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14 Oct 2019, 7:30 am
On 10 October 2019, the Joint Money Laundering Steering Group (JMLSG) announced that HM Treasury had approved the revised guidance on syndicated lending set out in Part II, Chapter 17 of the JMLSG guidance. [read post]
13 Oct 2019, 3:10 am
Crucially, rather than the HM Courts and Tribunals Service and the judiciary publishing and disseminating this data, it has been third party providers who have predominantly provided these data services. [read post]
11 Oct 2019, 9:08 am
In addition, it points out that HM Treasury engages in frequent dialogue with the financial regulators at both an official and ministerial level on whether the perimeter needs to be changed. [read post]
11 Oct 2019, 9:08 am
On 10 October 2019, HM Treasury published a letter (dated 9 October 2019) from John Glen MP, Economic Secretary to HM Treasury, to the Earl of Kinnoull, House of Lords EU Committee Chair, in respect of the proposed Regulation amending the Benchmarks Regulation (BMR) on low carbon benchmarks and positive carbon impact benchmarks. [read post]
10 Oct 2019, 5:40 am
The FPC notes that the introduction of these principles could usefully inform any assessment of existing payments regulation in HM Treasury’s review of the payments landscape to support choice, competition and resilience and ensure that regulation and infrastructure keep pace with innovation. [read post]
10 Oct 2019, 5:37 am
The Bill proposed a legal mechanism for two years after Brexit for HM Treasury to implement EU financial services legislation which has ‘pre-exit origins’ but does not have effect in domestic law before exit day, and therefore cannot be copied across under the European Union (Withdrawal) Act 2018. [read post]
4 Oct 2019, 11:27 am
” Hm. [read post]
4 Oct 2019, 11:27 am
” Hm. [read post]
3 Oct 2019, 6:42 am
Alongside the Bank of England & PRA, Financial Conduct Authority and HM Treasury, participants included 29 market leading firms and Financial Market Infrastructures. [read post]
2 Oct 2019, 7:01 am
This follows the recommendations outlined in HM Treasury’s independent review of the prudential supervision of the Co-operative Bank published earlier in March 2019, which encouraged the Bank of England and the PRA to consider whether there should be constraints on the extent to which deposit-taking institutions can encumber their assets in normal circumstances and how best to factor encumbrances into the recovery and resolution plans for these institutions. [read post]
1 Oct 2019, 6:51 am
Examples of this are enforcement of the right to the national minimum wage by HM Revenue and Customs (HMRC), enforcement of the laws on modern slavery and worker exploitation by the Gangmasters and Labour Abuse Authority (GLAA) and enforcement of employers’ duties in relation to health and safety at work by the Health and Safety Executive (HSE). [read post]
26 Sep 2019, 4:56 pm
He found that the PM’s advice to HM the Queen on prorogation was, as a matter of high policy and political judgment and thus non-justiciable. [read post]
26 Sep 2019, 8:04 am
The FCA reports that the main updates relate to: extending the proposed duration of the directions issued under the TTP from 30 June 2020 to 31 December 2020; updating the provisions relating to prudential requirements in its directions to reflect new HM Treasury legislation and FCA exit instruments published since 29 March 2019. [read post]
23 Sep 2019, 9:30 pm
Odeon Associated Theatres Ltd v Jones (HM Inspector of Taxes) (1971): A Delphic Pronouncement and a Fundamental TensionJudith Freedman10. [read post]
18 Sep 2019, 3:23 am
On 16 September 2019, HM Treasury published a letter from John Glen, Economic Secretary to the Treasury to Sir William Cash, House of Commons European Committee Chair, providing an update on the current status of the proposal for an EU Regulation on the recovery and resolution of central counterparties (CCPs). [read post]
12 Sep 2019, 4:29 am
All three First Division judges have decided that the PM’s advice to the HM the Queen is justiciable, that it was motivated by the improper purpose of stymying Parliament and that it, and what has followed from it, is unlawful. [read post]
9 Sep 2019, 4:30 am
The FCA also proposes to amend the rules in COLL relating to property authorised investment funds – consultation period is two months; Chapter 4 – minor FCA Handbook amendments to update references to the UK Corporate Governance Code – consultation period is two months; Chapter 5 – changes to Disclosure Guidance and Transparency Rules sourcebook to implement the European Single Electronic Format – consultation period is two months; Chapter 6 – changes to implement… [read post]
2 Sep 2019, 6:50 am
On 30 August 2019, HM Treasury published a letter (dated 27 August 2019) from John Glen, Economic Secretary to the Treasury to Lord Boswell of Aynho, House of Lords EU Committee Chair, addressing concerns regarding uncertainty around the content of the European Commission’s (the Commission) proposed Regulation on European crowdfunding service providers for business and the related Commission proposal for a Directive making consequential amendments to the MiFID II Directive relating to… [read post]
31 Aug 2019, 6:33 am
The HMS ABC will explore the potential of biotechnology to drive and shape the future of clinical care and research. [read post]
30 Aug 2019, 5:00 am
On July 9, Britain’s HMS Queen Elizabeth, the new 65,000 ton aircraft carrier slated for use in the South China Sea, was forced to return to Portsmouth after a leak was discovered. [read post]
