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Legal, Regulation & Compliance

08/23/2024

Asset Managers Split on Potential Impact of New FCA Rules on Investment Research

The survey aimed to gauge asset managers’ reaction to the final rules and to see whether the FCA’s changes to their initial proposals will change the industry response.

08/22/2024

Greater focus on pay equity and transparency under new Labour government

The infrastructure sector reported the biggest pay gap of 21.4%, when compared against the financial services, energy, manufacturing, universities and telecommunications sectors.

08/22/2024

FCA warns insurers over fair value and good customer outcomes

The Duty requires firms, including insurers, to ensure consumers are at the heart of their business and must act to deliver good outcomes for them.

08/22/2024

Greater focus on pay equity and transparency under new Labour government

The infrastructure sector reported the biggest pay gap of 21.4%, when compared against the financial services, energy, manufacturing, universities and telecommunications sectors.

08/21/2024

Charles Russell Speechlys advises Hudl UK, Limited on its acquisition of StatsBomb Services Limited

Hudl is a global leader in cloud-based solutions for video and data integration in the sports industry.

08/21/2024

FCA calls on insurers to ensure they demonstrate fair value and good customer outcomes

The regulator has also published its latest Value Measures Data (January – December 2023).

08/21/2024

Linklaters advises Carlyle on its majority acquisition of Seidor

The remaining 40% of Seidor will stay with the founding shareholders and executives.

08/20/2024

Norton Rose Fulbright advises BNP Paribas Bank Polska and other lender on extension of Argon office loan

Its timeless and elegant appearance is made possible by its unique form, modern elevation and its “lighthouse” base devoid of glazing bars and impressively-lit at night.

08/20/2024

Unique regulatory challenges presented by overseas appointed representatives

One of the top level challenges for principal firms is the differences in culture and language

08/20/2024

FCA fines auditor for failing to flag fraud suspicions

This is the first time the FCA has fined an audit firm.

08/19/2024

Deutsche Bank's Postbank settlement rejected by plaintiffs - Reuters

Deutsche Bank’s settlement offer to shareholders that sued them for underpaying for the Postbank acquisition has been rejected by plaintiffs.

08/19/2024

Meier + Partner Vermögensverwaltung AG : BaFin orders cessation of unauthorised investment brokerage and advice

The company recommends that customers buy certain shares. It also offers to inform its customers about advantageous opportunities to sell these shares in the future.

08/19/2024

UniCredit doubts ECB’s right to restrict its business in Russia

This argument is given in the recently disclosed case materials on the website of the Court of Justice of the European Union.

08/19/2024

ECB harmonises rules for Eurosystem collateral management

Harmonisation marks step towards European capital markets union

08/16/2024

FCA censures auditor for failings in client asset reports

Client asset protection is a key part of maintaining market confidence, financial stability and consumer protection.

08/16/2024

PwC fined £15 million for failing to alert the FCA to suspected fraudulent activity at London Capital & Finance plc

This is the first time the FCA has fined an audit firm.

08/16/2024

Capital market regulation: Can the UK’s bold gamble steer it to success?

Proponents of the latest changes say easing the hurdles for companies – even in ways investors dislike – will pay off, writes Morningstar’s Lindsey Stewart

08/15/2024

FCA fines FXTB for unfair customer treatment practices

FXTB pressured customers to put their money at risk through CFD trading, even encouraging them to borrow money from friends or family in some cases.

08/15/2024

FCA fines and bans Martin Sarl for dishonest and reckless conduct

That was not allowed under the FCA’s Client Money rules, and these funds should have been kept separate.

08/15/2024

FCA fines Cypriot contract for differences firm over unauthorised advice

The regulator previously took action in 2020 to stop four Cypriot investment firms from continuing to offer high risk CFDs to UK investors

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