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.
Legal, Regulation & Compliance
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.
06/30/2023
How will UK/EU financial services agreement impact advice firms?
MoU ‘is a welcome commitment from both sides’
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