Financial Services UK Archive » April, 2021

Financial Services UK - April, 2021

200 articles

• Lifting US Sanctions On Iran Would Increase Financial Activity
• Treaty Requires Halving Dividend Tax, Indian Court Rules
• UK Finance Firms Warn Of Homeworking, Insider Threats
• UK Pension Freedoms Withdrawals Hit £45B After Reforms
• New Credit Suisse Boss Pledges Review, Risk Exec Exits
• Ex-BoA Banker's Injury Fight Can Continue In England
• UK Litigation Roundup: Here's What You Missed In London
• FCA Complaints Drop 26% As Misselling Claims Tail Off
• Russian Banks Don't Have To Pay $20M To Back Fraud Claims
• Carey Owner Eyes Top Court Appeal Of Pension Plan Ruling
• MPs Launch Inquiry On Climate Rules For Pension Plans
• FCA Proposes Relaxing Suspension Rules For SPAC Listings
• Revenue Rule Could Go To Top UK Court In $2B Cum-Ex Case
• Irish Banks Urged To Catch Up On Instant Payments
• German Watchdog Suspects Crypto Exchange Broke Rules
• Pension Watchdogs Eye More Investment Data From Schemes
• Replace Universal Credit With Earnings Insurance, Study Says
• UK Looks To Overhaul MiFID Research Rules For Small Firms
• FCA Plans Tougher Restrictions On Risky Investments
• Mishcon De Reya To Explore IPO On London Stock Exchange
• Lloyd's Insurers Fight £19M Suit For Overvalued Acquisition
• FCA Secures Bankruptcy To Refund £3.6M To Duped Investors
• Lifeboat Fund Warns Retirees Are Drawn To Riskier Products
• Irish Insurers To Compile Recovery Plans Under New Rules
• Finance Cos. Urged To Report Enviro Impact Of Investments
• Gov't Urged To Cut Automatic Pensions Enrollment Age To 18
• Credit Suisse, Others Fined €28M Over Bond Trading Cartel
• EU Parliament Ratifies Post-Brexit Trade Deal With UK
• US Wants $330M Held By Clyde & Co. In 1MDB Funds Fight
• Credit Suisse Faces Revived Claims Over Inverse VIX Crash
• Wyden Probes Credit Suisse Compliance With Tax Dodge Deal
• Developer Appeals To Avoid Fees For Ex-Lehman Banker
• CPS Fights For 1st Dibs On Fraud Proceeds At UK Top Court
• Taylor Wessing Sued Over Tax Advice To Oil Transport Family
• Police Sue Pension Unit Of Equiniti For £1M Over Data Breach
• Swiss Bank Migros to Pay Germany €2.4M Over Tax Evasion
• UK Targets 22 In First Use Of New Anti-Corruption Sanctions
• UBS Reveals $774M Hit From Archegos Default
• Denmark's £1.5B Cum-Ex Tax Fraud Suit Blocked In UK
• Louis Dreyfus Wins Ban On Bank's $11M Russian Suit
• Law Firm Cannot Avoid Insurer Suit Over Fraud Probe Costs
• Retiring Private Sector Workers Could Be Disadvantaged
• UK Student Loan Agency Sued Over Call Center Contract
• Irish Digital Firms Come Under AML Rules For First Time
• Payment Processor Settles €5.3M Suit With E-Money Provider
• Pensions Regulator Head Approved Despite Fears Of Conflict
• UK Litigation Roundup: Here's What You Missed In London
• 7 Questions For Paul Hastings' Jonathan Pickworth
• Car Insurer Denies Reaching £4M Deal For Fenchurch Advice
• Cyberattacks Concern Execs More Than Regulatory Risks
• Uphold $50B Yukos Awards, Dutch High Court Adviser Says
• Italian Police Bust Investment Scam Used To Launder €9.6M
• Promoters Fight Fraud Claims In FCA Care Home Scheme Suit
• FCA Warns Against Subprime Lender's Restructuring Plan
• Adviser Says Intra-EU Arbitral Awards Must Be Reviewable
• Louisiana To Settle Rest Of GSE Bond-Rigging Case
• Bitcoin 'Inventor' Claims Copyright Of Bitcoin White Paper
• UK Gov't-Backed Panel Sets New Rules On Digital Disputes
• UK Adds Home-Working Rules To Money Market Regulation
• Germany Should Adopt Financial Transaction Tax, Scholz Says
• Tory Donor Regains Access To 'Stolen' Email Cache
• Nationwide Hit With £1.3M Suit For 'Blocking' Property Sales
• EU Greenlights Sustainable Finance Reporting Rules
• 2 UK Steel Pension Advice Firms Declared In Default
• FCA Launches Criminal Case Against Mortgage Advisers
• UK Lawmakers Target Phony Green Investment Claims
• Swiss Probe Credit Suisse Over $4.7B Archegos Loss
• PetroSaudi Seeks Final Ax To Feds' $330M Forfeiture Suit
• Russian Can't Escape £65M Asset Freeze Over Ukrainian Bank
• Minister Defends 'Haircut' To Payouts For LC&F Investors
• Shearman & Sterling Nabs Allen & Overy Finance Partner
• Insurance Broker Sector To Study Workers' Mental Health
• Pensions Levelling After Court Ruling 'To Cost Plans £1.5B'
• Finance Firms Join Forum That Unites Green Finance Groups
• Balfour Beatty Fights Fund's £4.3M Fire Safety Spat
• Pensions Sector Calls For Clarity On Watchdog's New Powers
• Audit Sector Open To Carillion-Style Failure, Study Warns
• Top Arbitration Silk Leaves Essex Court For Brick Court
• Cayman Fund Seeks To Revive $2B Claim Over Madoff Losses
• FCA Eyes Rules For Marketing Financial Products Online
• Caesars Gets UK Court Approval For £2.9B William Hill Buyout
• Almost Half Of Firms Hit By Cyberattack In 2020, Report Says
• MPs Probe Lenders Over Small Biz Access To Bank Accounts
• Cameron, UK Regulators Face Grilling Over Greensill Collapse
• UK Launches Post-Brexit Review Of Bank Ring-Fencing Rules
• Investors Sue Credit Suisse Over Greensill, Archegos Fiascos
• Entrepreneur's $287M Bank Of Georgia Suit May Get The Chop
• Hotel Group Fights To Pin Apollo To €93M Funding Promise
• EU Listing Process Uses 'Objective Facts,' Panel Chief Says
• UK Gov't Plans £120M Compensation For LC&F Investors
• UBS Can't Use Privilege To Shield Freshfields Internal Probe
• FCA Executive Appointed Interim Chief Ombudsman
• Watchdogs Should Do More To Boost 'Regtech,' Study Finds
• UK Gov't Explores Potential Of Central Bank Digital Currency
• ABN Amro To Pay €480M To Settle Dutch AML Penalty
• Broker Cops To Laundering £1M For Fraud Scheme
• UK Litigation Roundup: Here's What You Missed In London
• FCA Bans Cypriot Firm Selling Risky Investments In UK
• Developer Can't Revive Lloyds Suit Over Misselling Review
• Wirecard Administrators Sell More Foreign Units Amid Scandal
• Markets Call On EU, UK To Link Emissions Trading Systems
• National Audit Office Launches Latest UK Probe Into Greensill
• Financial Standards Setter To Focus On Use Of AI
• Trade Body Warns Against Pensions Burden In Tax Shake-Up
• Brexit Pushes Finance Firms To Move £1T In Assets To EU
• Carey Pensions Owner Delays Results After Court Ruling
• Financial Sanctions Guidance Shows Subtle Policy Shift
• EBA Can't Issue Retail Banking Oversight Rules, ECJ Told
• Care Home Investment Operator Fights FCA Fraud Claims
• UK Watchdog Still 'Concerned' Over Investment Tech Merger
• EU Calls On Firms To Improve Data In Derivatives Reporting
• City Watchdog Bans Exec For Providing Unqualified Advice
• HSBC Beats £118M Stanford Bank Ponzi Scheme Claim
• PM Johnson Urged To Intervene Against Investment Scams
• Lloyd's Insurer Tokio Marine Drops Australia Coal Project
• MPs To Probe Greensill Loan Lobbying By Ex-PM Cameron
• Ex-Deutsche Traders Urge 2nd Circ. To Nix Libor Convictions
• Bank's South African Fight Against Reinsurers Limited By UK
• Advisers Sue For Fees After Wejo Turns To SPAC With Citi
• Law Firm Must Share Docs In £17M Brazil Deal Fight
• Ex-Yukos Investors Can't Get $50B Awards Stay Lifted In UK
• UK Regulators Urge Better Oversight Of Deposit Platforms
• UK Watchdogs Told To Bolster Pay And Reward Safeguards
• EU Bank Exec Says Digital Euro Could Take 'Several Years'
• Benchmark Administrator Launches Libor Replacement Index
• Pensions Portals Plan Moves Forward With Software Bidding
• FCA Aims To Use New Flexibility To Attract Global Investors
• UK Lenders Warned Over Post-Brexit Consumer Credit Rules
• UK Ruling Shows Tool For Taming Multijurisdictional Disputes
• EU Imposes New Sanctions On Iran Over Human Rights
• Pension Fraud Suspect Pleads Guilty In £14M Criminal Case
• Adviser Can't Overturn 6-Year Pension Fraud Sentence
• Fund Compensates Majority Of Failed Securities Co. Clients
• Carers Could Be Losing Out On Pension Credits, Experts Warn
• Tougher Loan Rules May Help Banks On Climate, Study Says
• Credit Suisse To Pay Out Another $1.7B In Greensill Funds
• Denmark Indicts 3 Americans, 3 Britons In Tax Fraud Case
• Pension Plan Funding Soars As UK Exits COVID Lockdown
• Latham-Led Cybersecurity Biz Darktrace Floats London IPO
• Wilmington Seeks Quick Win In Suit Over $16.2M Aircraft Debt
• Italian Cos. Urge CAT To Apply English Law In Swipe Fee Suits
• Ex-Trader Sues RBS For £1.1M In Unpaid Bonuses
• City Law Firm Beats Negligence Claim Over Mansion Advice
• Financial Firms Are Delaying Bereavement Work, Says Study
• Gov't To Investigate Cameron's Lobbying For Greensill Capital
• Pension Schemes Seek Judicial Review Over Price Index Plan
• Criminal Defense Firm Hires White Collar Crime Expert
• Gov't Urged To Rethink Hike In UK Minimum Pension Age
• Singapore's Competition Body Weighs $30B Aon-Willis Merger
• Swiss Court Says UBS Clients Can't Bar French Data Transfer
• Clydesdale Bank Beats Fraud Lawsuit Over Property Valuation
• UK Urges World Bank To Reject Coal, Oil Investments
• Banker Avoids Summons On Turkish Politician's Wife's Assets
• EU Sees Liquidity Concerns In Alternative Investment Funds
• Digital Growth Denies Elderly Access To Finance, Report Says
• UK Litigation Roundup: Here's What You Missed In London
• Energy Trader Denies It Lied To Prax Parent In £4M Loan Suit
• Charity Watchdog To Simplify Responsible Investment Guide
• Buy-To-Let Lender Sets Aside £20M For Potential Fraud
• Italian Police Bust €1B 'Mafia-Style' Tax Fraud Ring
• SFO Launches Criminal Probe Into Car Leasing Business
• Execs Sued By SEC No 'Mailroom' Underlings, 1st Circ. Says
• Firm Directors Fraudulently Ignored Duties, High Court Told
• UK Regulator To Deepen Supervision Of Accounting Giants
• Nomura Says Italian Law Doesn't Stop Sicily Swap Suit
• Greensill German Administrator Wins Asset Freeze In Australia
• Academics Seek Plan To Tackle Universities Pension Shortfall
• Women Could Be Owed £235M In Pensions, Ex-Minister Says
• Pensions Minister Urges Google To Crack Down On Scam Ads
• 2nd Circ. OKs Plaintiff Swap, Revives Post-Scandal Libor Suit
• French Court Cuts Criminal Tax Fine Against Latvian Bank
• Kuwaiti Businessman Denies £8M Owed In Family Dispute
• NY Police Pension Fund Drops Out Of Tesco Accounting Suit
• Consumers Behind Half Of Financial Ad Complaints To FCA
• Prepare For New Climate Rules, UK Pension Plans Told
• Broker Warns Of 'Zombie' Firms After COVID Support Ends
• Court Orders FCA To Start Compensating Fraud Case Victims
• Auto Co. Withheld Info During Loan Fight, Fund Says
• EU Watchdog Penalized 265 Firms In 2020 For Financial Fails
• Swiss Bank Settles $3.6M Balli Group Fraud Suit
• Standards Setter Urges Flexibility On Terminating COVID Help
• German Deposit Insurance Pays €2.7B To Greensill Customers
• Forged Drug Test Can't Derail Financier's Bankruptcy
• 'Wrong' Partner Claiming Child Benefit Risks Pensions
• Bank Of England Sets Out Rules For COVID Recovery Loans
• Credit Suisse Removes Top Execs After $4.7B Archegos Hit
• Quinn Emanuel, Robbins Geller Get $28M For SSA Bond Deals
• Barclays, Others Freed From La.'s GSE Bond-Rigging Case
• DPAs May Not Be Receiving Sufficient Judicial Scrutiny
• UK Litigation Roundup: Here's What You Missed In London
• FCA Investigating Over 40 AML Cases, Cites System Flaws
• Savills Calls HSBC Loans Reckless In Property Valuation Row
• Man Recovers Gold Bought Using Fake ID, Forged Documents
• Shearman Adds Insolvency Partner From Latham
• UK Extends Credit Card, Insurance Cancellation Rules
• Sicily Fights Bank's Claim In Interest Rate Swaps Suit
• EU Regulators Warn Banks To Expect Fall In Asset Quality
• COVID Pushes Up Ombudsman Complaints Caseload By 45%
• EU Plans To Speed Access To Instant Payments Across Bloc
• FCA Extends AML Reporting Rules To Crypto-Asset Firms