01/31/2019
Treasury in firing line in latest RBS lawsuit
The £100 million High Court action concerns the role played by the Asset Protection Agency, the government department that insured toxic loans by RBS.
Legal, Regulation & Compliance
01/31/2019
Building a regulatory framework for effective stewardship - FCA
This DP is relevant to FCA-regulated asset management firms and life insurers.
01/31/2019
Consultation on proposals to improve shareholder engagement - FCA
The Directive comes into effect in June 2019 and, assuming a transition period for EU Withdrawal is agreed
01/31/2019
Fiduciary Management: Improvement Through Competition? by Gowling WLG
The CMA describes itself as the UK's primary competition and consumer authority, with responsibility for carrying out investigations into, among other things, regulated industries, and enforcing competition and consumer law.
01/31/2019
Barclays' lawyers did not object to £322m fees paid to Qatar, court told
Bank’s legal team said to have ‘persuaded themselves’ that agreement in 2008 was lawful
01/31/2019
Significant Royal Court ruling for lenders and creditors in Jersey
Re Powell concerned how much a Tenant would have to pay, and for what, in order to be confirmed by the Court as the Tenant.
01/31/2019
No deal Brexit could see up to 250,000 British expats return to the UK
The Department for Work and Pensions has a more optimistic assessment of the likely influx and is projecting that around 50,000 expats would return home if there is no deal.
01/31/2019
Europe's fintech companies are preparing for a no-deal Brexit
Fintech firms are proactively applying for licenses in EU countries ahead of the Brexit deadline.
01/30/2019
Manchester Law Firm Opens London Office
The firm is also looking to acquire a London law firm to support its anticipated growth.
01/30/2019
Ex-Merrill Lynch VP Launches IFISA to Fund Individual Claims Against Banks and Companies
Investors will ultimately be assisting those who may have been wronged by banks, institutions or individuals
01/30/2019
Who's Who Legal Awards
Firm of the Year 2018: Hogan Lovells
01/29/2019
Steven Gerrard sues HSBC for £100m over tax schemes
Rangers manager Steven Gerrard is taking legal action against his wealth manager following a crack down on tax avoidance schemes.
01/29/2019
Accessing retail clients is a worry for UK firms post Brexit
Pimfa chief admits ‘the critical point for us is we want time’ after Brexit inquiry opens
01/29/2019
Changes to align the FCA Handbook with the EU Prospectus Regulation
It also applies to firms and persons who invest in or deal in transferable securities through public offers or regulated markets in the UK.
01/29/2019
CFA Institute to oversee fiduciary manager performance standard
The right language could make a single standard applicable globally even if regulatory requirements varied geographically, he said.
01/29/2019
New rules for UK retirement income products
It is also proposing that a consumers' pension investments not be defaulted in cash savings, unless the option is actively chosen by the consumer.
01/29/2019
Perspective starts year of purchases with Newcastle IFA
The firm’s managing director Alan Galloway retire after continuing to work with Perspective while clients are transitioned.
01/29/2019
Japan Adequacy Decision Adopted by the EU Commission
One of the circumstances where international transfers are permitted under the GDPR is where the EU Commission has passed an “adequacy decision” in relation to the country
01/29/2019
Happy Data Protection Day! GDPR, no deal Brexit and the Crown Dependencies
GDPR has brought awareness of privacy rights to the forefront of many businesses' agendas
01/28/2019
Serbia's AIK plans new bid for all of Slovenian Gorenjska Banka
The bid price was not disclosed but AIK last year offered to pay 298 euros per Gorenjska share