Home / Financial Services / Financial services weekly highlights / Weekly highlights

Legal News

Lexis®PSL Financial Services weekly highlights—26 November 2015

Copyright © 2025 LexisNexis

Published on: 26 November 2015

Published by a LexisNexis Financial Services expert

Table of contents

Headlines (News updates & analysis)
The EU and the EU Banking Union
PRA and FCA updates
Insurance requirements
Home finance transactions
Markets and trading
Relevant updates from other practice areas
Cases
FCA Final Notice
McMullon v Secure the Bridge Ltd

More sections of this document available when you sign-in to Lexis+ or register for a free trial.

Article summary

Welcome to the weekly Financial Services highlights from the Lexis®PSL Financial Services team for the week ending 26 November 2015. This week’s edition of Financial Services highlights includes (1) details on the non-collateralised bank guarantee grace period (2) draft RTS on cross-border intragroup liquidity requirements (3) an announcement on tighter rules on insurance information and advice (4) new proposed measures for strengthening the EU Banking Union (5) a detailed report on the HBOS Group failure (6) latest PRA Rulebook updates (7) latest enforcement cases from the FCA including a fine on a major bank (7) key Financial Services future dates

Popular documents

Priority between loss reliefs in loss making companies

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

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

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

Can shares in a limited company that have not been paid-up at all be cancelled?

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

Template for regulatory references given by SMCR firms and disclosure requirements

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