http://www.out-law.com/en/ Latest legal news on banking & restructuring from OUT-LAW.COM, part of international law firm Pinsent Masons en-gb Pinsent Masons LLP Sat, 11 Feb 2012 10:29:39 Z http://www.out-law.com/en/articles/2012/february/nhs-trusts-could-receive-government-support-to-meet-pfi-debts/ http://www.out-law.com/en/articles/2012/february/nhs-trusts-could-receive-government-support-to-meet-pfi-debts/ Banking & Restructuring Seven NHS hospital trusts struggling to repay their debts under private finance initiative (PFI) arrangements will receive financial support from the Government if they meet certain criteria, the Department of Health has announced. Tue, 07 Feb 2012 16:00:00 Z http://www.out-law.com/en/articles/2012/february/funding-increase-of-15-for-fsa-could-be-passed-to-consumers-abi-warns/ http://www.out-law.com/en/articles/2012/february/funding-increase-of-15-for-fsa-could-be-passed-to-consumers-abi-warns/ Banking & Restructuring A "massive increase" in regulatory fees proposed by the Financial Services Authority (FSA) to cover its programme of work for 2012/13 will inevitably be passed on to small companies and private customers, an industry body has warned. Mon, 06 Feb 2012 12:02:00 Z http://www.out-law.com/en/articles/2012/february/default-rate-on-pfi-loans-lower-than-on-general-infrastructure-moodys-says/ http://www.out-law.com/en/articles/2012/february/default-rate-on-pfi-loans-lower-than-on-general-infrastructure-moodys-says/ Banking & Restructuring Infrastructure projects funded under public private partnership (PPP) and private finance initiative (PFI) models are less likely to default on their loans, according to credit rating agency Moody's. Thu, 02 Feb 2012 12:48:00 Z http://www.out-law.com/en/articles/2012/february/tax-break-for-shareholders-of-dissolved-companies-to-be-made-less-favourable/ http://www.out-law.com/en/articles/2012/february/tax-break-for-shareholders-of-dissolved-companies-to-be-made-less-favourable/ Banking & Restructuring A tax break for those who receive a company's assets when it is dissolved will be made less favourable when the current concessionary treatment is given legal status from March under plans published by HM Revenue and Customs (HMRC). Wed, 01 Feb 2012 13:54:00 Z http://www.out-law.com/en/articles/2012/january-/itv-must-fund-rental-business-pension-scheme-deficit-regulator-says/ http://www.out-law.com/en/articles/2012/january-/itv-must-fund-rental-business-pension-scheme-deficit-regulator-says/ Banking & Restructuring Media company ITV plc is appealing a decision requiring it to fund the £62 million pension fund deficit of a TV rental business it was never involved in, according to the law firm representing the scheme's trustees. Mon, 30 Jan 2012 14:26:00 Z http://www.out-law.com/en/articles/2012/january-/details-of-new-bank-of-england-financial-regulatory-powers-published/ http://www.out-law.com/en/articles/2012/january-/details-of-new-bank-of-england-financial-regulatory-powers-published/ Banking & Restructuring The Government has published draft laws which will return responsibility for regulation of the financial services sector to the Bank of England. Fri, 27 Jan 2012 14:17:00 Z http://www.out-law.com/en/articles/2012/january-/proposed-changes-to-pre-pack-insolvency-sales-regulation-dropped-by-government/ http://www.out-law.com/en/articles/2012/january-/proposed-changes-to-pre-pack-insolvency-sales-regulation-dropped-by-government/ Banking & Restructuring The Government has scrapped proposed plans to change the rules around pre-packaged insolvency sales. Thu, 26 Jan 2012 16:12:00 Z http://www.out-law.com/en/articles/2012/january-/saudi-arabia-to-allow-listing-of-foreign-shares-on-its-stock-exchange/ http://www.out-law.com/en/articles/2012/january-/saudi-arabia-to-allow-listing-of-foreign-shares-on-its-stock-exchange/ Banking & Restructuring Foreign companies will be able to list their shares on Saudi Arabia's stock exchange, its regulator has said. Thu, 26 Jan 2012 11:47:00 Z http://www.out-law.com/en/articles/2012/january-/banks-proposed-oversight-committee-must-be-able-to-examine-policy-decisions-mps-say/ http://www.out-law.com/en/articles/2012/january-/banks-proposed-oversight-committee-must-be-able-to-examine-policy-decisions-mps-say/ Banking & Restructuring A new supervisory body intended to increase the Bank of England's accountability to Parliament when it takes on new financial regulation responsibilities must be more powerful than in current Bank proposals, a committee of MPs has said. Mon, 23 Jan 2012 13:02:00 Z http://www.out-law.com/en/articles/2012/january-/bank-of-englands-accountability-proposals-do-not-go-far-enough-mps-say/ http://www.out-law.com/en/articles/2012/january-/bank-of-englands-accountability-proposals-do-not-go-far-enough-mps-say/ Banking & Restructuring Bank of England proposals to prevent abuse of sweeping new powers due to be introduced as part of a review of financial services regulation in the UK "fall short" of what is needed, the chairman of the House of Commons' Treasury Committee has said. Wed, 18 Jan 2012 16:09:00 Z