08/13/2020
The agency has been looking over the reports for offenses including falsification of accounts, fraud, embezzlement, market manipulation and insider trading, and says it is re-examining the evidence in light of new information.
08/13/2020
The FCA expects all companies to have contingency plans to deal with major events and that these plans have been properly tested.
08/13/2020
FCA will continue to review client money balances
08/12/2020
The changes will be particularly significant for banks that currently fall within the PRA/FCA's Proportionality Level Three.
08/12/2020
Covid-19: PRA 'Dear CEO' letter on suspension of guidance levels on fixed rate lending limits for non-systemic building societies
08/12/2020
At all times, the employer will need to weigh up the competing requirements of the regulatory and employment regimes in Jersey.
08/12/2020
This new position is the result of a detailed eligibility assessment of loans by the CSSF, and reflects discussions held at ESMA level as well as the regulatory practices of other EU Member States.
08/12/2020
FIAU says remedial action being undertaken by bank at the time of review
08/12/2020
Two other supervisory organisations were granted licences in July.
08/12/2020
The bank allegedly maintained a network of offshore firms with accounts in the Baltic region.
08/12/2020
HMRC took the view that All Answers sold the essay-writing service as principal and was therefore liable to account for output tax on the full fee charged to students.
08/12/2020
Market participants warn the move could starve investors of a key revenue source, and that a blanket ban could unnecessarily punish better-capitalized banks, pushing up cost of capital.
08/11/2020
UK regulator says that cases are not ‘solely confined to concerns about potential misconduct’
08/11/2020
The BoE will enable enhanced data to be sent and received during the first half of 2023
08/11/2020
The documents are not a new set of SRB policies, but rather a guide to help banks ensure the required preparation for bail-in application during the resolution planning phase and to fulfil the SRB Expectations for Banks, which is to ensure resolvability.
08/11/2020
Law will empower Asset Recovery Bureau to confiscate assets acquired through criminal means without criminal conviction
08/11/2020
The case was referred to the police by the FCA after the regulator became suspicious of HBFS’ bank accounts.
08/11/2020
We frequently state that Guernsey is a great place to live and to do business.
08/11/2020
Media reports have linked the bank to criminal activity.
08/10/2020
The UK’s data and privacy watchdog said a formal probe is ongoing, but could not say when it may conclude.