024
Asset managers face uphill battle to make Eltifs a success
The proposed regulatory technical standards have the potential to derail the market.
01/31/2024
Muzinich launches global investment grade fixed income fund
“We are well positioned to take advantage of this changing market dynamic, utilising active credit selection as the primary driver of return.”
01/30/2024
Amanda Staveley launches new legal assault on Barclays
Ms Staveley stitched together an investment package for Barclays during the financial crisis but the bank ultimately opted to take investment from Qatar.
01/30/2024
Financial data from 53mn individuals involved in data breaches
Last year, the Pensions Ombudsman notified nearly 17,500 individuals about an investigation looking into a potential data breach.
01/30/2024
Hartley Pensions Limited enters administration
It also provides administration for a small number of Small Self-Administered Schemes (SSAS), regulated by the Pensions Regulator.
01/30/2024
The Bank of England's approach to enforcement
Policy statement 1/24
01/30/2024
Quarter of UK workers cancel insurance policies
Additionally, there was a similar increase in the number of people cutting back pension contributions for the same reason, rising from 4 per cent to 9 per cent.
01/30/2024
HSBC fined £57.4m for FSCS failings
The failings included a failure to accurately identify deposits that were eligible for Financial Services Compensation Scheme (FSCS) protection.
01/29/2024
Ownership of UK government bonds drops to lowest level since 1996
This translates to just 0.2% of the £2trn in gilts that are now in the hands of individuals in the UK.
01/29/2024
Addleshaw Goddard: Financial Services & Banking News
The Handbook Notice also contains a summary of the changes made, consultation feedback and the dates of forthcoming FCA board meetings.
01/26/2024
ECB holds for now but weakening economy could prompt move towards cuts
The ECB will also be keeping a watchful eye on the labour market in the coming months.
01/26/2024
Addleshaw Goddard: Financial Services & Banking News
The FSB will also prepare a further progress report on achieving consistent climate-related financial disclosures.
01/26/2024
Monetary policy decisions
The Governing Council is determined to ensure that inflation returns to its 2% medium-term target in a timely manner.
01/26/2024
Fos rules True Potential adviser persuaded pensioner to switch
The Financial Ombudsman Service has upheld a complaint against the company ruling it did not treat the pensioner in a “fair or reasonable” way.
01/25/2024
The problem of divergence in EU Foreign Investment review: will the proposed EU FDI Screening Regulation close the gaps?
This post details the key features of the reform to the Regulation, considers whether they address the issue of significant divergences between screening mechanisms, and highlights some of the main impacts that investors need to be aware of going forward.
01/25/2024
The EBA publishes its heatmap following scrutiny of the interest rate risk in the banking book
The heatmap discloses policy aspects that will be subject to further scrutiny, and corresponding actions in the short to medium and long term.
01/25/2024
The Real Time Gross Settlement service: an open platform to drive innovation - speech by Victoria Cleland
Victoria Cleland describes how the Bank of England is enhancing its core payments infrastructure and policies in the light of the opportunities arising from innovation and new technologies in the payment landscape.
01/24/2024
TLT completes acquisition for Aryza Group
Aryza is a global software and technology provider that specialises in delivering solutions for business across the credit and debt cycle.