Navigate the complexities of prudential regulation effectively with our comprehensive guidance. Designed for seasoned legal professionals in financial services, this resource provides essential insights into capital adequacy, risk management, and regulatory compliance. Stay informed on the latest standards and best practices to ensure your clients meet stringent prudential requirements confidently.
A round-up of financial services developments, including (among other things) JMLSG seeks views on proposed amendments to Part I of its Guidance....
The Crown Prosecution Service (CPS) has announced that Declan Nowell, the company director for an unregistered Forex investment scheme called...
A round-up of financial services developments, including (among other things) UK EMIR: FCA increases clearing threshold for commodity derivatives....
This week's edition of Financial Services weekly highlights includes: FCA consults on registration of authorised fund assets; Commission adopts...
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...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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