07/07/2023
Net Zero Insurance Alliance relaxes membership rules
The relaxation in the membership rules for the group come after at least seven high profile insurance firms quit the group in May
Legal, Regulation & Compliance
07/07/2023
Addleshaw Goddard: Financial Services & Banking News
The Core Principles are universally applicable and set the de facto minimum standards for the sound prudential regulation and supervision of banks and banking systems.
07/06/2023
Financial regulator sets out further reforms to improve markets and bolster competitiveness
The FCA is proposing a CT first for bonds, where the UK has a leading global market, followed by equities.
07/06/2023
Asset managers told to review liquidity management in funds
Poor liquidity management can bring with it serious risks for investors and to wider market stability.
07/06/2023
HMRC launches letter-writing campaign to resolve NI records error
An update on the figures is expected to be included in the DWP’s imminent 2023 annual report.
07/06/2023
Taking a closer look at the new Markets in Crypto-Assets Regulation
This comprehensive Regulation aims to safeguard investors, promote financial stability, and cultivate innovation.
07/05/2023
Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank
In 2021, Linde and Renaissance Heavy Industries signed an engineering, procurement and construction (EPC) contract with Gazprom and its partners for the Ust-Luga gas complex.
07/05/2023
FCA confirms investigations into Crispin Odey and Odey Asset Management
Since mid-2021
07/05/2023
Baker McKenzie legal advisor to Nordea and Pareto in Re:NewCell’s directed new share issue of SEK 240 million
A number of Swedish and international institutional investors participated in the share issue, including existing shareholders.
07/04/2023
FCA warns insurers about support provided to struggling customers
The regulator discovered instances of motor insurance customers being offered a price lower than their car’s fair market value after it had been written off, which is against FCA rules.
07/04/2023
Ethos backs lawsuit against Credit Suisse takeover price
The lawsuit, led by LegalPass, seeks compensation for Credit Suisse shareholders over the mispricing of the company during the UBS takeover.
07/04/2023
Financial Services and Banking News
The Committee will also explore whether SMEs have adequate access to a complaints procedure for disputes with banks or lenders
07/04/2023
Who wants to be a millionaire? Inheritance disputes in the UK in the age of the Great Wealth Transfer
With the national conversation dominated by the cost-of-living crisis, generational wealth is under the spotlight.
07/04/2023
JP Morgan AM's Karen Ward: Bank of England 'should not be blamed' for rate rises
It had 'no choice'
07/03/2023
Thomas Gottstein Said to Be Target of Finma Probe
When Thomas Gottstein took over from Tidjane Thiam in February 2020
07/03/2023
Barclays seeks to stop being corporate banker to Odey Asset Management: FT
Citing people familiar with the matter, the FT said on Sunday Barclays had told British markets regulator the Financial Conduct Authority it wants to extricate itself from OAM, joining other financial firms which have sought to cut links.
07/03/2023
FCA enable firms to provide mortgage breathing space
Both can now be offered without an affordability check.
07/03/2023
UK Chancellor to sign financial services agreement with EU
Jeremy Hunt, Chancellor of the Exchequer, will sign an agreement on financial services cooperation
07/03/2023
CMA bares its teeth again with Adobe's deal for Figma
As the tech industry has matured, regulators are responding by being a lot pickier with the deals they will approve.
07/03/2023
Addleshaw Goddard: Financial Services & Banking News
The PRA states it wants to have an open dialogue with all stakeholders to inform its approach.