06/30/2023
How will UK/EU financial services agreement impact advice firms?
MoU ‘is a welcome commitment from both sides’
Legal, Regulation & Compliance
06/30/2023
FCA widens retail and pensions access to Long Term Asset Funds
The FCA has set out new rules to give retail investors and more defined contribution pension schemes access to Long Term Asset Funds
06/30/2023
FCA outlines concerns about sustainability-linked loans market
The Chancellor has also asked us to have regard to the government's ambitions for the provision of sustainable finance.
06/30/2023
Legislation to implement EU public CbC reporting directive enacted
After the lower house of parliament had consented to the new rules on 11 May 2023, the upper house of parliament approved the law on 16 June 2023.
06/30/2023
COCETA - CECOP - CICOPA: International Day of Cooperatives
Cooperatives provide answers to many current and future challenges that the world of work and communities are facing
06/30/2023
From sustainability to simplification: latest funds regulations in Ireland and the EU
Fund administration and asset managers need a thorough understanding of these regulations and their implications if they are to navigate the complex regulatory environment and achieve their business goals while also complying with legal requirements.
06/30/2023
LTAF retail extension receives mixed reaction as platforms weigh challenges
'What has changed?'
06/29/2023
PSD3: The European Union unveils new open banking rules
The new package of measures will have far-reaching consequences for banks
06/29/2023
EC publishes PSD3 proposals
In that time, there has been a consistent rise in the use of electronic and digital payments within the EU, a trend accelerated by the Covid-19 pandemic.
06/29/2023
ECB to devise new balance sheet policy in 6-9 months
Euro zone lenders are sitting on 4 trillion euros of excess liquidity
06/29/2023
Pensions risk transfer: the endgame strategy
The trustees’ preferred destination may not be the right result for the sponsor and the members may have a different view again.
06/29/2023
Jersey Hemp considers legal action against UK and Jersey governments
This decision, which contradicts a legal opinion affirming the compliance of Jersey Hemp's products with relevant legislation, is a clear error in both law and judgment.
06/28/2023
Proposed legislation signals step change for major infrastructure projects in Wales
The Bill clearly uses the 2008 Planning Act, which already applies to certain projects in Wales, as a starting point for the proposed regime.
06/28/2023
IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd
These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific
06/28/2023
UK and EU pen deal on financial services cooperation
Equivalence is the process whereby the European Commission formally recognises that the regulatory or supervisory regime of a non-EU country is equivalent to the corresponding EU regime.
06/27/2023
Adviser Mark Abley pays £106k for poor pension transfer advice
He received a financial benefit of at least £60,000 for providing this advice.
06/27/2023
Addleshaw Goddard: Financial Services & Banking News
The Standards are designed to ensure that companies provide sustainability-related information alongside financial statements, in the same reporting package.
06/27/2023
FCA outlines BSPS enforcement work and outcomes
This means that advisers have shown a significant lack of competence in their advice.
06/27/2023
Helvetia counts small
The IFRS result after tax in the 2022 financial year under IFRS 17/9 was around CHF 480.2 million.
06/27/2023
Swiss regulators need to face up to Credit Suisse failures
As the country prepares for the challenge of supervising an enlarged UBS, rule changes are not the answer