Financial Services UK Archive » October, 2024

Financial Services UK - October, 2024

228 articles

• Ex-Citadel Reps Can't Escape Trade Secrets Suit
• Scam Promoter Who Cost UK £2.6M In Taxes Is Banned
• Gov't Urged To Reform Tax Charges On Pension Scam Victims
• Vanguard Group Scores 2nd Win In Battle Against Rival TM
• FCA Fine Puts Execs' Personal Conduct Under The Spotlight
• Fugitive Fund, Bank Managers Appeal Fraud Conviction
• FCA Bans 2 Financial Advisers For Pension Transfer Failings
• Reeves To Face MPs As Budget Enters Approval Process
• What UK Procurement Act Delay Will Mean For Stakeholders
• Sainsbury's Sells Argos Cards For £720M, Focuses On Retail
• Gov't Transfers £1.5B To Former Miners' Pension Scheme
• Car Finance Lenders Brace For Wave Of Redress Payments
• Cripps Steers BP Marsh's Buy Of Stake In Lloyd's Broker
• Lloyds Says Broadcaster Liable In £287M Fraud Claim
• UK Capital Gains Hike Casts Shadow Over Gov't LSE Aims
• Last UK Gov't 'Did Not Share' Spending Info With Watchdog
• Pension Pros Say Shutting Inheritance Tax Loophole Overdue
• Disabled Barclays Worker Wins Harassment Claim
• Mortgage Adviser Not Unfairly Sacked Over Fraud Fears
• How Energy Scheme Is Affecting Large Co. Fund Investment
• Labour Gov't Unveils £40B Tax Boost In First Budget
• SPG Steers £18M Buy-In Pension Deal For Housebuilder
• WSJ Articles On $1B Fraud Did Not Contain Criminal Data
• How Companies House Enforcement Powers Are Growing
• Santander Delays Results To Weigh Motor Finance Ruling
• Ex-Cardiff FC Director's Insurance Voided Over 'False' Claims
• CMS Guides £1.1B Pension Deal For Deutsche Bank Unit
• HSBC Unveils $3B Buyback As Profits Rise 10%
• Dexia Can Bring €10M Italian Swap Deal Fight In England
• Cerberus, Spanish Bank Clash In Asset Dispute At UK Trial
• Labour Budget Expected To Target Taxes At Biz, Investors
• Mishcon Hires US-Qualified Partner For VC Practice
• Wise Boss Hit With FCA Fine For Not Disclosing Tax Penalty
• Pensions Provider PSG SIPP Falls Into Administration
• Gov't Urged To Clarify Implications Of Major Pensions Case
• Law Firm Scores Own Goal In Footballers' Data Row
• How New Sanctions Office Will Affect UK Trade Landscape
• Barclays Slashes £330M From UK Investors' 'Dark Pool' Claim
• Close Brothers Lose Appeal In Landmark Motor Finance Case
• 'Business Guru' Denies Claim Of £5.6M Ponzi Scheme
• UK Litigation Roundup: Here's What You Missed In London
• Taxation With Representation: Davis Polk, Skadden, Kirkland
• Lloyds Hit With Fraud Claim By Collapsed Broadcast Co.
• Deutsche Bank Wins £360K Costs From Trader In Bonus Row
• Home Office Launches New Crackdown On Insurance Fraud
• Fraud Lawyers Take On Bullying Cases As Complaints Surge
• FCA Sets Consumer Duty As Top Priority For CEOs In 2025
• Consultancy Calls For More Ambitious Gov't Climate Action
• Commerzbank Can Pursue Staffer For Fake Sex Assault Claim
• FCA Savings Update Focuses On Good Customer Outcomes
• About 9M UK Adults Lost A Pension Pot, Consultancy Says
• Pensions Watchdog Wants Tougher Action Against Scammers
• FCA Finds Reports Of Bullying, Harassment Up Over 3 Years
• UK Corporate Register Warns Of AI Threat To Enforcement
• SEC Says German On Hook For $4.6M Tied To Fraud Scheme
• Charles Russell Brings On Tax Specialist From Sheridans
• Brits Missing Over £31B In Unclaimed Pension Pots, ABI Says
• Watchdog Finds Inadequacies In Consumer Credit Firms
• Bird & Bird Taps Dutch Financial Regulation Pro
• FCA 'Finfluencers' Crackdown May Prove More Bark Than Bite
• ECJ Won't Call Off Clawback Of Portugal's Tax Breaks
• EU Tax Nominee Vows Corp. Tax Simplification, Pillar 1 Work
• Ex-Business Partners Deny Deceiving Investors For £12M
• Gov't To Prioritize Own Dashboard Before Commercial Models
• Aviva Deal 'Rescues' Pension Plan From Lifeboat Scheme
• SAP Faces Trademark Infringement Claim Over 'Joule' AI Tool
• 5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling
• Firms Say FCA Could Better Encourage Innovation
• FCA Warns Investors In Novus Black Investment Fund
• Aegon Calls For 'Cool Heads' Ahead Of Autumn Budget
• Commerzbank Urges Contempt Case Over False Assault Claim
• Pensions Watchdog Urges Industry To Embrace New Tech
• Bird & Bird Hires M&A Pro In Milan From A&O
• FCA Restricts Financial Services Platform After Failings
• FCA's Broad Proposals Aim To Protect Customer Funds
• Budget Fears Spark Surge Of Savers Raiding Pensions
• UK To Loan Ukraine £2.3B Backed By Frozen Russian Assets
• Kirkland Guides Wendel's $1.13B Bid For Monroe Capital Stake
• FCA Cracking Down On Illegal 'Finfluencing'
• BDO Appoints Former HMRC Official, 3 Others To UK Offices
• UK Director's Use Of Tax Planning Data Subject For Retrial
• Campaigners To Submit Whistleblowing Protections Bill
• Amex To Take Over Swisscard Joint Venture From UBS
• Kirkland Hires 2 Structured Finance Attys In NY, London
• FCA Sustainability Labels Prompt Worries From Trade Groups
• Trade Body 'Extremely Concerned' Over Pension Value Rules
• Startup Funder Wants Co-Founder To Pay £7.1M In Fraud Case
• Insurance Premium Finance Costs Fall Under FCA Scrutiny
• Billionaire Fights PE Giant Over Software Co. Stakes
• FCA Fines Volkswagen £5.4M For Mistreating Customers
• Norwegian Bank DNB To Buy Carnegie Holding For $1.14B
• Chinese Duo Plead Not Guilty To Laundering Cryptocurrency
• Consultant Ducks Prison For Helping OneCoin Launder $35M
• Sidley Hires Capital Markets Duo From Latham
• Gov't Warned Over Axing National Insurance Pension Relief
• UK Litigation Roundup: Here's What You Missed In London
• Lender KMBL Buys StanChart India's $490M Loan Biz
• BoE To Tighten Capital Rules For Banks
• Fraud Losses Reach £571M In 2024, But APP Scams Down
• Trade Body Calls For FCA To Clarify UK Rules On PEPs
• Naming And Shaming To Hit 'Relatively Few' Firms, FCA Says
• Takeaways From Upcoming Payment Fraud Delay Legislation
• FCA's 'Pension Value' Rules Criticized for Over-Simplification
• Equip FCA And BoE For Green Transition Finance, Study Says
• Government Sets Out Plan To Regulate Buy Now, Pay Later
• Macfarlanes-Led Dignity To Acquire Farewill For £12.9M
• Weil Hires Private Funds Pro From Cleary
• Insurer Launches UK's 1st Cybercrime Recovery Service
• Vestager Urges EU Politicians To Push Ahead With Pillar 1
• BOE To Simplify Banking Rules To Boost Growth
• VC Firm Denies Failing Putin's Ex-Son-In-Law's Divorcee
• Nordea To Kick Start €250M Buyback After ECB Greenlight
• StanChart Libor Decision Splits Bank And Investor Interests
• Pensions Watchdog To Extend Professional Trustee Oversight
• Daily Mail Withdraws Articles In Privacy Battle With Tax Pro
• FCA Launches AI Lab To Boost Fintech Innovation
• Barclays, NCA Lead Data Project To Target Sexual Exploitation
• Dentons Rehires Financial Reg Partner From Pinsent Masons
• Banks Ditch Exchange's Boycott Conspiracy Suit At 2nd Circ.
• Companies House Outlines Phased Rollout Of New Powers
• Vanguard Group Nixes Investment Group's TM
• EU Watchdogs Warn Digital Act Changes Will Hinder Rollout
• Fresh Warnings Issued Over FCA Value-For-Money Rules
• Gov't Launches Taskforce To Combat Spiraling Insurance Cost
• Modernizing UK Trade Settlement Standard: The Road Ahead
• FCA Launches Probe Into Premium Finance Insurance Market
• US Fails To Revoke Bail Of Crypto Chief Wanted In Fraud Case
• Argentina Denied UK Top Court Appeal In €1.3B Bond Dispute
• Wyndham Says Vacation Group Awaze Withheld TM Royalties
• Sustainability Assurance Market Lacks Choice, FRC Says
• Bankers Say WSJ Articles Used Criminal Data In GDPR Claim
• Starmer Hints At National Insurance Hike Over Capital Gains
• Trustees Urged To Do More Than Minimum On ESG
• Hughes Hubbard Adds Securities Pro From Clifford Chance
• StanChart Wins UK Test Case Over Alternative To Libor Rate
• Ex-A&O Lawyer Brings Int'l Expertise To Twenty Essex
• Barclays Challenges UK Motor Finance Ruling In Test Case
• EU To Create Governance Structure For Faster Settlements
• UBS Told To Bolster Crisis Plans After Credit Suisse Deal
• Tycoon Sentenced To 8 More Years Over Real Estate Fraud
• Finance Firms Urge EU To Back Shorter Settlement Period
• African Bank Sues Engineering Biz For $111M In Unpaid Debt
• Crypto-CEO Faces US Extradition In Market Manipulation Case
• FCA Applies Consumer Duty To Tackle Fraud Reimbursement
• Bird & Bird Adds DLA Piper Legal Director To London Office
• UK Litigation Roundup: Here's What You Missed In London
• G-20 Regulators Told To Learn From Credit Suisse Collapse
• Market Abuse Behind Majority Of €71M EU Fines
• Art Dealer's Ex-Wife Denies Liability For His Loan
• Analyzing The Implications Of 1st FCA Crypto ATM Crackdown
• UK Insurer Saga In Talks Over £140M 20-Year Deal With Ageas
• Miner Liable To PE Firm Over Axed $1B Brazilian Mine Deal
• Sidley Boosts Global Finance Practice With 5 Partner Hires
• Ex-Goldman Manager Claims £3.8M In Paternity Sex Bias Case
• Ireland's Finance Bill Sets Out Foreign Dividend Exemption
• HSBC Appeals To Throw Out Job Applicant's Race Bias Claim
• Risk Co. Can't Pursue Bankruptcy Against Guernsey Resident
• Gupta Prosecuted Over Missing Accounts For 76 Companies
• Lebanese Bank Claims It Was Told Not To Repay $234M Debt
• £300B Of Pension Assets Could Be Invested In UK, PwC Says
• FCA Warns Of Rise In Market Abuse Through Regulated Firms
• Advisers Say Council's 'Extreme' Risk Appetite Lost It £20M
• TSB Bank Fined £11M For Mistreating Vulnerable Customers
• Bank Of Scotland Forced £18.5M Hotel Asset Sale, Court Hears
• UK Gov't Greenlights Film Industry Tax Credit
• EU Launches Consultation On Securitization Rules
• Litigation Funder Sues After-The-Event Insurer For £61M
• Trader Fights Insider Dealing US Extradition At Top UK Court
• Tech Co. Denies Claim That Plasma Reactor Was Never Built
• Switzerland OKs £5.4B Hargreaves Lansdown PE Takeover
• Law Firms Sued For Botched Advice In £5M Ponzi Scheme
• Mozambique Targets Heirs Over 'Tuna Bond' Bribery Award
• BoE To Give Big Banks More Time For Resolution Reports
• Draft Merger Control Guidance Allows CMA To Cast Wide Net
• SocGen Bids To Force €140M Clifford Chance Case To France
• Ex-F1 Boss Accepted £57M Bond Risk, HSBC Says
• Finance World Must Prepare For Constant Volatility, FCA Says
• EU Removes Antigua And Barbuda From Tax Blacklist
• Wirecard Loses £12M Fraud Claim Against Greybull Capital
• Travers Smith Leads Wealth Manager On £45M Purchase
• Bear 'Polluter Pays' Liability For Redress, FCA Tells Firms
• FCA Warns Banks To Improve Anti-Fraud Systems To Cut APP
• Key Points From Cayman's Beneficial Ownership Regime
• Socialite Claims Ignorance In £200M Money Laundering Trial
• Walker Crips Must Classify Investment Manager As Worker
• Rosenblatt Rejects Negligence Claims Over Jaeger Collapse
• Covington UK White Collar Chief Heads To Litigation Boutique
• Investors Urge UK Pension Reforms To Boost Returns
• LME Beats US Hedge Fund's Appeal Over $12B Nickel Trade
• Watchdog Now Orders Banks To Pay Back APP Fraud Victims
• HMRC Transfer Pricing Guide A Vital Resource For Businesses
• SFO Seizes £295K From Convicted Tycoon In $700M Fraud
• G7 Antitrust Chiefs Vow To Scope Collusion In AI Tech Sector
• WealthTek Distribution Plan Was Approved For Expediency
• ECJ Says Interest Deduction Limits Align With EU Law
• UK Litigation Roundup: Here's What You Missed In London
• Experian To Acquire Brazil's ClearSale For $350M
• McDermott Taps Big 4 Partner As Senior Tax Pro In London
• Dechert Hires Fund Finance Pro From DLA Piper
• FCA's £29M Fine Of Starling Sends Wider Compliance Warning
• Bahamian Bank Claims No Fault In $3M Loan Row
• Former Senior Accountant Jailed For £1M Council Fraud
• FCA Charges 2 Brothers With Insider Dealing
• Whisky Fund Manager To Pay £51K Over Sexist Treatment
• New UK Anti-Fraud Law Could Fuel Prosecution Of Individuals
• Pension Co. Expects Greater Investment Plan Detail In Budget
• Herbert Smith-Led WTW Buys Stake In Wealth Manager
• EU Finance Bodies Seek Clarity On Cybersecurity Compliance
• Insights From FRC's Report On Good Corporate Governance
• Parliamentary Ombudsman Probes Pensions Injustice
• UK To Give Banks New Powers To Combat Fraudsters
• FCA Wins Appeal In $700M BlueCrest Investor Redress Case
• Italian Lender Beats Rival's Challenge To 'Isybank' TM Bid
• Shoosmiths Adds Privacy & Data Partner From BCLP
• Hogan Lovells Leads Royal London's 1st £30M Pension Deal
• FCA Fines Starling £29M For 'Shockingly Lax' Client Screening
• Reed Smith Steers £140M Pension Deal For Insurance Biz
• What To Know About The UK Overseas Funds Regime
• Westfield Denies Infringing Clearpay IP In Partnership Dispute
• Investors Settle Wirecard Fraud Case With Transfer Provider
• McFaddens Dodges Client's Late Claim Over Loan Advice
• Eversheds Sutherland Taps Rutgers & Posch For Finance Trio
• UK's 1st Sanction Fine Fires Warning Shot, But A Muffled One
• Lloyd's Says Forgery Sinks Claim Over Ship Struck In Ukraine
• Pension Insurance Deal Market To Hit £60B In 2025
• Crypto Developers Take Aim At 'Patent Trolls' In New Deal
• EU Markets Watchdog To Help Tighten Greenwashing Rules
• 4 Firms Guide Partners Group In €6.7B Sale Of German Biz