Extend right to manage to all leaseholders, says Law Society

Moves to make it easier for leaseholders to take control of their freeholds through Right to Manage have been broadly welcomed by the Law Society of England and Wales, in response to the Law Commission consultation today. The government asked the Law Commission to review right to manage ('RTM') legislation to make it simpler, quicker and more accessible for … Continue reading Extend right to manage to all leaseholders, says Law Society

The European Commission opens a debate to strengthen the rule of law in the EU

The European Commission is launching a reflection process on the rule of law in the European Union and setting out possible avenues for future action. The Communication presented today takes stock of the available tools to monitor, assess, and protect the rule of law in the Union. It also looks back at the experience of … Continue reading The European Commission opens a debate to strengthen the rule of law in the EU

Vulnerable patients at great risk under new laws

300,000 people with conditions such as Alzheimer’s, autism or learning disabilities will see their rights - specifically their right to liberty - stripped back every year by imminent changes to the Mental Capacity Act, the Law Society of England and Wales said as the government prepared to push legislation through its final parliamentary stages (26 … Continue reading Vulnerable patients at great risk under new laws

Auditors publish report on SRB’s, Commission’s and Council’s contingent liabilities

The Single Resolution Board (SRB) and the European Commission should continuously assess their financial risks and accounting thereof, arising from contingent liabilities related to bank-resolution lawsuits as from their 2018 accounts, according to a new report by the European Court of Auditors. The auditors reviewed the possible obligations of the SRB, Commission and Council arising … Continue reading Auditors publish report on SRB’s, Commission’s and Council’s contingent liabilities

Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

The Commission proposed today to further strengthen the supervision of EU financial institutions to better address money-laundering and terrorist financing threats. While the EU has strong anti-money laundering rules in place, recent cases involving money laundering in some EU banks have raised concerns that those rules are not always supervised and enforced effectively across the … Continue reading Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

Innovative Securities: Higher Risks May Come in 2018

We are living in the decade of bullish markets. Because of record returns (and low interest rates) retail money floods the market. What could next year hold for the investors after all this? Innovative Securities' prognosis tries to answer. In 2017, the already expensive stocks (and other instruments) became even more expensive, reminds Innovative Securities, … Continue reading Innovative Securities: Higher Risks May Come in 2018