12/15/2022
There are different mechanisms provided for under the GDPR that businesses can rely on for ensuring EU, or UK, data protection standards continue to apply to personal data when exported. Adequacy decisions are one such mechanism.
12/15/2022
The Q&A is very detailed, comprising 60 questions over 34 pages and including worked examples, tables of guidance and decision trees.
12/13/2022
Under the new rules, principals will be required to notify the FCA of future AR appointments 30 calendar days before they take effect and provide complaints and revenue information on their ARs to the FCA on an annual basis.
12/09/2022
The BVI residency requirement for a voluntary liquidator applies for appointments made after 1 January 2023 and in cases where joint voluntary liquidators are appointed, only one must be resident in the BVI.
12/09/2022
To mitigate these issues, the regulator has proposed amending the current financial services activity of “providing credit” to expressly include those who finance the purchase of goods and services, bringing BNPL providers firmly in scope of t
12/08/2022
The Employment Relations (Flexible Working) Bill (5 pages / 101KB PDF), proposed by Yasmin Qureshi MP, will require employers to consult with an employee before rejecting a flexible working request, and make a final decision within two months instead of t
12/08/2022
The framework, which was published after an industry consultation, also contains guidance to limit liquidity mismatch in property funds.
12/08/2022
The proposals have been made following the regulatory body’s recent Financial Lives survey, which found around 4.2 million people in the UK hold more than £10,000 in investable assets mostly or entirely cash and are open to investing some of i