Financial Services UK Archive » September, 2024

Financial Services UK - September, 2024

201 articles

• Chancery Sidelines Squarespace Merger Doc Suit For Now
• German Lawyer Charged Over €428M Cum-Ex Fraud
• BoE Tells Banks To Assess Climate-Related Credit Risk Better
• Ex-Meghraj Boss Still Being Pursued Over £1.8M Pension Bill
• FCA Secures 1st Conviction Of Illegal Crypto ATM Operator
• FCA And BoE Launch Digital Securities Sandbox
• UK Urged To Help Tackle Global £420B "Fraudemic"
• Trustees Urged To Rethink Longevity Trends Over NHS Crisis
• Takeaways From SRA Consumer Protection Review
• FCA Efforts To Curb Misconduct Surge Behind The Scenes
• Santander, Skipton Beat Attempts To Reopen PPI Settlements
• OFSI Issues 1st Fine For Breach Of Ukraine-Tied Sanctions
• Watchdog Targets Underperforming Pension Schemes
• Ex-Linklaters Partner Loses Fight To Block Charge On Homes
• UK Litigation Roundup: Here's What You Missed In London
• StanChart Seeks Approval For Rate Change In Libor Test Case
• Annuity Buyers Encouraged To Shop Around For Best Deal
• Crypto-Biz Owner's 'Bitcoin Bank America' TM Refused In EU
• Reflecting On 12 Months Of The EU Foreign Subsidy Regime
• 'Positive' Pension Investing Said To Drive Saver Engagement
• Syrian Refugees' Terror Finance Case At Risk Over Costs
• Ex-Linklaters Pro Accused Of Lying To Dodge $25M Judgment
• Companies House Cracks Down On Misuse With New Powers
• FCA Chair Never Considered Resignation Over Whistleblowers
• FCA Plans New Measures On Non-Financial Misconduct
• EU Mulls Greater Protection For Pensions From Market Risk
• BoE Plans To Fast-Track Insurance Special Purpose Vehicles
• What Updated Guide Means For Jersey's Private Funds
• More Oversight On Professional Pension Trustees Expected
• FCA Accuses 3 Of £1.4M Fraudulent Investment Scheme
• FCA Unveils Customer Protections For Bust Payment Firms
• French Finance Minister Signals Higher Taxes On Rich
• HMRC Arrests 11 Suspected Of R&D Tax Fraud
• Crypto-Investors Can't Appeal Parts Of £10B Class Action
• Smaller UK Pension Deals Behind Record Numbers In 2024
• UniCredit To Base Bigger Commerzbank Stake On Benefits
• TSB Wins Early Round In £800M 'Mortgage Prisoners' Case
• UK Gov't Brings Forward New Laws To Fight Welfare Fraud
• PRA Sets Date For Final Package Of Solvency II Rules
• FCA Extends Deadline On Motor Finance Complaints
• Most UK Financial Firms Are Risk-Averse About New Tech
• Pension Trustees Urged To Look At Insurers' Carbon Targets
• Nasdaq, Deutsche Boerse Targeted In EU Antitrust Raids
• Half Of Local Gov't Pension Plans Have No Net-Zero Target
• The Road Ahead For Tokenized Investment Funds In The UK
• 7 Questions For Ashurst White-Collar Partner Judith Seddon
• FCA Chair Cleared Over Whistleblower Complaints Handling
• FCA Faults City Bodies' AML Policing As Inconsistent
• UK Insurers' Tax Contribution Hits Record High £18.5B
• Review Of EU Cross-Border Merger Regs' Impact On Irish Cos.
• UniCredit Boosts Commerzbank Stake To 21%, Eyes More
• UK Watchdog Thins Out Pension Plan Reporting Rules
• Finance Sector Seeks Regulatory Clarity As Challenges Loom
• Clifford Chance-Led BNP To Buy HSBC Unit In Germany
• BNP Paribas Plugging $5B Into Apollo-Backed Atlas
• EU Moves To Hike Ukraine Loan To €35B In Case US Pulls Out
• UK Litigation Roundup: Here's What You Missed In London
• Businessman Gets 18 Months In Prison For COVID Loan Fraud
• BoE Tells Small Banks To Choose Preferred Capital Regime
• Willkie Guides On African Banking Biz's SocGen Deal
• DLA Piper Boosts Corporate, Insurance Teams With 2 Partners
• Audit Watchdog Revises Actuarial Standard For Insurers
• Pension Savings Plans Warned Over 'Deflation Spiral' Risk
• EQT To Buy Indian Affordable Housing Finance Biz For $210M
• UK Fraud Reimbursement Plan Could Attract Organized Crime
• London Law Firm Fined For Breaching AML Rules
• Wiggin Scores 6-Person Sports Law Team From Walker Morris
• Lloyds Bank Beats Employees' Settled Hybrid Working Claims
• Gov't Urged To Push Collective Defined Benefit Pension Plans
• UK Issues Disclosure Exemptions For Investment Trusts
• AI Helping Rise In UK Insurance Fraud, Report Shows
• EU Wrong To Block Berlusconi's Bank Stake, Top Court Rules
• Close Brothers To Sell Wealth Manager To Oaktree For £200M
• City Presses For Strategy To Draw £7.7B In New Foreign Cash
• FCA Accuses 4 Of Textile Co. Pump-And-Dump Scheme
• Privinvest Says Missing Disclosure Made Fair Trial Impossible
• Dashboards Program To Use Gov't Login Service Details
• FCA Finds Largest Banks Challenged To Assess Fair Value
• Justices Say €450M RusChem Case Governed By English Law
• Danske Bank Ends French AML Probe With $7M Settlement
• Clearpay Defends Ending Westfield Deals Over Xmas Closures
• FCA Cash Access Rules For Banks Bite Early
• Investors' Losses Were Caused By Own Failures, Firm Says
• Competitiveness Outranks Climate In New EU Commission
• Ashurst Hires Fintech Pro From EY Law In London
• Crypto-Scam Victim's Loss Hands Tracing Lessons To Experts
• TLT Hires Banking Specialist From Squire Patton
• Syensqo Transfers $485M of Pension Risk To Pacific Life, RBC
• Freshfields-Led Warburg Pincus Sells IT Biz Shares For €153M
• Crypto-Fraud Victim Sues Lawyers Over 'Valueless Advice'
• BBC Must Face Bias Claims From Disabled Accountant
• Wealth Manager Brooks Macdonald To Buy Financial Planner
• Top UK Banks Push Payments Infrastructure Reform Plan
• Swiss Seize $15M From Bank For 'Serious' Market Violations
• DLA Guides Software Biz Netcall On €8.7M Acquisition
• French EU Commissioner Quits In Dispute With Von Der Leyen
• UK Banks Push BoE To Collaborate On Payments Innovation
• Finance Adviser City & Merchant Enters Liquidation After Ban
• White & Case-Led Fund Manager To Buy Citi Trust For £80M
• Kennedys Adds 2 Knowledge Management Pros In London
• Burford Capital Adds Chief Development Role In London
• A&O Shearman Hires Finance Pro From Latham In Paris
• 7 Million UK Private Sector Workers Facing Pensions Crisis
• UniCredit Launches €1.7B Share Buyback After Profit Gains
• A Look At UK, EU And US Cartel Enforcement Trends
• EU Actors Lobby Hard For Top Jobs in New Commission
• Kennedys Hires Cyber, AI Pro From Addleshaw In London
• Swiss Banks Want Sanctions Review Amid Geopolitical Risk
• Plane Leaser Avolon To Fly Away With Aircraft Fleet For $5B
• Transport Giants Bid To Ax $14B 'Guilt By Association' Claim
• HMRC Seeks Comments On Top-Up Tax Guidance
• High Court Sanctions £2.2B Deal For Network International
• EU Finance Ministers Boycott Hungary Meeting Over Russia
• UK Litigation Roundup: Here's What You Missed In London
• Freeths Hires McNulty As Pensions Director In London
• Testing The Limits Of English Courts' Pro-Arbitration Stance
• UK Pensions Lifeboat Sets £100M Levy Amid Calls For Change
• Shell Companies Shuttered By Court For £1.6M COVID Fraud
• UK Consumer Credit Firms Face New Reporting Requirements
• Retraining Offer No Reason For NCA Investigator To Quit
• Employment Firm GQ Littler Hires Pro From Baker McKenzie
• Pensions Watchdog To Focus More On Investment Strategies
• BNP Paribas Attempts To Prune London Banker's Claim
• UK Gov't Warned Over Pension Tax Changes In Budget
• Crypto-Scam Victim Can't Trace Lost £2M To Thai Exchange
• UK Watchdog Waters Down New Capital Rules For Banks
• Austrian Bank Can't Recover Licence Axed Over AML Controls
• What Green Claims Directive Proposal Means For Businesses
• Lloyd's Sued For $3.7M Over Cargo Ship Damaged In Ukraine
• EU Court Upholds Sanctions On Russian Clearinghouse
• Watchdog Warns Small Banks To Improve Lending Controls
• UK Gov't To Classify Cryptocurrency As Personal Property
• Solaris Sues Binance For €144M After Debit Card Deal Axed
• Oligarchs Fridman, Aven Fail To Ax Sanctions Reporting Rules
• Ex-PE Boss Denies Owing Fee For €150M Investment In Fund
• UK Pension Funding Surplus Dips £500M After BoE Rate Cut
• TV Property Developer Appears In Court On Fraud Charges
• Latham Hires Senior Tax Pro From Travers Smith In London
• TPG, Rosatom Seek To Bar Jailed Oligarch's $14B Fraud Claim
• V&E Launches New Dublin Office In Aviation Finance Push
• Crypto-Biz Loses 'Mara' TM Over Virtual Coin Services
• Local Gov't Audit Deadlines 'Necessary Step,' Watchdog Says
• White & Case Guides £100M Hedge Fund Deal For Spectator
• FCA Charges 1st Individual With Running Illegal Crypto-ATMs
• Investors Sue Broker For Assisting $129M Forex Fraud
• Ex-Barclays VP Loses Bid To Retry Lost Promotion Claim
• Paul Hastings Taps Capital Markets Pro From Davis Polk
• Brit Fights Fraud Extradition, Says He Is Protected Witness
• EU Should Loosen Merger Rules To Compete, Report Says
• Think Tank Sets Out UK Pension Reform For Self-Employed
• Barratt, Lloyds Bank Form £150M JV For UK Housing
• £43M Legal Bill Case Shows Courts' View On Exchange Rates
• Examining The EU's New Payments Services Package
• FCA Proposes Rules For Banks Delaying Suspicious Transfers
• Asset Manager Alpha Seals Guernsey Insurance Biz Buyout
• UK Crypto-Marketing Rules Risk Regulatory Overreach
• UK Litigation Roundup: Here's What You Missed In London
• FCA Fines, Bans 4 For 'Reckless' Pension Transfer Advice
• Magnate Can't Stop Sale Of Airline Shares In €50M Dispute
• Travers Smith Names Elmore As New Head Of Funds
• EU Gears Up For New Commission With A Plea: More Women
• Finance Co. Beats Would-Be CEO's Whistleblowing Claim
• UK Lags Globally In Pensions Allocation To Domestic Stocks
• UK Regulators Back Nationwide's £2.9B Deal For Virgin Money
• Examining The State Of Paccar Fixes After General Election
• City Task Force Calls For Shake-Up Of UK Capital Markets
• Companies Failing To Oversee Reps Properly, FCA Finds
• Pensions Campaigners Say Gov't Meeting 'Start Of Something'
• British Savers Urged To Track Down Lost Pension Pots
• Investors Claim £12.6M Bank Investment Started With A Lie
• FCA Boasts Accelerated Authorizations For Firms
• 'Act Now' On Dashboard Prep, Pensions Watchdog Warns
• Gov't Consults On Plans For Pension Market Consolidation
• EU Reports Signal Greenwashing Focus For Financial Sector
• Surge In Pension Deal Demand Expected In 2nd Half Of 2024
• Visa Boosts Consumer Protection In Bank Transfers
• FRC Warns Against Misuse Of Offsetting Financial Data
• CVC Raises €7.4B Of Capital In 1st Results After Listing
• FCA Tells Banks To Protect Customers From Being Debanked
• BNP Paribas Seeks To Move VietJet Litigation To UK
• Pension Pot Needs For 'Basic' Retirement Rose 60% In 3 Years
• Hausfeld Snaps Up Litigation Pro From Covington In London
• Cap On Push-Payment Fraud Payouts To Plummet To £85K
• Fraud, Scam Complaints Reach Highest-Ever Level
• Tech Co. Accused Of Defrauding 'Plasma Reactor' Investor
• CMA Clears Tate & Lyle Sugar Biz Deal
• SFO Seizes Watches Worth £500K In £76M Fraud Probe
• BBVA Gets UK Regulatory OK For €12B Bid For TSB Owner
• Bahamian Bank Hit With $15M Claim Over Loan Deal Breach
• Half Of Women Unsure They Will Have Enough For Retirement
• Pay To Play: The 2-Tier Legal Route For Crypto-Fraud Victims
• Port Operator Disputes $2M Claim For Unpaid Fees
• Simpson Thacher-Led Blackstone Inks €1B Property Deal
• A&O Shearman Hires PE Pros From Sidley Austin In London
• OFSI To Bring 1st Penalty For Sanctions Violation This Year
• Greensill, Gupta Deny Conspiracy In Zurich Insurance Row
• Manolete Wins Nearly £1M Over Director's Breach Of Duties
• Tribunal Backs FCA In Denying Ashraf Wealth Management
• William Fry Guides Ireland In AIB's €500M Buyback
• EU Asset Managers Seek Strong Governance On Data Feeds
• Without Change, Fighting Fraud Is A Losing Battle For The UK