04/01/2020
Finma to reduce capital relief to banks approving shareholder dividends
The measure applies until 1 July, but can be extended if necessary.
04/01/2020
The measure applies until 1 July, but can be extended if necessary.
04/01/2020
The PRA welcomes the decisions by the boards of the large UK banks to suspend dividends
03/31/2020
As a result, in certain states, artists consigning their own works of art to galleries for sale will not have to file a UCC-1 Financing Statement as collectors do.
03/31/2020
The government has confirmed that it will implement all but one of the recommendations made by Sir Amyas Morse in his review of the loan charge rules.
03/31/2020
The implementation date of the Basel III standards finalised in December 2017 has been deferred by one year to 1 January 2023.
03/31/2020
ORI to reduce from 2.5% to 2.25% from 6 April 2020
03/31/2020
The firm states that it is actively expanding its global footprint and has established a strong presence with offices in Hong Kong, Jersey, New York, Silicon Valley, Vancouver, Melbourne, and now Singapore.
03/31/2020
Some advisers say buy now, while others warn of double bottom
03/31/2020
The major drawback is the lack of a statutory moratorium of legal claims against the company, and any creditor not contractually bound could petition to wind up the company and derail the restructuring efforts.
03/31/2020
The Linklaters team was led by Victor Manchado
03/30/2020
With comparisons moving beyond the 2008 financial crisis to the 1930s, Woolard has been at the heart of efforts by policymakers to quell the economic impact of the virus, which has caused tens of thousands of deaths around the world.
03/30/2020
If the UK Government insists on allowing EU funds to continue to be marketed without reciprocal passporting, this could be the beginning of a gradual demise for the UK funds industry.
03/30/2020
Otherwise it has been a year of variety – our litigators have been involved in a broad range of large, complex contentious cases, including general commercial litigation, restructuring and insolvency, trusts, regulatory (including proceeds of crime
03/30/2020
The adviser also questioned how Sanlam intended to work with its ARs who will struggle financially in the next few months as this has not yet been communicated.
03/30/2020
This statement applies to all FCA-regulated firms across the UK, including in Scotland, Wales and Northern Ireland.
03/27/2020
The bank thought this to be true for four years, until Juan Carlos took $65 million and allegedly sent it to Corinna Larsen, a Monaco-based businesswoman who is said to be either a close friend or ex-lover of Juan Carlos.
03/27/2020
The Italians are looking for information on accounts of Italian citizens at Credit Suisse, which they suspect of having failed to fulfill their tax obligations in their home country.
03/27/2020
The board of Knights is taking a 30% pay cut, although the nobility of their sacrifice is debatable given that an interim dividend of 1.1p per share was declared last week which showered them all in cash.
03/27/2020
This measure will give banks more flexibility in their lending activities
03/27/2020
Virtual hearings will not be a panacea in every case, however they may be a viable option for parties who might otherwise be faced with an extended period of financial uncertainty.