Navigate the complexities of this pivotal regulation affecting investment firms and financial markets. Gain insights into compliance, client asset protection, and transaction reporting to ensure your practice aligns with the latest standards and mitigates risk effectively.
A round-up of financial services developments, including (among other things) HMT announces first Critical Third Parties as BoE, PRA and FCA oversight...
This week's edition of Financial Services weekly highlights includes: FCA’s review of AI in financial services discusses potential risks and rewards;...
A round-up of financial services developments, including (among other things) TheCityUK makes recommendations on how UK can attract Shariah-aligned...
The Financial Conduct Authority (FCA) has announced that it has charged Richard Bloomfield with five counts of insider dealing. The FCA alleges that...
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
The Competition and Markets Authority (CMA) has identified several breaches by Monzo Bank Limited (Monzo) of the Retail Banking Market Investigation...
Insurance conduct regulation—COBS and ICOBSThe Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of...
Second charge mortgage regimeSecond charge mortgages definedA regulated second charge mortgage is a loan secured on a borrower’s property that is used...
MiFID and non-MiFID businessThis Practice Note summarises what MiFID business is as the term is defined in the Financial Conduct Authority (FCA) Glossary and provides a flowchart to work through the specific elements involved in determining whether the UK provisions of the Markets in Financial
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
0330 161 1234