02/21/2024
King Charles banknotes to enter circulation in June
They will be sold during the summer at auctioneers Spink & Son.
Legal, Regulation & Compliance
02/20/2024
Guy Flintham pleads guilty to fraud
He falsified documents in order to support some of his claims.
02/20/2024
Linklaters advises Armen on its investment in Jolt Capital
With the strategic and operational support of Armen and its range of services designed to support its portfolio companies, Jolt Capital will be able to expand its action, not only in Europe, but also in North America and Asia.
02/19/2024
Convicted illegal money lender imprisoned for failing to pay confiscation order
The judge warned him that he could serve up to 11 years in prison if he failed to pay.
02/19/2024
FCA secures bankruptcy of Avacade directors
The Official Receiver (or a Trustee in Bankruptcy) will investigate the financial affairs of the bankrupts and administer their estates.
02/19/2024
The digital euro after the investigation phase: Demystifying fears about bank disintermediation
This column focuses on the debate around the impact of a digital euro on bank funding since the announcement of the likely design features and the European Commission published its draft regulation on a digital euro.
02/19/2024
UBS's response to the lawsuit delivered to our law firm
This comprises almost 150 pages plus extensive appendices.
02/16/2024
UK Director Verification Measures Target Financial Fraud
A transition period will be implemented for companies already on the register to comply with the new requirements, after which criminal sanctions or civil penalties may apply.
02/16/2024
Goldman Sachs analyst found guilty of insider dealing and fraud
The total profit generated from trading in these stocks was approximately £140,486.
02/16/2024
Addleshaw Goddard Financial Services & Banking News
The FCA confirms that, in 2023, it continued to increase intervention activity in response to poor financial promotions compliance.
02/16/2024
Mohammed Zina found guilty of insider dealing and fraud
He will be sentenced on Friday 16 February at 10am.
02/16/2024
Mark Branson's Bafin threatens Deutsche Bank
However, the financial institution has now admitted that the improvements to the monitoring systems required by Bafin have only been partially completed.
02/15/2024
FCA stops thousands of misleading ads and promotions
The FCA also published 2,285 alerts to help prevent consumers from losing their money to scams, up from 1,800 in 2022.
02/15/2024
Sompo International secures primary insurance licence in France
The granting of the French primary insurance license not only supports the company’s strategic expansion but further strengthens our position in Continental Europe.
02/14/2024
Appleby shortlisted for Chambers Europe Awards 2024
The awards recognise a law firm’s pre-eminence in key jurisdictions across Europe and also reflect achievements over the past 12 months including outstanding work, impressive strategic growth and excellence in client service.
02/14/2024
Financial Services & Banking News
The LSB intends to publish shortly a timetable setting out how it will take forward and sequence these initiatives.
02/14/2024
Aviva to pay client's tax bill after pension error
In an email seen by FT Adviser, the client was told that the “professionals” advising them “should have known” they are not eligible for an early retirement pension on the basis of the available information.
02/14/2024
Regulator to stress test UK life insurers on reinsurance exposures
Insurers are entering into transactions to pass on a slice of their liabilities
02/13/2024
Changes to FCA rules: Navigating Financial Promotions in 2024
Effective from 7th February 2024
02/13/2024
EU seeks to clarify boundaries of cryptoasset regulation
ESMA is consulting on new guidelines which aim to shed light on key questions relating to MiCA’s scope and has also published guidance regarding transitional measures.