Failed London Capital & Finance was Ponzi scheme, High Court rules
By Kirstin Ridley LONDON (Reuters) -British investment firm London Capital & Finance (LCF), whose failure in 2019 triggered ...
House vote instructs DiZoglio to instead pick independent auditor
The House on Thursday moved to overhaul audits of the chamber’s business after voters overwhelmingly said the state auditor ...
‘Britain’s Bernie Madoff’ ran country’s biggest ever Ponzi scheme
A group of men ran what is thought to be Britain’s biggest ever Ponzi scheme, the High Court has ruled, in a case that saw ...
Pensions&Investments2h
Chancellor bets on deregulation, green finance to boost U.K.'s standing as a global financial powerhouse
Deregulation and green finance are at the heart of Chancellor of the Exchequer Rachel Reeves’ plan to secure the U.K.’s ...
Reeves pledges to rip up red tape as post-2008 crash regulation ‘gone too far’
Speaking in the City of London, the Chancellor is expected to announce a package of reforms aimed at driving competition ...
Rachel Reeves unveils "pro-growth" shake-up of excessive City regulation and red tape
Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision ...
JD Supra4h
SEC Charges Invesco Advisers for Making Misleading ESG Claims
On November 8, 2024, the U.S. Securities and Exchange Commission (“SEC”) announced a settled enforcement action (the “SEC Order”) against ...
LBC5h
Rachel Reeves to 'rip up financial red tape' with pension 'mega funds' freeing up £80 billion for investment
Ms Reeves has written to the Financial Conduct Authority, Prudential Regulation Committee, Financial Policy Committee and ...
Rachel Reeves vows to tear up red tape for the City as she claims regulation after the 2008 financial crash has 'gone too far'
The Chancellor, in her first Mansion House speech tonight, will say rule changes in the wake of the global banking meltdown ...
cryptonews6h
UK to Introduce Stablecoin Regulations and Exempt Staking Services: Report
The UK government plans to introduce new laws for stablecoins and staking as part of its broader UK crypto regulation ...
Investment Week6h
IA denies House of Lords claims of conspiratorial nature in members meeting about cost disclosure
The Investment Association has denied claims made by a House of Lords member that it deliberately chose to interpret cost disclosure reforms in a way that disadvantages the closed-ended fund sector ...
The Banker7h
FCA admits its cost analysis of ‘name and shame’ proposals is ‘challenging’
The Financial Conduct Authority is finding it “challenging” to pull together a cost-benefit analysis of its controversial proposals to ‘name and shame’ firms under investigation, amid pressure to ...