Marketing virtual currencies in Belgium: FSMA introduces new restrictive conditions
Interest in crypto-assets is growing in Belgium. And they are particularly interesting young retail investors. In early 2022, nearly one-quarter...
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UK Government supports proposal to allow expansion of pensions automatic enrolment
The Department for Work and Pensions (the DWP) has backed the Pensions (Extension of Automatic Enrolment) (No 2) Bill (the...
UK FCA final mortgage support guidance for firms assisting borrowers during cost of living crisis
The FCA has published its finalised guidance (FG23/2) for firms supporting their existing mortgage borrowers impacted by the rising cost...
Financial Services Regulation and Compliance – Banking February 2023
Domestic Ireland Safe Deposit Box, Bank and Payment Accounts Register - Frequently Asked Questions (updated 24 February 2023) The document...
US Senator Warren criticizes Fed, calls for probe into SVB failure
WASHINGTON, March 19 (Reuters) - U.S. Senator Elizabeth Warren on Sunday called for an independent probe into the recent failures...
Police clash with protesters at Paris demonstration against pension overhaul
Violence breaks out at Friday night Paris protestUnions plan more strikes, protestsOpposition plans no-confidence votePARIS, March 17 (Reuters) - Riot...
UK Regulator Targets Client Money Protections in Priorities for Payments Firms
On March 16, 2023, the UK Financial Conduct Authority (the FCA) published a letter1 to the CEOs of UK electronic money...
UK holding companies – key tax considerations – Commentary
IntroductionReceipt of profits from subsidiariesPayments by UK holding company to its shareholdersAnti-avoidanceExit considerationsCommentIntroduction After a protracted exit from the European...
UK Funds Legal Update | March 2023
Asset management rules reform, independent review of investment research, Long Term Asset Fund authorised and more Welcome to a new...
Top US Senate Democrat Schumer wants legislative response to banking ills
WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
