HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.
HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.
The U.K.'s sprawling municipal retirement plan is now worth an estimated £450 billion ($604 billion), a consultancy said Friday, ahead of government plans to consolidate the highly fragmented scheme into several pension mega-funds.
The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.
This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.
The organization managing a pension fund for civil servants has told MPs that it has never officially recognized a staff union, even as it prepares to hand over the reins to private sector giant Capita.
An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.
Vienna Insurance Group has agreed to acquire all the shares of its German rival Nürnberger Beteiligungs AG for €1.38 billion ($1.61 billion) in a move to strengthen its position in Central Europe.
