Category Archives: Regulatory

News from the SFO

Conviction in first UK Libor trial The Serious Fraud Office (SFO) continues to promote itself as a tough prosecution agency, although recently it recognised that deferred prosecution agreements are an appropriate prosecutorial tool – provided that it is in the public interest to do so and the corporate body has fully cooperated. The SFO remains…
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HM Treasury announces launch of a new financial advice market review

On 3 August 2015, HM Treasury announced the launch of a review looking at how financial advice could work better for consumers.  The review will consider the current regulatory and legal framework governing the provision of financial advice and guidance to consumers, and its effectiveness in ensuring that all consumers have access to the information, advice and…
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Increased transparency on the horizon: new reporting obligations for corporate entities

Transparency: new rules will require companies to keep publicly available registers showing people with "significant control" as well as details of the company's payment practices. The Small Business, Enterprise and Employment Act 2015 (the "Act") was signed into law on 26 March 2015. The contents of the Act can be traced back to the UK's…
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