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29 Mar 2020, 4:49 pm
A further 124 court and tribunal buildings, which are conducting hearings remotely, will remain closed to the public but open to HM Courts & Tribunal staff and the judiciary. [read post]
26 Mar 2020, 7:55 pm
This should then be shared with the BoE and HM Treasury. [read post]
26 Mar 2020, 6:20 am
On 25 March 2020, there appeared on the www.parliament.uk website a written statement from John Glen MP (Economic Secretary to the Treasury) in which he confirms that HM Treasury will retain the regulators’ “Temporary Transitional Power” (TTP), which was introduced via the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019, and shift its application such that it is available for use by the UK regulators for a period of two years from the end of… [read post]
26 Mar 2020, 6:10 am
In the letter HM Treasury refers to the economic measures that the Government has introduced in light of the COVID-19 pandemic and makes the point that it is vital that Government, the regulators and industry continue to act together to mitigate the longer lasting effects of COVID-19 on jobs, growth and the UK economy. [read post]
25 Mar 2020, 12:19 pm
HMCTS PRIORITIES DURING THE COVID-19 OUTBREAK 2.1 While HM Courts & Tribunals Service (“HMCTS“) is taking steps to minimise the impact of the COVID-19 outbreak on the courts, it has warned that critical business priorities will shape the listing and management of hearings over the coming weeks.4 2.2 In agreement with senior judiciary, HMCTS has confirmed that it will prioritise the following cases during the crisis: Urgent civil and family work, including applications to… [read post]
24 Mar 2020, 9:26 am
The public guidance is being continually updated by the UK Government, HM Treasury and the Bank of England which is being closely monitored. [read post]
22 Mar 2020, 2:14 pm
The public guidance is being continually updated by the UK Government, HM Treasury and the Bank of England which is being closely monitored. 1.Summary 1.1.On 20 March 2020 the Chancellor, Rishi Sunak, announced sweeping financial measures in addition to those announced to the House of Commons on 17 March 2020 aimed at helping businesses combat the economic shock caused by the COVID-19 epidemic. 1.2.Though by no means an exhaustive list of the newly available measures to assist… [read post]
19 Mar 2020, 6:31 am
HM Treasury and the Bank of England have this afternoon published information on the Covid Commercial Financing Facility (CCFF) being offered to large companies that make a “material contribution to economic activity in the United Kingdom” and have an acceptable rating or creditworthiness. [read post]
17 Mar 2020, 7:11 am
On 2 March 2020, we reported that HM Treasury had published a letter it had sent to Valdis Dombrovskis, European Commissioner for Financial Stability, Financial Services and Capital Markets Union concerning the UK’s preparations for assessments of financial services equivalence. [read post]
16 Mar 2020, 8:43 am
HM Treasury has rightly recognised that operational resilience of the financial services sector and the protection of consumers are key priorities. [read post]
12 Mar 2020, 9:56 am
On 11 March 2020, HM Treasury published its response to the first phase of the Government’s review into the financial services future regulatory framework. [read post]
12 Mar 2020, 9:49 am
On 11 March 2020, HM Treasury published a consultation paper setting out the Government’s proposal for a new process for allowing investment funds domiciled overseas to be sold to UK investors, to replace the existing regime, which is not viable over the long-term. [read post]
12 Mar 2020, 9:44 am
On 11 March 2020, HM Treasury published a Policy Statement confirming the Government’s intention to implement the internationally agreed Basel III banking standards in the UK. [read post]
12 Mar 2020, 9:40 am
On 11 March 2020, HM Treasury published a consultation paper setting out proposals to introduce new market access arrangements for financial services between the UK and Gibraltar. [read post]
3 Mar 2020, 8:53 am
On 2 March 2020, HM Treasury published a letter (dated 27 February 2020) it had sent to Valdis Dombrovskis, European Commissioner for Financial Stability, Financial Services and Capital Markets Union concerning the UK’s preparations for assessments of financial services equivalence. [read post]
28 Feb 2020, 4:23 am
On 27 February 2020, the UK Government published a document setting out its approach to the future relationship with the EU. [read post]
26 Feb 2020, 6:41 am
On 24 February 2020, HM Treasury (HMT) published an updated advisory notice regarding the risks posed by unsatisfactory money laundering and terrorist financing controls in a number of jurisdictions. [read post]
26 Feb 2020, 6:36 am
It also notes that HM Treasury has provided exemptions from these requirements in relation to loans and bond transactions. [read post]
25 Feb 2020, 3:34 am
HM Treasury plans to lay the draft statutory instrument before Parliament in the Spring. [read post]
21 Feb 2020, 12:16 am
HM Treasury has constructed a series of barriers to investment, which make running an efficient and successful lettings business borderline impossible. [read post]
