07/18/2018
Deloitte resigns from Linklaters audit
PwC will take the Linklaters audit role
Legal, Regulation & Compliance
07/18/2018
CMA proposes major overhaul of £1.6trn investment consultancy sector
The investment consultancy market is dominated by three players, Aon Hewitt, Mercer and Willis Towers Watson.
07/17/2018
The Litigator’s Toolbox – Without Prejudice by Higgs & Johnson
The influence of public policy on encouraging persons to settle their disputes without resorting to litigation, is an important factor in the without prejudice rule as is the contractual element of the Rule.
07/17/2018
French central bank investigates UK fintech Brexit contigency plans
Many fintechs have already taken steps to achieve European authorisation, including star banking challenger Revolut which chose to apply for a licence in Lithuania before attempting an application in the UK.
07/17/2018
Pioneering listed law firm continues strong revenue and profit growth
Ward said the firm performed well across the board during the year
07/16/2018
First Abu Dhabi Bank sells Jordan business to Société Générale
All clients, employees and branches of NBAD Jordan will be transferred to the French lender over the coming months
07/16/2018
Barclays sued in £8bn 'lose-lose' loans storm by 14 councils including Manchester, Bristol and Leeds
Local authorities accusing the bank of fraud over loans to councils
07/16/2018
Sharp rise in number of super-rich prepared to invest £2m for UK visa
Applications for ‘golden visa’ increase by 46% in year despite government crackdown
07/16/2018
FCA tells platforms to keep tabs on advisers
Final rules for what will be required of platforms and advisers who use fund supermarkets will be produced at the start of next year but to improve outcomes for orphan clients
07/16/2018
City watchdog to reform £500bn investment platform industry
The FCA has found that competition is not working as well as it should do for some consumers.
07/16/2018
Law Society signs Brewin Dolphin as wealth management partner
The new partnership, due to start in September 2018, will allow Brewin Dolphin to position itself exclusively as the Law Society of Scotland’s wealth management partner. T
07/16/2018
Firms set to face corporate governance overhaul
A UK Corporate Governance Code that is fit for the future
07/13/2018
Interest rate benchmark reform: transition to a world without LIBOR
Speech by Andrew Bailey, Chief Executive of the FCA, at Bloomberg, London - on transitioning from LIBOR to alternative interest rate benchmarks.
07/13/2018
ESMA Sets Out Plan for Systematic Internaliser Regime Calculations and Publications
ESMA will publish results only if trading venues have submitted data for at least 95% of all trading days and will not trigger publication if the quality of the data received for an instrument is not considered sufficient.
07/13/2018
Mifid II and the fight against financial crime
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018.
07/13/2018
EU securities regulator probes pricing of stock data
Should stock exchanges profit from securities data?
07/13/2018
FCA’s Mark Steward highlights changes brought by MiFID II
The additional data has identified some anomalies pointing to individuals executing transactions who were apparently born in 1900.
07/13/2018
PRA statement on systemic risk buffers and Pillar 2A in stress test hurdle rates
The PRA has previously set out its expectations for firms’ stress test analysis in their ICAAP. T
07/13/2018
ESMA Reminds UK-Based Regulated Entities About Timely Submission of Authorisation Applications
On 30 March 2019, firms must have a fully authorised legal entity located in the EU27 to continue providing services in the EU27.
07/13/2018
Ex-Barclays Euribor trader Moryoussef convicted in absentia in Britain
Three of his co-defendants, however, face a possible retrial.