09/13/2023
German ministry begins 5G network component security review
The review will consider the use of components from ‘high risk’ suppliers, as classified by the European Commission in June 2023.
Legal, Regulation & Compliance
09/12/2023
Societe Generale and Brookfield partner to launch a EUR 10 billion private debt fund
The seed fund will focus on two strategies
09/12/2023
Spanish court rejects appeals to suspend banking tax payments
According to El Economista, the court reasoned that the banks would be able to recover the amount paid plus interest
09/12/2023
Crispin Odey removed as person with significant control of Odey AM
Companies House filings
09/12/2023
SJP partner firm blames 'copywriting error' for faulty tax guide
The guide said that parents could transfer assets to their child and benefit from their tax allowances.
09/12/2023
Carey Olsen pair named NextGen Leaders by eprivateclient
The NextGen Leaders list, which replaces eprivateclient's prestigious annual UK and UK Crown Dependencies Top 35 Under 35, recognises outstanding professionals working in the legal and finance sectors
09/11/2023
Barclays, Santander, Lloyds and Nationwide account customers issued warning
So if customers hold off making any big decisions it will make home ownership more affordable.
09/08/2023
Woodford investors could get £200m compensation in early 2024
Link Fund Solutions lays out the timetable for a final compensation programme for investors trapped in the Woodford Equity Income, subject to a likely December vote.
09/08/2023
Government struggles to boost productivity as over 50’s ‘back to work’ push yields lacklustre results
Just this week the government came under fire for its new plans to drive more people claiming sickness benefits back to work through a more stringent assessment process.
09/08/2023
Linklaters innovation efforts shortlisted at FT Europe Innovative Lawyer Awards 2023
The firm has also been shortlisted alongside its collaborators for the “Rule 39 Initiative
09/08/2023
FCA issues new guidance on UK DB pension scheme transfers
The guidance also includes several examples of good and bad consumer outcomes
09/07/2023
Nucleus nears Curtis Banks deal after competition watchdog withdraws
The CMA launched an inquiry into the merger in July to understand whether the merger could reduce the amount of competition.
09/07/2023
European WMs stumped by Mifid directives in sustainability assessments
Over half (57%) said that they do believe that it will improve investor outcomes, and 11% are not sure whether it will or not.
09/06/2023
FCA launches review of treatment of Politically Exposed Persons
The FCA will take prompt action if any significant deficiencies are identified in the arrangements of any firm assessed.
09/06/2023
DWP consultation on decumulation closes charting the future for pensions
Ultimately, the ideal approach should empower members to opt for lump sums, annuity purchases, drawdowns, or a blend of these.
09/06/2023
Addleshaw Goddard: Financial Services & Banking News
The research suggests this is because firms' use of personal data and algorithms is complex and opaque, making it difficult for anyone to understand.
09/05/2023
FSCS declares British Steel-linked advice firm in default
MLM Wealth Management officially failed on 2 September
09/05/2023
Dechert Moves London Headquarters
The development has a very low embodied carbon and material use impact and meets the 2030 LETI targets for commercial offices.
09/05/2023
Addleshaw Goddard: Financial Services & Banking News
The assessments provided by banks and building societies will be analysed, with the FCA aiming to publish an update later in Autumn 2023.
09/05/2023
The twilight of the financial ecosystems
With the measure, Helvetia is reacting to the “challenging environment” for Moneypark's business, as the St. Gallen insurer said on Tuesday.