02/12/2024
GAP insurers agree to suspend sales following FCA concerns over fair value
The regulator will carry out a second tranche of engagement with the rest of the GAP market, with the aim of improving the value of the product across all firms.
Legal, Regulation & Compliance
02/12/2024
Addleshaw Goddard: Financial Services & Banking News
Currently, EU law requires listed companies to disclose information about social and environmental risks and opportunities.
02/09/2024
Blankstone Sington declared failed by FSCS following administration
The Liverpool DFM entered special administration in October 2023
02/09/2024
Mind the gap(s): Inflation data and prospects - speech by Catherine L. Mann
The latest data for headline inflation surprized to the downside relative to what we had expected in November.
02/09/2024
'Urgent reform' needed to improve performance of UK regulators
Some regulators are being overloaded with objectives, without clear guidance on how they should prioritise between them
02/09/2024
Woodford scheme of arrangement sanctioned by High Court
Appeal process open until 23 February
02/08/2024
Financial Services & Banking News
A steering committee will be launched in Spring 2024 to support and guide the activities of a formal regulator coordination structure within government.
02/08/2024
Auto-enrolment is 'incomplete', says pensions minister
"I like to see them thinking about the future but there is the risk of them slipping into worse poverty."
02/07/2024
EU legislators reach consensus on overseeing ESG ratings providers
Under the proposed regulation, ESG rating providers would fall under the European Securities and Markets Authority
02/07/2024
Former asset manager of Prince Albert of Monaco reveals internal affairs
According to media reports, other people close to the royal family also wanted to use their assets to finance apartments and other purchases.
02/07/2024
Ocorian expands global regulatory team with Bovill acquisition
Bovill’s team of 81 specialists, complementary services and global footprint will combine with Newgate, Ocorian’s existing regulatory and compliance business in the UK and Guernsey
02/07/2024
The UK listing regime - developments since the UK Listings Review and next steps for reform
The purring of powerful engines revving up to deliver speed and precision.
02/06/2024
OECD projects UK to suffer highest inflation rate among G7 economies
In 2024 and 2025
02/05/2024
Reform UK accepted donations from Crispin Odey despite sexual assault allegations
Disgraced financier gave the rightwing party £10,000 after investigation was published
02/05/2024
UK Bank Close Brothers Loses Third of Value Amid Market Probe
RBC cut Close Brothers to market perform — the equivalent of neutral — from outperform.
02/05/2024
'Pimfa: We strongly support the FCA's working group on sustainability rules'
This regime hopes to play a key role in increasing consumer trust in the market for sustainable investments.
02/05/2024
Square Mile suspends two Jupiter fund ratings amid Whitmore and Murphy exit
Three BNY Mellon funds lose ratings
02/02/2024
European bank recovery stumbles as BNP Paribas and ING dim outlook
"From that point of view, 2024 won't be very favourable for us," Bonnafe told reporters.
02/02/2024
National minimum wage compliance traps for businesses in 2024
Compliance with the NMW regulations can often be complex - compliance extends far beyond ensuring that at least the headline rate is paid.
02/02/2024
FINMA provides information about the status of the approval process and supervision of asset managers
It also provides information about the new approach to the thresholds for the commercial activity of trustees.