/financial-services-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Financial Services UK Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Wed, 25 Jun 2025 13:48:44 +0000 /financial-services-uk/articles/2357356?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357356 A sanctioned company director was convicted in a criminal court in London on Wednesday of failing to adequately respond to a request for information by the U.K.'s sanctions agency. Wed, 25 Jun 2025 12:52:48 +0000 /financial-services-uk/articles/2357308?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357308 The European Union's market watchdog advised lawmakers Wednesday to make a pilot scheme for tokenizing securities on digital ledger technology more flexible for investors and permanent. Wed, 25 Jun 2025 11:46:32 +0000 /financial-services-uk/articles/2357258?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357258 A trade body for European insurers urged the European Commission on Tuesday to streamline the bloc's potentially counter-productive rule book on cybersecurity and digital resilience to help reduce duplication as the compliance burdens on the sector increase. Wed, 25 Jun 2025 10:47:58 +0000 /financial-services-uk/articles/2357197?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357197 Global private banking group EFG International AG said Wednesday that its Australian subsidiary Shaw and Partners Financial Services has agreed to acquire 75% of New Zealand-based investment firm Investment Services Group for 67.5 million New Zealand dollars ($40.6 million). Wed, 25 Jun 2025 10:37:36 +0000 /financial-services-uk/articles/2357202?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357202 The Financial Conduct Authority suggested changes to its mortgage rules on Wednesday to make it easier to lend to first-time homebuyers and others, in a drive to boost property ownership. Wed, 25 Jun 2025 10:25:28 +0000 /financial-services-uk/articles/2355793?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2355793 The European Union and U.K.’s new sanctions on Russia, designating increasing numbers of non-Russian companies in the defense and shipping sectors, mean that organizations must examine from the outset whether a transaction has any nexus with the EU or the U.K., say lawyers at Sullivan & Cromwell. Wed, 25 Jun 2025 10:19:03 +0000 /financial-services-uk/articles/2357273?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357273 Financial and pensions advisory business Wren Sterling said Wednesday that it has acquired City Financial (Aberdeen) Ltd., expanding its presence in Scotland. Wed, 25 Jun 2025 09:11:50 +0000 /financial-services-uk/articles/2357198?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357198 Sweden's financial watchdog has fined a medical diagnostics company 12 million Swedish kronor ($1.25 million) for breaching European Union regulations on market abuse following an investigation into its handling of insider information, the company revealed on Wednesday. Wed, 25 Jun 2025 06:53:31 +0000 /financial-services-uk/articles/2357176?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2357176 Italian lender Monte dei Paschi said Wednesday that the European Central Bank has waved through its €13.3 billion ($15.4 billion) proposed takeover of rival Mediobanca SpA, ramping up consolidation in the country's banking sector. Tue, 24 Jun 2025 16:14:21 +0000 /financial-services-uk/articles/2356762?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356762 A London court on Tuesday denied Irwin Mitchell's bid to scrap a professional negligence suit against a firm it merged with in 2015, but ruled Irwin Mitchell itself is not liable for the advice given to a pensioner in the wake of alleged fraud. Tue, 24 Jun 2025 14:53:02 +0000 /financial-services-uk/articles/2350306?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2350306 A solicitor has denied fraudulently inducing a family trust into investing £5.75 million ($7.84 million) into a company he part owned that became insolvent, arguing the trust made its own assessment to become involved in the "low risk" project. Tue, 24 Jun 2025 14:18:34 +0000 /financial-services-uk/articles/2356680?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356680 A Vietnamese budget airline lost its fight to overturn a decision that it is liable to pay an investment company $181 million for failing to make aircraft leasing payments when a London court ruled Tuesday that the notices served to terminate the leasing deals were valid. Tue, 24 Jun 2025 13:48:01 +0000 /financial-services-uk/articles/2356655?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356655 Fintech company WeRealize accused J.P. Morgan on Tuesday of waging a legal "proxy war" against its directors in Greece to prevent it from purchasing the investment bank's stake in a payments startup joint venture. Tue, 24 Jun 2025 11:53:53 +0000 /financial-services-uk/articles/2356638?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356638 A London court has slashed an investment broker's recoverable costs by half to £3.3 million ($4.5 million) despite previously upholding its claim that a hedge fund and consultant took its trade secrets, ruling that the firm increased costs "at every turn." Tue, 24 Jun 2025 10:58:56 +0000 /financial-services-uk/articles/2356674?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356674 Top global financial services industry trade bodies have urged European lawmakers in its review of the Sustainable Finance Disclosure Regulation to cut duplication with other sustainability reporting rules and reflect derivatives more clearly. Tue, 24 Jun 2025 10:15:54 +0000 /financial-services-uk/articles/2355687?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2355687 The long-awaited Pension Schemes Bill recently introduced to Parliament creates a framework for harnessing money saved in U.K. workplace pension funds to grow the country’s economy, but provisions relating to local government pension scheme investment, and scale and asset allocation, are controversial, says Claire Dimmock at Squire Patton. Tue, 24 Jun 2025 07:47:38 +0000 /financial-services-uk/articles/2356618?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356618 The government has revealed Civil Service veteran Kirstin Baker as the next interim chair of Britain's retirement savings watchdog. Tue, 24 Jun 2025 06:52:39 +0000 /financial-services-uk/articles/2356625?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356625 Festina Finance, a Danish financial technology company, said it has begun fully operating its retirement savings platform for administrators of British pension plans. Mon, 23 Jun 2025 15:02:57 +0000 /financial-services-uk/articles/2356260?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2356260 Trafigura on Monday defeated a claim by a subsidiary of Dubai's Rasmala Investment Bank alleging that the commodities trader tricked it into providing $21 million to pay off another company's debts, with a London court ruling the trader was not part of the deception. Mon, 23 Jun 2025 13:24:43 +0000 /financial-services-uk/articles/2354204?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2354204 A credit provider has alleged that a Spanish real estate development group owes it more than €189 million ($218 million) over an unpaid loan, and said the group's companies have deliberately misrepresented their payment and debt obligations.