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Rising to the occasion on private markets

During the pandemic, everybody became a home baker. You were either team banana bread or team sourdough. I went for the former. Now bread-making is

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October 29, 2024

Federal Court finds HCF Life contract term was liable to mislead the public

The Federal Court has found that a ‘pre-existing condition’ term in certain HCF Life Insurance Company Pty Ltd (HCF Life) policies was liable to mislead

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October 28, 2024

PSG SIPP Limited enters administration

PSG SIPP Limited (PSG SIPP) went into administration on 25 October 2024. Christopher Allen and Adam Stephens of Evelyn Partners have been appointed as joint

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October 28, 2024

FCA fines Kristo Käärmann £350,000 for failing to notify the FCA of significant tax issues

The FCA has fined Mr Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager

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October 28, 2024

ESMA consults on amendments to MiFID research regime

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today launched a consultation on amendments to the research provisions

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October 28, 2024

ESMA makes proposals to streamline the prospectus area and seeks stakeholder input

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published a Consultation Paper (CP) on draft technical advice

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October 28, 2024

Federal Court appoints receivers to director of ALAMMC Developments

On 22 October 2024, the Federal Court made orders appointing Helen Newman and Andrew Fielding of BDO as receivers and managers of the property of

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October 25, 2024

FCA statement on Court of Appeal judgment in Hopcraft, Johnson and Wrench

We note the Court of Appeal judgment on motor finance commission and are carefully considering its decision. In January, we introduced a pause to the

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October 25, 2024

MCI Global Investment Advisors Limited enters liquidation

On 23 October 2024, MCI Global Investments Advisors Limited entered into Creditors Voluntary Liquidation. Gareth Howarth of Path Business Recovery Limited was appointed as liquidator.

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October 25, 2024

FCA publishes results of non-financial misconduct survey

The FCA has published the results of a survey to better understand how firms record and manage allegations of non-financial misconduct. The survey of over

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October 25, 2024
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