Stewarts | United Kingdom | 15 Aug 2023
Former NatWest CEO Alison Rose resigned her position last month having admitted to a “serious error of judgement” in discussing Coutts’ customer…
Lexology PRO | China, Finland, France, etc. | 29 Mar 2023
Key updates on employers’ obligations to protect pregnant employees, including the UK Protection from Redundancy Bill, the US Pregnant Workers Fairness Act and new anti-discrimination provisions in China and Malaysia.
Lexology PRO | European Union, Thailand, United Kingdom | 13 Jan 2023
The UK PRA sets out its 2023 supervisory priorities, the EBA uncovers disparities in PSDII assessment, and the UK establishes a new forum for digital currencies – plus other key updates.
Lexology PRO | Asia-Pacific, Australia, Canada, etc. | 22 Sep 2022
Germany permits short-term cooperation to address gas shortages, the European General Court upholds Google’s €4.125 billion abuse of dominance fine, and Italy’s competition law amendments enter into force – plus other key updates.
Lexology PRO | European Union, Global, Switzerland, etc. | 6 Jul 2022
A long-standing class action against Deutsche Bank and NatWest over allegations of a conspiracy to fix Swiss franc Libor is set to conclude, as a New York federal court approves a settlement in a class action lawsuit revolving around LIBOR manipulation scandals.
Lexology PRO | Estonia, European Union, Global, etc. | 19 Jan 2022
The UK plans to regulate cryptoasset advertisements, Estonia introduces AML legislation targeting cryptocurrency exchanges, and the European Banking Authority warns that de-risking hurts commercialism in financial institutions – plus other key updates.
Lexology PRO | Cyprus, Netherlands, OECD, etc. | 22 Dec 2021
The US plans to modernise its AML/CTF regime, UK directors now face significant risks for dissolving companies to avoid their liabilities, and NatWest is fined £264.8 million for AML failures – plus other key updates.
Lexology PRO | United Kingdom | 10 Nov 2021
The UK financial regulator has opened over a dozen investigations in the past year into whether banks have done enough to prevent the flow of dirty money.
Lexology PRO | Australia, Canada, European Union, etc. | 26 Oct 2021
Tips for companies on how to manage liability for the misconduct of a subsidiary or other business partners, according to recent guidance, case law and regulatory updates.
Lexology PRO | United Kingdom | 7 Oct 2021
The bank faces the highest-ever AML fine in the UK in the FCA’s first criminal prosecution under its 2007 money laundering regulations.