10/30/2023
Bank of England expected to keep interest rates unchanged again
The base rate, which influences the interest that people pay on their mortgages, is widely expected to be kept at 5.25%, although markets see some chance that it could rise.
Legal, Regulation & Compliance
10/30/2023
TPR issues value for money warning to employers
“That can’t be right. Master trusts need to have the confidence that the market will allow them to compete in terms of value and returns.
10/30/2023
Digital 9 Infrastructure shareholder calls for strategic review by 3 November
Or EGM will be requisitioned
10/27/2023
Baker McKenzie legal advisor to Erik Penser Bank in divestment to Carnegie
The transaction is conditional upon receipt of customary regulatory clearances.
10/27/2023
Addleshaw Goddard: Financial Services & Banking News
The statement follows a change in legislation, in force from 8 October 2023, bringing cryptoasset promotions under the FCA remit.
10/27/2023
FCA decides against expanding access to FOS regime to 'larger' UK SMEs
The data suggests that the vast majority of small businesses can access the FOS should they need to.
10/26/2023
European Supervisory Authorities publish joint criteria on the independence of supervisory authorities
These authorities can in turn provide effective and adequate protection for customers and consumers of financial services ensuring confidence in the financial system.
10/26/2023
Carey Olsen named as a top offshore law firm by eprivateclient
Of the 42 offshore law firms to feature across three tiers, Carey Olsen has been placed in Tier 1 alongside seven other multi-jurisdictional law firms.
10/26/2023
ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority
The Board finds that the appeal case is admissible and suspends the ESMA Decision.
10/25/2023
Review of rules extending SME access to the Financial Ombudsman Service
Our assessment looked at whether changes needed to be made to allow larger SMEs access to the ombudsman service.
10/25/2023
Babbé also recognised in Legal 500 and C&P
The firm had its Banking & Finance team acknowledged for the first time with a Tier 2 Legal 500 ranking, with team members also praised.
10/25/2023
Following the UK Finance fraud report Quilter reveals its Halloween CORPSE scam avoidance framework
Louise Cockburn information security awareness and culture manager at Quilter, below talks through Quilter’s CORPSE scam framework
10/24/2023
International Tax Review recognizes Dentons among world's leading tax practices
The annual World Transfer Pricing directory is a part of the ITR group.
10/24/2023
Hogan Lovells advises Sartorius Group on a GBP 3.5 million investment in SPARTA Biodiscovery Ltd.
SPARTA Discovery's analysis platform helps to speed up the development, manufacture, and quality control of nanoparticles for biopharmaceutical drugs.
10/24/2023
UK firm declared in default in regard to pension advice
With FSCS receiving 14 claims
10/24/2023
EU and UK Regulatory Update for Fund Sponsors
Routes to marketing in Europe vary among sponsors.
10/23/2023
EBA and ESMA consult on two sets of joint guidelines under MiCA
The consultation runs until 22 January 2024.
10/23/2023
UBS Supports World's Oldest Bank
The commitments agreed to with European Union competition authorities as part of the 5.4 billion euro
10/23/2023
Dentons advises P3 Logistic Parks on acquisition of development asset in Emmen, the Netherlands
P3 has commercial activities in 11 countries and has been investing and developing in European markets for almost two decades.
10/23/2023
FCA warns firms as new cryptoassets financial promotion regime comes into force
The FCA said it expects firms to consider how risk summaries and appropriateness assessments should be tailored to the specific cryptoassets being promoted.