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Legal, Regulation & Compliance

12/21/2023

Proposed new rules to encourage companies to list in the UK and other market improvements set out by financial watchdog

The FCA is suggesting disclosures for significant transactions while keeping sponsor scrutiny of related party transactions, rather than the current mandatory votes.

12/21/2023

IA's Karis Stander: Industry has to 'drive forward' on diversity in wake of Crispin Odey scandal

Data headwinds

12/20/2023

Proof of value a key challenge for firms as industry shifts focus to consumer

Outlook for 2024

12/20/2023

Cyber resilience good practice for firms

Cyber resilience is a top priority for us, the Bank and PRA.

12/20/2023

BoE's newest rate-setter Breeden warns further tightening cannot be ruled out

Important for policy to remain 'restrictive'

12/20/2023

EIB Group and BNP Paribas sign new securitisation transaction to support French small businesses and mid-caps

The securitisation transaction has been structured to achieve optimal risk-weighted asset relief over the next five years

12/20/2023

The Swiss Advantage: Why choose Switzerland for your next FDI venture

From company formation to tax filing and payroll services, IQ-EQ Switzerland offers a complete suite of corporate administration services

12/19/2023

FCA responds to the Complaints Commissioner’s Final Report into Premier FX Limited

The failure of Premier FX caused serious worry for people who had entrusted it with their money.

12/19/2023

An increase in the current deposit coverage level of EUR 100,000 would have limited impact on financial stability and depositor protection, an EBA simulation shows

On the other hand, it would be costly and have a somewhat negative impact on moral hazard.

12/19/2023

GDPR cyber liability and compensation rights clarified by EU court

In its ruling, the CJEU also provided further clarification of the circumstances in which individuals may be eligible for compensation in the event their personal data is compromised in a cyber incident.

12/19/2023

Banks underpricing exposure to climate risks - ECB

The report follows three previous ECB/ESRB reports on climate risk and is part of the ECB’s broader response to climate change.

12/19/2023

Aegon UK signs Finance for Biodiversity Pledge

The Finance for Biodiversity Pledge commits signatories to undertake a number of actions

12/18/2023

The EBA publishes roadmap on the implementation of the EU Banking Package

The Banking Package also includes some innovations to the European prudential framework of credit institutions with a number of mandates for the EBA.

12/18/2023

The Border Target Operating Model – what it is and what it means for your business

The Border Target Operating Model (BTOM) is a document published by the UK Government, outlining the strategy and processes for how the UK’s border should be managed in the wake of the UK’s exit from the EU.

12/18/2023

PS18/23 – Margin requirements for non-centrally cleared derivatives: Amendments to BTS 2016/2251

PRA policy statement 18/23 ꞁ FCA policy statement 23/19

12/18/2023

abrdn cuts employee benefits to reduce costs

Redundancy payments and parental leave

12/18/2023

Unlicensed Zurich IAM accused of fraud

Wetzikon-based Zwide has been accused of copying an independent asset manager in Germany.

12/15/2023

FCA welcomes the launch of industry code of conduct for ESG ratings and data products providers

The code launched will provide a benchmark for any providers that fall outside the scope of potential future regulation.

12/15/2023

Woodford investors give compensation scheme the go-ahead

Provisional numbers released after the meeting showed 93.7 per cent of investors backed the proposals.

12/15/2023

BoE holds rates and doubles down on hawkish stance

Investors have been pricing in several reductions throughout next year, but the Bank has today doubled down on its ‘higher for longer’ narrative

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