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- PRA and FCA Announce Their Decision Not to Apply CRD IV Bonus Cap to Smaller Firms
PRA and FCA Announce Their Decision Not to Apply CRD IV Bonus Cap to Smaller Firms
March 2, 2016, Covington Alert
August 21, 2017, Covington Alert
The Payment Strategy Forum (“PSF”) has published a public Consultation Paper (the “Consultation”) entitled “Blueprint for the Future of UK Payments.” The PSF observes that whilst payment systems in UK are some of the best in the world, they are no longer fit for purpose, given their age and complexity. The PSF has therefore developed a New Payments Architecture, ...
July 28, 2016, Covington Alert
The UK is currently the largest financial centre in the European Union (“EU”). A large number of global financial institutions have a presence in the UK, both in order to participate in the UK financial market and also as a hub to access clients and markets across the EU. Whatever form Brexit takes, it will have an enormous impact on the financial services ...
October 12, 2015, Covington Alert