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11 Oct 2021, 8:50 pm by Jochen Vester (UK)
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]
3 Oct 2017, 12:52 pm by Simon Lovegrove and Jack Prettejohn
The BoE (with the consent of HM Treasury), where certain conditions are met, has formal powers to recognise legally and give effect to the resolution actions of a resolution authority outside the EEA; and the BoE (with the consent of HM Treasury) also has the right to refuse such support and take independent action in relation to UK branches of non-EEA firms. [read post]
7 Nov 2018, 4:43 am by Simon Lovegrove (UK)
., and Transitional Provisions) (EU Exit) Regulations 2018 Draft Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 EU Authorities EP Brexit co-ordinator letter on continuity of contracts ESMA speech on preparing for Brexit European Parliament votes to adopt resolution on regulatory and supervisory relationships between EU and third countries ECON report on EU / Third Country relationships concerning regulation and supervision UK Authorities FCA speech on updates to… [read post]
13 Jul 2010, 1:04 am by Adam Wagner
In another recent case, M and Others v HM Treasury, the European Court of Justice ruled that social security benefits cannot be withheld from family members of those suspected of being associated with the Al Qaeda terrorist network (see our post). [read post]
7 Aug 2018, 6:00 am by Doorey
Having broadly accepted the recommendations of the Taylor Review, the Department for Business, Energy & Industrial Strategy (BEIS), HM Treasury, and HM Revenue & Customs (HMRC) together launched an Employment Status Consultation in February 2018. [read post]
4 Dec 2023, 8:54 am by Hannah Meakin (UK) and Anita Edwards
Ancillary activities test (AAT): Following changes made by HM Treasury to the AAT, the FCA is proposing new guidance on what constitutes ancillary activity. [read post]
The advice/ guidance boundary review As announced in 2022, the FCA and HM Treasury will jointly be carrying out a holistic review of the boundary between advice and guidance. [read post]
29 Oct 2012, 1:35 pm
Replica of HMS Bounty Lost At Sea In the meantime, the United States Coast Guard rescued 14 of the 16 crew members of the replica ship HMS Bounty. [read post]
9 Jun 2020, 5:10 am by Shannon O'Hare
Other UK enforcers, such as HM Revenue & Customs and the Competition and Markets Authority, have either suspended certain investigations or refocused work streams in response to the pandemic. [read post]
15 Apr 2007, 7:40 am
Admiral Charonblower HMS Fearnought Drake Avenue Henley-on-Thames Admiral82@hotmail.co.uk *** PS… The balaclava is mine. [read post]
HM Treasury said in its 2022 consultation response on the WMR that it wanted to revise the existing regime and enable the emergence of a CT in the UK, and the December 2022 Edinburgh Reforms noted that HM Treasury and the FCA would put a legislative and regulatory regime in place by 2024 to facilitate this. [read post]
The EMIR SI introduces a new power for the FCA to suspend the reporting obligation for a period of up to one year, with the agreement of HM Treasury. [read post]
16 Aug 2015, 11:19 am by Giles Peaker
In arguing Denton, NRAM also pointed to further disclosure it had made (after being struck out): • UKFI Investment Mandate – this sets out the scope of UKFI’s decision-making responsibilities with respect to loan arrangements and the extent to which that decision-making requires the prior approval of HM Treasury before being implemented; UKFI Shareholder Relationship Framework Document – this sets out UKFI’s objectives and its relationship to HM… [read post]
20 Jul 2022, 11:25 am by Simon Lovegrove (UK)
Give HM Treasury the power to enable it to set ‘have regards’ which the UK regulators must consider when exercising their rules in specific areas of regulation. [read post]
An important challenge is whether to resume HM Treasury’s much-criticised override power, which the current government considered and then dropped. [read post]
15 Dec 2022, 7:59 am by Simon Lovegrove (UK)
HM Treasury is also given the power to require the regulators to review their rules when this is in the public interest. [read post]