Wilf Odgers

Dec 17, 2024 | jdsupra.com | Wilf Odgers

[co-authors: Caroline Jaffer and Usman Sawar]Financial services regulators are intensifying their scrutiny of non-financial misconduct (NFM) within the financial services industry. Related to this, the insurance marketplace Lloyd’s of London published a consultation paper (“Lloyd’s: A modernised framework for dealing with poor conduct and behaviours in the market”) on 12 September 2024 (the Consultation Paper) proposing extensive changes to its regulatory powers in respect to conduct matters.

Dec 11, 2024 | jdsupra.com | Wilf Odgers

1. BackgroundFinancial centres around the world have been hosts to branches and representative offices of international banks since as early as the 19th century. The term “branch” refers to a local establishment of a foreign financial institution, such as a bank. They are typically subject to local authorisation requirements. Branches have no separate legal personality from their parent entity.

Dec 4, 2024 | jdsupra.com | Sebastian Barling |Wilf Odgers |Simon Toms

[co-author: Martin Katunar]In her first comments since the July 2024 UK general election, Economic Secretary to the UK Treasury Tulip Siddiq MP delivered a speech at the Tokenisation Summit on 21 November 2024 that outlined the recently elected UK government’s approach to digital asset regulation.