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Fintech Horizons - March 2016

In this issue: Safe Harbour 2.0: the EU/US Privacy Shield; the new General Data Protection Regulation; virtual currencies - regulatory creep; time to review your whistleblowing policies
08 March 2016

Publication

General Themes from our RegTech Roundtable with the FCA

Following the FCA’s recent Call for Input on supporting the development of RegTech we give a high level overview of some of the key themes which arose from our roundtable discussion with the FCA.
08 March 2016

Publication

FCA confirms that bonus cap will not apply to smaller firms

For Level 3 financial services firms, the PRA and FCA have confirmed in a joint statement issued 29 February 2016 that they will not require these smaller firms to apply the ‘bonus cap’.
08 March 2016

Publication

Virtual currencies - regulatory creep

We look at how virtual currencies may be affected by proposals by the Council of the EU for the Commission to amend the 4th Anti-Money Laundering Directive and the 2nd Payment Services Directive.
08 March 2016

Publication

REWARD - Gender pay reporting

Caroline Harwood, director of incentives and Annelise Tracy Phillips, senior employment lawyer at Burges Salmon, review the draft Gender Pay Information Regulations.
08 March 2016

Alignment of NIC and income tax - OTS recommendations

The Office for Tax Simplification's findings following a review of the possibility of aligning income tax and NIC with a view to modernising and simplifying the system.
08 March 2016

Publication

European Central Bank plans system for bank transfers by email address or phone number

Similar to the UK’s Paym, this would facilitate faster and easier Person-to-Person bank transfers with consumers exchanging phone numbers and allowing bank account details to remain secret.
08 March 2016

Press release

Burges Salmon advises the RAC on vehicle diagnostics acquisition

Burges Salmon has advised breakdown and motoring services specialist the RAC on its acquisition of vehicle diagnostics specialists Nebula Systems.
07 March 2016

Publication

Food, Farming and Land Quarterly - Spring 2016

In the latest edition of Food, Farming and Land Quarterly, we report from the Oxford Farming Conference 2016 on the Brexit debate and the application of science and entrepreneurship to farming.
07 March 2016

Reforming the Capacity Market

On 1 March 2016, DECC announced proposals to reform the Capacity Market. What are they?
07 March 2016

Press release

Burges Salmon shortlisted as Law Firm of Year at Citywealth Magic Circle Awards 2016

The Private Client team from Burges Salmon has been shortlisted in the Law Firm of the Year – London category at the forthcoming Citywealth Magic Circle Awards 2016.
07 March 2016

Are you ready for Phase 2 of REMIT?

REMIT introduces for the first time a European framework for monitoring trading activity in the wholesale electricity market and wholesale gas market.
04 March 2016

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