Gain insights on effectively holding financial institutions accountable while nurturing a culture of ethical conduct and compliance. This guidance offers essential strategies for professionals dedicated to maintaining and elevating standards in the financial sector. Explore approaches to strengthening social governance frameworks that not only meet regulatory demands but also promote corporate responsibility. These resources are designed to aid legal teams in guiding financial entities towards sustainable and socially responsible operations.
The following Corporate Crime news provides comprehensive and up to date legal information on UK sanctions regime review lacks detail on beefing up meager enforcement
The following Financial Services news provides comprehensive and up to date legal information on FCA review highlights valuation standards for private funds
The Money Laundering Reporting Officer (MLRO)This Practice Note provides information on the role of the nominated officer and the Money Laundering...
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
Second charge mortgage regimeSecond charge mortgages definedA regulated second charge mortgage is a loan secured on a borrower’s property that is used...
Financial Conduct Authority—objectives and principlesThe role of the FCAThe Financial Conduct authority (FCA) forms part of the regulatory structure...
Culture in financial services firms—essentialsThis Practice Note examines the Financial Conduct Authority’s (FCA) focus on culture and the role of the Senior Managers & Certification Regime (SM&CR) in improving culture. It examines in turn the FCA’s so-called ‘cultural levers,’ which the FCA
Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
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