03/24/2025
FCA suspends Hargreaves Lansdown shares from trading ahead of delisting
The consortium, made up of CVC, Nordic Capital and an Abu Dhabi Investment Authority subsidiary Platinum Ivy, previously had two bids rejected.
Legal, Regulation & Compliance
03/21/2025
The digital euro: maintaining the autonomy of the monetary system
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, University College Cork Economics Society Conference 2025
03/21/2025
Expanding to the UK? Avoid the top 5 regulatory pitfalls
Many overseas firms assume UK regulations will be similar to those in the U.S. or Europe, only to discover key differences too late.
03/20/2025
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spending
03/20/2025
Chancellor’s National Wealth Fund to deliver growth and boost security
Chancellor sets new strategy for National Wealth Fund to reflect our Plan for Change, unlocking billions of pounds of private investment into the UK.
03/20/2025
UK jobs market holds steady in final economic snapshot before BoE rate decision
The Bank of England will have a rather treacherous path to navigate in the coming months.
03/20/2025
ESMA and Bank of England conclude a revised MoU in respect of UKbased CCPs under EMIR
This action follows the recent European Commission decision to extend the equivalence for the UK CCPs for a period of three years until 30 June 2028
03/20/2025
First FCA enforcement action and fine against a Recognised Investment Exchange
The FCA acknowledges the work undertaken by LME since March 2022 to enhance and strengthen its controls.
03/20/2025
Reaction as Bank of England holds interest rates at 4.5%
The bank has a very challenging economic environment, with growth having slowed but inflation pressures remaining elevated.
03/19/2025
A&O Shearman advises joint lead managers on U.S. supranational bond issuance under Luxembourg law
This transaction aligns with the growing trend of issuing digital bonds and marks the second supranational digital bond issuance by Multilateral development bank (MDB) IADB.
03/19/2025
BlackRock drops sustainability-related terms from 56 funds ahead of ESMA deadline
Fellow US manager Federated Hermes also adjusts names, exclusions for ESG, SDG and biodiversity funds.
03/18/2025
FCA declines Zeux Limited’s crypto registration citing significant risk of harm
The application, submitted in June 2022, showed that the firm had failed to implement anti-money laundering controls and carry out effective risk management.
03/18/2025
Bank of England statement on the European Securities and Markets Authority’s decision regarding EU recognition of UK central counterparties
The Bank of England welcomes the decision of the European Securities and Markets Authority to extend the existing EU recognition of UK central counterparties.
03/17/2025
ABN Amro faces potential fine from Dutch Central Bank over bonuses
Additionally, executive compensation at these banks cannot increase faster than wages set by the industry-wide banking collective labor agreement.
03/17/2025
FCA bans and fines Crispin Odey £1.8m
The founder of Odey Asset Management has been fined and banned for showing ‘reckless disregard’ for governance.
03/14/2025
Fifth individual charged over suspected water investment scam
John Dobbs will appear before Southwark Crown Court on 25 March 2025.
03/14/2025
FINMA approves 1,500 trustee, portfolio manager licences to date
It received more than half of the applications in the last four months of the three-year transitional period
03/14/2025
Singapore Tightens Employer of Record (EOR) Regulations: What Overseas Employers Need to Know
Companies expanding into Singapore must now establish a local entity or explore alternative employment solutions.
03/13/2025
Statement from Nikhil Rathi, Chief Executive of the FCA, in response to the Government’s announcement on the future of the Payment Systems Regulator
Doing so is a natural next step following recent work to improve co-ordination and clarity on regulatory responsibilities.
03/13/2025
New PFS guidance consolidates resources for Consumer Duty compliance
These include the use of software systems to document client reviews, AI to transcribe meetings, and the adoption of robust Customer Relationship Management systems.