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News

More trustees take action to protect savers

More trustees are negotiating higher employer pension contributions following increased communications from The Pensions Regulator (TPR). A report shows more than half of lay and professional trustees surveyed said letters from TPR reminding them about their responsibilities helped them ensure the pension scheme is treated fairly. While the increased communications are ongoing, early indications show [...]

February 20th, 2020|Comments Off on More trustees take action to protect savers

EU invests more than €100 million in new LIFE Programme projects to promote a green and climate-neutral Europe

The European Commission has announced an investment of €101.2 million for the latest projects under the LIFE programme for the Environment and Climate Action. The funding will support 10 large-scale environment and climate projects in nine Member States, helping Europe's transition to a sustainable economy and climate neutrality. Theseprojects are located in Cyprus, Estonia, France, [...]

February 19th, 2020|Comments Off on EU invests more than €100 million in new LIFE Programme projects to promote a green and climate-neutral Europe

Working group on euro risk-free rates issues recommendations to support smooth transfer of EONIA’s liquidity to €STR

Working group issues recommendations for a seamless transition from EONIA to €STR products; All stakeholders should be made aware that EONIA-linked contracts with maturities beyond 3 January 2022 entail significant risks; Report supplements earlier report of the working group from August 2019. The private sector working group on euro risk-free rates has published a report on the [...]

February 19th, 2020|Comments Off on Working group on euro risk-free rates issues recommendations to support smooth transfer of EONIA’s liquidity to €STR

The Gambling Commission has undertaken a Licence review under s116 of the Gambling Act 2005 into Triplebet Limited

Information notice. The Gambling Commission has undertaken a Licence review under s116 of the Gambling Act 2005 (“the Act”) into Triplebet Limited t/a Matchbook (operating licence no 039504-R-319407-011). Pursuant to section 118(2) of the Act, the Commission has determined to suspend the above operating licence insofar as it pertains to the operator’s ability to offer [...]

February 19th, 2020|Comments Off on The Gambling Commission has undertaken a Licence review under s116 of the Gambling Act 2005 into Triplebet Limited

ESMA finds continued high risks as financial markets remain highly volatile

The European Securities and Markets Authority (ESMA), the EU’s securities regulator, publishes the first Trends, Risks and Vulnerabilities (TRV) report of 2020. ESMA identifies continued high risks and a weaker economic outlook as markets remain highly sensitive to geopolitical events. The risk outlook is stable, however risks are high, particularly in the securities markets and for [...]

February 19th, 2020|Comments Off on ESMA finds continued high risks as financial markets remain highly volatile

Former company director convicted of making false statements to ASIC

Mr Glenn Arthur Hawes of Denham, WA has been convicted for making false and misleading statements in documents lodged with Australian Securities & Investments Commission (ASIC). Mr Hawes is a former director of Allison (Aust) Pty Ltd ACN 056 940 437 (Allison), a business involved in marine services. In June 2015, Mr Hawes lodged a [...]

February 19th, 2020|Comments Off on Former company director convicted of making false statements to ASIC