Articles in ‘Financial Services’ Category

As part of our Financial Headwinds campaign, we’ve been talking to various people in the finance and kind of banking industry about what’s changing, what’s been happening since the interest rate rises in the…

Non-financial misconduct has long been a regulatory focus in the banking and financial services sector. In the FCA’s view this is because: “A corporate culture that tolerates sexual harassment or other non-financial misconduct is…

Following the 2008 global financial crash, and in a bid to prevent future financial crises, the EU introduced regulations to cap banker’s bonuses to two times their annual salaries. However, on 24 October 2023,…

You can also listen to our podcast on your podcast platform of choice – find it here > Hello and welcome to Legal Thinking from RWK Goodman. I’m Liam Pape. In this episode we’re…

Recently released analysis by EY of financial services M&A transactions in 2021 reveal deal volume hit 252 transactions in 2021, an increase from 134 in 2020 and representing a five year high. Growth was…

On 1st April 2013, the FSA was replaced by the FCA, PRA and FPC. 

In any financial services M&A transaction, plenty of consideration is given to the technical aspects of the deal and the regulatory, financial and legal analysis that should be undertaken by buyers as part of the transaction process. But what of the psychological aspects particularly the unconscious influences that impact decision making?

Banks continue to release funds without a Grant of Representation where the monies in question are of a low value; each bank differs in what it classes as low value with some releasing funds up to £10,000 and others willing to release funds up to £50,000 after a customer has died.