06/19/2023
Home REIT shareholder calls for FCA probe into 'campaign of misinformation'
The Boatman Capital
Legal, Regulation & Compliance
06/16/2023
ESMA launches Data Strategy for the next five years
Promote data-driven supervision – Enable cutting-edge, smart and effective data-driven supervision by joint developments and use of novel technologies;
06/16/2023
FCA proposes tougher rules for cryptoasset marketing
The rules will apply to ‘qualifying cryptoassets’
06/16/2023
Unlike Fed, ECB has a way to go before hitting pause on rate hikes
Germany is in recession, and growth across the Eurozone is weak
06/16/2023
Odey Special Situations suspended following 'sizeable' redemptions
The suspension is effective from 15 June and will continue "until such time as the directors consider it appropriate to lift it".
06/16/2023
BIS and Bank of England complete CBDC project
"We believe that Rosalind can make a significant contribution to how organisations across the globe are thinking about and engaging with the design of retail CBDC systems."
06/16/2023
Hogan Lovells advises Commerzbank AG on scrip dividend of Vonovia SE
The shareholders' meeting of Vonovia SE resolved a dividend payment of EUR 0.85 per share on 17 May 2023.
06/16/2023
Addleshaw Goddard LLP: Financial Services and Banking News
The PRA asks life insurance firms to consider the findings of its review
06/15/2023
Swiss Banking Underestimates Wealth Management Risk
They did this at the same time that Swiss members of parliament have been asking for a doubling of equity requirements while also weighing up possible total balance sheet size limits relative to Swiss GDP.
06/15/2023
UK banks urged to prepare for new APP fraud reimbursement rules
Under the proposed new rules, payment firms will have to reimburse most APP fraud victims within five business days and additional protections will be put in place for vulnerable customers.
06/15/2023
Employing UK citizens in Germany
This means that UK citizens must leave Germany after 90 days of stay, unless they can show a residence permit that allows them to remain in the Federal territory.
06/15/2023
Odey Asset Management plans funds, staff moves in fight for survival
Several major banks, which provided prime brokerage services, have said they would cut ties with Odey's firm.
06/15/2023
FCA imposes restrictions on 10 firms amid increased AR scrutiny
They also generated up to 400 per cent more supervisory cases and complaints than other directly authorised firms.
06/15/2023
Addleshaw Goddard: Financial Services & Banking News
The data covers the period between April 2022 and March 2023 and details the volume of complaints the FOS has received and the overall uphold rates.
06/15/2023
FCA restricts ten principals following introduction of tougher rules
Over last six months
06/15/2023
ECB meets expectations with 25bps hike
Highest since 2001
06/14/2023
Carey Olsen advises EG Group on £2.27 billion majority sale to ASDA
Carey Olsen advised the EG Group alongside onshore law firm Skadden, Arps, Slate, Meagher.
06/14/2023
Price and monetary policy transmission in a globalised economy − speech by Swati Dhingra
Given at Manchester Metropolitan University
06/14/2023
Three individuals face charges for unauthorised sale-and-rent-back schemes
Rent payments can go up during the tenancy and people may be evicted if they fall behind on payments.
06/14/2023
Statement following Upper Tribunal decision in case against 3 individuals
These were serious failings so it was clearly in the public interest for us to examine the conduct of the individuals who were most closely involved.