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25 Oct 2021, 8:40 pm
An explanatory memorandum has been prepared by the HM Treasury which provides a detailed summary about what is being done and why. [read post]
22 Oct 2021, 8:50 pm
On 21 October 2021, a new statutory instrument was published by HM Treasury on Legislation.gov.uk titled The Financial Services Act 2021 (Commencement No. 3) Regulations 2021. [read post]
22 Oct 2021, 7:16 am
This will take effect in conjunction with any consequential amendments to the onshored Capital Requirements Regulation by HM Treasury. [read post]
22 Oct 2021, 2:55 am
On 21 October 2021, HM Treasury issued its long anticipated consultation on the regulation of Buy-Now Pay-Later (BNPL) products. [read post]
20 Oct 2021, 8:50 pm
On 18 October 2021, the HM Treasury published a policy paper titled, ‘Greening Finance: A Roadmap to Sustainable Investing’. [read post]
15 Oct 2021, 9:17 am
Britain’s HM Treasury and the Financial Conduct Authority have decided to raise the maximum value for a transaction made with a contactless card to £100, up from £45, effective Oct. 15. [read post]
15 Oct 2021, 9:17 am
Britain’s HM Treasury and the Financial Conduct Authority have decided to raise the maximum value for a transaction made with a contactless card to £100, up from £45, effective Oct. 15. [read post]
14 Oct 2021, 11:55 pm
The Financial Services Act 2021 (FS Act) empowers HM Treasury to revoke provisions in the onshored Capital Requirements Regulation (CRR), in order to allow the PRA to introduce updated prudential rules for credit institutions and PRA-designated investment firms. [read post]
12 Oct 2021, 8:50 pm
The call for evidence was the first stage in the HM Treasury led review of the UK’s payments landscape which was announced in June 2019. [read post]
11 Oct 2021, 8:50 pm
All other policy in PS21/21 is designed to take effect at the same time as HM Treasury’s anticipated revocation of the leverage parts of the CRR, in accordance with its powers under section 3 of the Financial Services Act 2021. [read post]
5 Oct 2021, 5:01 am
AUKUS: Biden’s New Security Agreement On Sept. 15, the United States, the United Kingdom and Australia announced a new security agreement. [read post]
1 Oct 2021, 1:46 am
Snippets Fire Safety initiative warns shortcomings in both social and private rented sector Infographic reveals legal aid ‘deserts’ around the country Agency to return cash after reminder by court judge the maximum costs for agents admin costs when tenants move out Following public consultation earlier this year, draft legislation for a new residential property developer tax (RPDT) has been published by HM Treasury. [read post]
1 Oct 2021, 1:46 am
Snippets Fire Safety initiative warns shortcomings in both social and private rented sector Infographic reveals legal aid ‘deserts’ around the country Agency to return cash after reminder by court judge the maximum costs for agents admin costs when tenants move out Following public consultation earlier this year, draft legislation for a new residential property developer tax (RPDT) has been published by HM Treasury. [read post]
28 Sep 2021, 8:55 pm
The Working Group is industry led, co-chaired by the Governor of the Bank of England (BoE), the Chief Executive of the FCA, and the Economic Secretary to HM Treasury. [read post]
28 Sep 2021, 4:25 pm
In the first two cases, irrational and scandalous or delusional claims of illegitimate descendancy were made against the estates of the late Queen Mother and/or Princess Margaret: see Brown v Executors of the Estate of HM Queen Elizabeth the Queen Mother [2008] EWCA Civ 56; [2008] 1 WLR 2327 and In re Benmusa (No 3) [2017] EWHC 966 (Fam). [read post]
27 Sep 2021, 8:45 pm
The new text, which has been submitted to HM Treasury for approval, may be accessed under “Revisions” within the “Guidance” tab. [read post]
27 Sep 2021, 8:40 pm
On 24 September 2021, HM Treasury issued a consultation setting out proposed changes to the Cash Ratio Deposit Scheme. [read post]
24 Sep 2021, 8:40 pm
HM Treasury can extend the two year transitional period (via a statutory instrument) for one year only. [read post]
23 Sep 2021, 12:40 pm
Starting from the narrowest possible market, Google’s own display advertising, the HM test would ask whether a hypothetical monopolist controlling these services (and just these services) could profitably increase prices of these services permanently by 5% to 10%. [read post]
22 Sep 2021, 8:55 pm
On 21 September 2021, HM Treasury published a document which summarises responses to the Economic Crime Levy (ECL) consultation, the government’s response to points raised and next steps. [read post]
