Visa and Mastercard can exclude swaths of merchants from collective proceedings over the fees they charge, the Competition Appeal Tribunal has ruled, finding that several categories of claimants were too late to sign up to the class.
Visa and Mastercard can exclude swaths of merchants from collective proceedings over the fees they charge, the Competition Appeal Tribunal has ruled, finding that several categories of claimants were too late to sign up to the class.
Legal and accountancy professional bodies are failing to adequately enforce anti-money laundering rules for their member firms, a unit within the Financial Conduct Authority warned Tuesday.
The Financial Conduct Authority said Tuesday that it will review the listing rules that investment funds must follow when they decide to float in London after receiving resistance from the industry.
Regulators must refine planned new rules to strengthen oversight of the U.K.'s defined contribution pension programs as some proposals could dilute accountability and undermine member outcomes, TPT Retirement Solutions said Tuesday.
Retirement savings consultancy Broadstone said Tuesday that it has agreed to acquire another consultancy that advises on financial services in a move to expand its banking and credit advisory services.
U.S. specialist finance group BasePoint Capital said Tuesday that the number of shares backing its £543 million ($723 million) takeover offer for lender International Personal Finance has dropped.
DLA Piper has brought on three former Akin Gump Strauss Hauer & Feld LLP finance partners, one of whom was tapped to lead its new cross-border, multidisciplinary global capital solutions team.
