03/25/2020
It should be noted that if a person actually falls ill with COVID-19, they will likely fall within the express example given in the legislation of “sudden or life threatening illness”.
03/25/2020
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.
03/25/2020
In fluid situations, these conditions are hard to meet.
03/25/2020
GEORGE GALLOWAY launched into a scathing attack on the European Union over the decision to issue Italy with a £6.9million fine over subsidies in the middle of the coronavirus pandemic.
03/25/2020
To address the challenges many jurisdictions experience in trying to ensure ownership transparency, last October the FATF released a best practice paper offering guidance on measures countries should consider to facilitate access to beneficial ownership a
03/25/2020
They introduce new rules on investor engagement and investment strategy transparency for institutional investors and asset managers that invest on their behalf.
03/25/2020
Temporary cash flow relief may delay the emergence of credit losses but more marginal borrowers will struggle to recover from months of missed income.
03/25/2020
Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.
03/25/2020
The FCA, Bank of England and members of the Working Group on Sterling Risk-Free Reference Rates have discussed the impact of the coronavirus on firms’ LIBOR transition plans over the coming months.
03/25/2020
In a nutshell, the CCFF is commercial paper purchase programme designed for non-financial corporates to support them through the turbulence resulting from Covid-19.
03/25/2020
An FCA approved prospectus will usually be required for a rights issue, for both main market and AIM quoted companies
03/25/2020
Banks were expected to support all types of firms, not just those covered by BoE and government schemes rolled out so far, they added.
03/25/2020
The list includes companies that might be carrying out unauthorised or unsupervised wealth management and banking services
03/24/2020
The country has taken martial law-like measures to contain the spread of coronavirus
03/24/2020
Much may depend on whether Germany is willing to bail out Italy
03/24/2020
Swedbank last week said that it was monitoring the situation would evaluate the effects of the virus before taking a final decision on the dividend.
03/24/2020
The Committee is continuing to assess and address the banking and supervisory implications of Covid-19
03/24/2020
The basic rule is that an individual is treated as being in the United Kingdom on any day where they are in the United Kingdom at midnight at the end of that date, known as the ‘midnight rule’.
03/24/2020
The FCA continues closely to monitor market activity
03/24/2020
Due to the fast-moving nature of the government response to the outbreak, while this briefing is up to date as of 23 March 2020, there may have been further developments since then.