Tag Archive for the-financial

Mauritius central bank cautious on moves into Africa

Despite concerns, the financial system is judged to be sound

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Mauritius central bank cautious on moves into Africa

FCA statement on compliance with Joint Committee Guidelines on Acquisitions and Increases of Qualifying Holdings (Changes in Control)

The Joint European Supervisory Authorities (ESA) Guidelines on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector come into force on 1 October 2017. The FCA and PRA have notified the ESAs that they will comply with the Guidelines except for provisions relating to the identification of acquirers of indirect qualifying holdings.  Firms should continue to use the existing methodology as laid out in Part XII FSMA to identify proposed and/or existing controllers. For guidance on identifying controllers please refer to the quick reference guide (PDF)

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FCA statement on compliance with Joint Committee Guidelines on Acquisitions and Increases of Qualifying Holdings (Changes in Control)

FCA statement on compliance with Joint Committee Guidelines on Acquisitions and Increases of Qualifying Holdings (Changes in Control)

The Joint European Supervisory Authorities (ESA) Guidelines on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector come into force on 1 October 2017. The FCA and PRA have notified the ESAs that they will comply with the Guidelines except for provisions relating to the identification of acquirers of indirect qualifying holdings.  Firms should continue to use the existing methodology as laid out in Part XII FSMA to identify proposed and/or existing controllers.

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FCA statement on compliance with Joint Committee Guidelines on Acquisitions and Increases of Qualifying Holdings (Changes in Control)

Northern Rock’s hidden lesson: online bank deposits pose a systemic risk

There is a more persistent danger to the financial system than many people realise

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Northern Rock’s hidden lesson: online bank deposits pose a systemic risk

Wells Fargo’s woes come at troubling time for US banks

The lender is facing new issues just as concerns about the financial sector are rising

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Wells Fargo’s woes come at troubling time for US banks

EU bale-out rules, RBS money laundering probe and financial crisis fines

Caroline Binham and guests discuss EU rules on winding down banks, RBS’s Brexit plans and a money laundering probe and how much banks have paid since the financial crisis ten years ago. With special guest Anna Bradshaw of the law firm Peters & Peters.

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EU bale-out rules, RBS money laundering probe and financial crisis fines

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