02/05/2024
'Pimfa: We strongly support the FCA's working group on sustainability rules'
This regime hopes to play a key role in increasing consumer trust in the market for sustainable investments.
Legal, Regulation & Compliance
02/05/2024
Square Mile suspends two Jupiter fund ratings amid Whitmore and Murphy exit
Three BNY Mellon funds lose ratings
02/02/2024
European bank recovery stumbles as BNP Paribas and ING dim outlook
"From that point of view, 2024 won't be very favourable for us," Bonnafe told reporters.
02/02/2024
National minimum wage compliance traps for businesses in 2024
Compliance with the NMW regulations can often be complex - compliance extends far beyond ensuring that at least the headline rate is paid.
02/02/2024
FINMA provides information about the status of the approval process and supervision of asset managers
It also provides information about the new approach to the thresholds for the commercial activity of trustees.
02/02/2024
Investigators are searching the DWS again
Uninvited visit – once again. The Frankfurt public prosecutor's office appears at the asset manager's premises for the third time because of the greenwashing scandal.
02/02/2024
Addleshaw Goddard: Financial Services & Banking News
This joint report expands on these findings, as well as highlighting the inherent opportunities, risks, regulatory and supervisory challenges associated with these activities.
02/01/2024
Gresham House Energy Storage scraps Q4 dividend and outlines share buyback plans
Dividend target and policy under review
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.