UK
Relationship reset confirmed between London and Brussels at 1st UK-EU Summit
The UK and the EU have announced a new agreement governing the relationship between the jurisdictions, some nine years after the Brexit referendum split the two apart. According to the UK government statement on the agreement, which follows the first ever UK-EU Summit, it is intended to “support British businesses, back British jobs, and put […]
Investment | 31 Jul 24
FCA restricts wealth manager amid some client fees exceeding 65% of portfolio value
The firm had also transferred £1.3m from its bank account throughout the FCA’s ongoing enquiries
Revolut gains UK banking licence in ‘important milestone’
Revolut said in the statement that it now enters the ‘mobilisation’ stage
Regulation | 17 Jul 24
Experts react to surprise UK pensions bill in today’s King’s speech
A wide-ranging Pensions Review to tax reliefs, the state pension and advice/guidance is in prospect
National Crime Agency recovers £5.8m linked to international money laundering network
Funds moved from complex network of UK accounts with majority switched on to accounts in Hong Kong and Taiwan