04/10/2024
New way of paying for investment research proposed by the financial regulator
Now the FCA has proposed giving asset managers greater freedom in how they pay for research, supporting their investment decisions.
Legal, Regulation & Compliance
04/09/2024
IMF warns $2trn 'opaque' private credit sector could amplify financial vulnerabilities
Concerns over semi-liquid fund growth
04/08/2024
Santander product changes ‘step in the right direction’
Albion Financial Advice director, Dariusz Karpowicz said raising LTV limits on large loans and tweaking its affordability calculator showed a keenness to lend more freely.
04/05/2024
The UK payments landscape: 2024 and beyond
This review considers the digital payments landscape and provides recommendations to the Government with regards to the future of payments in the UK.
04/05/2024
FCA secures £1.6m for investors from alleged unlawful investment schemes
The settlement agreed by the FCA was intended to prevent all of AWL/Mr Willis’ remaining assets from being used up to meet the ongoing legal and living costs.
04/05/2024
The latest changes impacting employers with UK employees
The changes are designed to encourage employers to take a proactive approach to preventing sexual harassment in the workplace.
04/05/2024
FCA to reclaim £1.6m for investors in unlawful investment scheme
Argento Wealth and Daniel Willis
04/05/2024
Eight-in-ten UK executives plan price hikes before 2026
Now, the country’s energy price cap is set to fall by 12.3% as it enters the second quarter of 2024 – and it could fall further later in the year.
04/05/2024
HMRC advises delaying taking benefits until LTA rules fixed
The legislation to abolish the lifetime allowance was being pushed through in quick timescales
04/05/2024
Major changes for UK GAAP
Amendments will affect both micro-entities adopting FRS 105
04/05/2024
AML within wealth and asset management – major questions resolved
AI streamlines the detection of irregularities, not only bolstering a firm’s efforts in thwarting financial crimes but also significantly enhancing operational efficiency.
04/04/2024
PKB Privatbank SA convicted for corporate liability in connection with aggravated money laundering
The same bank official ensured maximum flexibility for the ODEBRECHT client
04/04/2024
FOS expects to receive 210,000 complaints in 2024/25
In order to combat the increased workload, the FOS will be recruiting more handlers.
04/04/2024
CS downfall: Finma's letter to the court infuriates investors
A letter from the authority has now been leaked to the media.
04/04/2024
CBAM boss: The FCA presumes bespoke is costly but it’s not
While some wealth managers choose to focus on their MPS teams, Close Brothers CEO Eddy Reynolds believes bespoke can work for clients and advisers.
04/03/2024
SO FX Ltd in creditors’ voluntary liquidation
SO FX Ltd entered into a creditors’ voluntary liquidation on 25 November 2021 and Evelyn Partners was appointed as liquidator.
04/03/2024
Linklaters advises the Trustees of the De Beers UK Pension Scheme on an £870mn full buy-in with Pension Insurance Corporation plc
The transaction secures the pensions of 473 deferred members and 1,464 pensioner members of the Scheme, which is sponsored by De Beers UK Limited.
04/03/2024
Former asset manager and board member of a Geneva private bank referred to the Federal Criminal Court
The accused is charged with having, between 2009 and 2015, unduly disposed of more than CHF 14 million-worth assets in a bank account in Switzerland entrusted to him by a client.
04/03/2024
Ex-Geneva private bank board member charged with money laundering
The accused is also alleged to have unduly disposed of more than CHF 14m of assets without his client’s knowledge.
04/03/2024
Amsterdam team advises ABN AMRO Bank N.V.
The acquisition includes Inntel Hotels Rotterdam Center and the adjoining Mainport by Inntel Hotels