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4 Apr 2022, 8:17 am
The IRSG therefore recommends that HM Treasury’s proposals for changes to legislation should be carried out with sufficient consultation and time to allow industry participants to adapt accordingly. [read post]
4 Apr 2022, 8:00 am
The Sun has settled a defamation claim brought by an immigration solicitor it accused of “shamelessly touting” a price list of legal aid fees for migrants arriving in small boats. [read post]
31 Mar 2022, 8:54 am
HM Treasury sees no policy rationale to continue to limit the scope of the EMIR 2a equivalence decision only to markets that were CFTC-authorised at the time it was originally made. [read post]
29 Mar 2022, 8:22 am
On 28 March 2022, HM Treasury published the Government’s response to the feedback it received to its earlier consultation on an expanded resolution regime for central counterparties (CCPs). [read post]
28 Mar 2022, 4:45 pm
A public search on the HM Courts and Tribunals E-Filing Service reveals interesting information about the breakdown of these cases. [read post]
28 Mar 2022, 9:23 am
The amendments are the first step towards HM Treasury’s commitment to ‘conduct a more wholesale review of the disclosure regime for UK retail investors,’ which would include a more holistic review of the PRIIPs regime. [read post]
28 Mar 2022, 9:15 am
HM Treasury, the FCA, the PSR and the CMA agree that the future entity should: Have effective regulatory oversight, with a new committee, led jointly by the FCA and PSR, to consider the entity’s vision, governance and priorities. [read post]
28 Mar 2022, 1:46 am
These divorce statistics are derived from information recorded by HM Courts and Tribunals Service (HMCTS) during the divorce process. [read post]
27 Mar 2022, 4:50 pm
On 24 March 2022 Nicklin J handed down judgment in the case of Sayn-Wittgenstein-Sayn v HM Juan Carlos Alfonso Victor Maria De Borbon Y Borbon [2022] EWHC 668 (QB). [read post]
25 Mar 2022, 9:47 am
As noted in the Discussion Paper, the regulatory framework that will apply to systemic stablecoins will be the subject of a future BoE consultation, pending HM Treasury’s legislative process. [read post]
21 Mar 2022, 9:55 am
On 18 March 2022, the House of Lords (Economic Affairs Committee) published the Bank of England’s (BoE’s) and HM Treasury’s (HMT’s) response to the Lords’ Economic Affairs Committee report ‘Central bank digital currencies (CBDC): a solution in search of a problem? [read post]
21 Mar 2022, 9:52 am
The advisory notice replaces all previous notices issued by HM Treasury on the subject. [read post]
20 Mar 2022, 5:36 pm
The UK Government has published a “call for evidence [pdf]” in relation to so-called “Strategic Lawsuits against Public Participation (SLAPPs). [read post]
17 Mar 2022, 8:51 am
On 16 March 2022, HM Treasury laid in Parliament the Final Report of the Ring-fencing and Proprietary Trading Independent Review. [read post]
16 Mar 2022, 12:48 pm
The Project builds on the US-UK Financial Innovation Partnership that was established in May of 2019 by the US Department of the Treasury and the UK’s HM Treasury. [read post]
16 Mar 2022, 9:33 am
On 15 March 2022, the Financial Markets Law Committee published a letter that it had sent to HM Treasury highlighting some examples of legal uncertainty as regards the proposals in HM Treasury’s response to its 2020 consultation on cryptoasset promotions and the FCA’s consultation on strengthening financial promotion rules for high-risk investments, including cryptoassets. [read post]
13 Mar 2022, 5:13 pm
The High Court has ruled a class-action lawsuit against TikTok concerning children’s privacy violations can proceed, SMO v TikTok Inc. and Others [2022] EWHC 489 (QB). [read post]
11 Mar 2022, 4:22 am
The Supreme Court’s approach to Elan-Cane The Supreme Court held that the purpose of providing male/female gender on passports ‘is not to inform [HM Passport Office] as to the applicants’ feelings about their sexual identity, and the applicants are not being forced to lie about those feelings. [read post]
7 Mar 2022, 9:57 am
By Guest Blogger Tyler Ochoa On February 24, the U.S. [read post]
6 Mar 2022, 4:02 pm
On 1 and 2 March 2022 Chamberlain J heard an application for an injunction in the case of HM Attorney-General for England and Wales v BBC. [read post]