10/25/2024
FCA publishes results of non-financial misconduct survey
Healthy workplace cultures are essential across all the markets we regulate
Legal, Regulation & Compliance
10/24/2024
Flagship Government export initiative to be sponsored by Santander UK
Santander UK has committed to a three-year sponsorship of a programme of Department for Business and Trade (DBT) events.
10/24/2024
Eurex Clearing successfully participates in ECB trials for wholesale digital money pilot
The initiative, led by the European Central Bank (ECB), aims to explore the potential of distributed ledger technology (DLT) in enhancing financial market infrastructures.
10/24/2024
The EBA releases a first draft of the technical package for its 4.0 reporting framework
This publication aims to provide an early version of the 4.0 release given that its reporting obligations will apply as of the first half of 2025.
10/24/2024
The EBA clarifies the procedure for the classification of asset referenced tokens and e-money tokens as significant and the transfer of supervisory powers between the EBA and competent authorities
The Markets in Crypto Assets Regulation (MiCAR) sets out a new supervisory regime for ART and EMT issuers
10/24/2024
McGuireWoods London Earns High Rankings in Legal 500 UK
McGuireWoods once again earned nationwide rankings
10/24/2024
FOS sees 40% rise in complaints
The complaints were made against 242 businesses including banks, insurance and investment firms.
10/23/2024
FCA imposes restrictions on Business Agent Limited from regulated activities over 'Nextcrowd' failings
The move to restrict Business Agent Limited came on 22 July 2024, after our review exposed significant regulatory breaches.
10/23/2024
Weighing risks from US legal limbo to French debt and UK uncertainty
Not only from US elections, including the possibility of a contested outcome, but also from French debt concerns and the upcoming UK Budget.
10/22/2024
UK plans to ease ring-fencing regulations for banks to boost competitiveness
The current regulations, which require separation of retail and investment banking, were introduced to protect consumers following the 2007-09 financial crisis.
10/22/2024
The potential impact of the new UK Listing Rules on securities litigation
They represent a radical restructuring of the UK listing regime, with the aims of tackling the decline of the UK’s equity markets and making UK listed companies nimbler in international M&A processes.
10/22/2024
Flowbank Exposes Weaknesses in Asset Protection
Customer securities managed by Flowbank, while not part of the bank’s balance sheet, were expected to be transferred to another bank's custody relatively quickly.
10/22/2024
FCA cracks down on illegal finfluencers
The FCA also issued 38 alerts against social media accounts operated by finfluencers which may contain unlawful promotions.
10/22/2024
ESMA guidelines on funds’ names using ESG or sustainability-related terms
The obligations under the Guidelines apply to all fund documentation and marketing communications addressed to investors or potential investors for UCITS and AIFs, including when they are set up as EuVECAs, EuSEFs, ELTIFs and MMF.
10/21/2024
Baker & Partners maintains ranking in the 2025 Chambers & Partners UK Guide
This marks almost two decades of ranking in the guide and stands testament to our 20 years of litigation and dispute resolution practice.
10/21/2024
FCA welcomes buy now pay later consultation
BNPL can provide benefits for consumers by giving them more payment options and support merchants in selling their goods and services.
10/21/2024
Bank of Ireland warns businesses of new 'live chat' scam
Fraudsters are calling customers pretending to be from Bank of Ireland
10/18/2024
The European Supervisory Authorities share highlights from the 2024 Joint Consumer Protection Day in Budapest
Panellists emphasised the need to better understand the technology to assess how those risks can be mitigated.
10/18/2024
ECB confirms first back-to-back interest rate cut in 13 years with 0.25% reduction
The European Central Bank has announced its first back-to-back interest rate cut in 13 years with another 0.25% reduction
10/18/2024
FCA responds to market review on delivering finance for global decarbonisation and UK growth
Transition finance remains a priority for us and we acknowledge the TFMR’s call for more communication on how we view its role within our wider work and regulation.