10/22/2024
FCA cracks down on illegal finfluencers
The FCA also issued 38 alerts against social media accounts operated by finfluencers which may contain unlawful promotions.
Legal, Regulation & Compliance
10/22/2024
ESMA guidelines on funds’ names using ESG or sustainability-related terms
The obligations under the Guidelines apply to all fund documentation and marketing communications addressed to investors or potential investors for UCITS and AIFs, including when they are set up as EuVECAs, EuSEFs, ELTIFs and MMF.
10/21/2024
Baker & Partners maintains ranking in the 2025 Chambers & Partners UK Guide
This marks almost two decades of ranking in the guide and stands testament to our 20 years of litigation and dispute resolution practice.
10/21/2024
FCA welcomes buy now pay later consultation
BNPL can provide benefits for consumers by giving them more payment options and support merchants in selling their goods and services.
10/21/2024
Bank of Ireland warns businesses of new 'live chat' scam
Fraudsters are calling customers pretending to be from Bank of Ireland
10/18/2024
The European Supervisory Authorities share highlights from the 2024 Joint Consumer Protection Day in Budapest
Panellists emphasised the need to better understand the technology to assess how those risks can be mitigated.
10/18/2024
ECB confirms first back-to-back interest rate cut in 13 years with 0.25% reduction
The European Central Bank has announced its first back-to-back interest rate cut in 13 years with another 0.25% reduction
10/18/2024
FCA responds to market review on delivering finance for global decarbonisation and UK growth
Transition finance remains a priority for us and we acknowledge the TFMR’s call for more communication on how we view its role within our wider work and regulation.
10/18/2024
ECB opens door to faster pace of cuts
President Christine Lagarde noted that ‘we will determine what is the best rate, what is the best speed, how far, how deep we have to go to return inflation to its 2% medium-term target.
10/18/2024
The Investment Association responds to FCA consultation on Value for Money Framework
The recognition by regulators of the need for this to change – clearly signalled again in the FCA consultation – is very welcome.
10/18/2024
FCA urged to learn from Value for Money funds regime
The IA urged the FCA to consider lessons on value assessment from other parts of the market
10/17/2024
FCA launches premium finance market study alongside new Government insurance taskforce
Premium finance allows people to pay for insurance in instalments.
10/17/2024
Carey Olsen confirmed as the leading offshore law firm by Chambers UK
Chambers and Partners is a leading legal directory that identifies, ranks, and differentiates the best talent in the legal industry worldwide.
10/16/2024
RSM and AJ Bell flag latest thoughts on 30 October UK Budget
UK Chancellor promises that there will be no return to austerity
10/16/2024
UK jobs market cools and wage growth slows as higher interest rates take a toll
While higher interest rates have begun to take a toll, there are still some signs of progress in this report.
10/16/2024
The Government Council determines the compensation for the BKB state guarantee for the next four years
This state guarantee is laid down in the law on the Basler Kantonalbank.
10/16/2024
What are the next big conduct challenges in retail banking and lending?
Given that retail banking firms consistently receive a substantial and growing proportion of complaints, it seems likely that the FCA will soon increase its scrutiny of the retail banking sector.
10/15/2024
UBS resolution reporting: recovery and emergency plans to be revised
FINMA is of the opinion that if the preferred restructuring strategy were to be applied, UBS could be resolved today by means of “single point of entry” recapitalisation.
10/15/2024
Stephenson Harwood advises on sale of Whitley Asset Management to Cazenove Capital
WAM manages assets of approximately £1.5 billion on behalf of ultra-high net worth entrepreneurs and charity clients.
10/15/2024
Shoosmiths advises Sovereign Centros from CBRE on major new lettings at Festival Place
Shoosmiths advised on all real estate aspects of the two transactions, with the firm’s deal team led by real estate principal associate Nicholas Dalgleish.