The PRA and FCA have both published Consultation Papers on their respective approaches to ring-fencing transfer schemes (RFTS) as part of the implementation of the ring-fencing regime.
Over two years since the European Union (EU) adopted new rules on remuneration via CRD IV, credit institutions and investment firms are now preparing for their application.
The Enterprise Bill which had its first reading in the House of Lords on 16 September proposes an amendment to the Insurance Act 2015 to enable insureds to claim damages for late payment of insurance claims.
On September 16, 2015 the Federal Court of Canada released the well written decision of the Honourable Luc Martineau in the case of Virginia Hillis and Gwendolyn Louise Deegan v. the Attorney General of Canada and the Minister of National Revenue.
Even after a class action settles, disputes may arise that require the intervention of the court.
Often the determination of what type of entity to acquire a business with is driven by the most tax efficient structure. Here we will review some of the most commonly used entities and how amounts that are extracted from a business by those entities are taxed in Canada.
The FCA has published Feedback Statement 15/4: Terms and definitions for services which are linked to payment accounts and subject to fees (FS15/4).
One of the key recommendations from the 2013 Liquor Policy Review Final Report in BC was that liquor should be made available in grocery stores.
On Wednesday 9 September, the Board of Supervisors (BoS) of the European Banking Authority (EBA), which brings together the banking supervisors of all 28 EU Member States, confirmed the extension of the mandates of Andrea Enria and Adam Farkas.