Financial advisers can give scaled advice under FOFA reforms but they will need to carefully meet four key requirements.
ASX proposals will reduce the timetables for traditional rights issues and various accelerated rights issue structures.
The Brazilian Government recently issued Provisional Measure No. 615, that, among other provisions, rules on the payment arrangements and payment institutions that participate of the Brazilian Payment System, which must still be regulated by the Central Bank of Brazil in accordance with the guidelines to be established by the Brazilian Monetary Council.
The German Parliament adopted new regulatory requirements for algorithmic and high frequency trading.
The Guernsey-domiciled investment company will give investors access to a globally diversified portfolio of convertible securities from a broad range of sectors, offering income alongside the potential for long-term capital growth, the firm said.
The Central Bank of Ireland announced in April 2013 that the Deputy Governor, Matthew Elderfield, intended to step down from his position, and is due to leave the Central Bank later in the year.
A summary of the discussion on the practical implications of recently published anti-money laundering legislative proposals.
The obligation to report information on derivative transactions covers all non-financial counterparties, except for natural persons.
A summary of the new developments as reported by the FCA, the PRA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week, with links to the full documents where these are available.
With many businesses still struggling to get finance from the banks, crowdfunding is a route that many entrepreneurial businesses are considering.
A summary of the most recent financial regulatory developments.
Convergence of tax into the wider finance teams and processes means that tax isnt an add-on at the end, it's actually part of the mainstream financial close.
The FSA published its proposal to consumer credit regulation on 6 March, which sets out the approach the FCA intends to adopt for the regulation of this activity when it transitions from the Office of Fair Trading.
The Commodity Futures Trading Commission has issued final interpretive guidance on prohibitions on certain disruptive trading practices added by the Dodd-Frank Act.
The Office of Inspector General for the Department of Health and Human Services recently issued an updated Special Advisory Bulletin on the Effect of Exclusion from Participation in Federal Health Care Programs, an update that comes 13 years after publication of its initial Special Advisory Bulletin on Exclusion.
The Federal Reserve Board has adopted Regulation NN covering retail foreign exchange transactions of banks.
Recently, the SEC settled with the City of Harrisburg over violations of Rule 10b-5 in connection with material misstatements and omissions made by the City in its public statements and financial information, during a multi-year period.
The form of 2012 New Markets Tax Credit Allocation Agreement has been released by the Community Development Financial Institutions Fund.
In a decision significant for international banks doing business in New York, the Court of Appeals, New York’s highest court, unanimously held that a court cannot issue a "turnover order" against a bank.
•The guidance update makes clear that exemptive order compliance is likely to be a focus of upcoming SEC examinations.