July 2024 - cypherpunks - lists.cpunks.org

Revolut Gets UK Banking License To Permit Expansion
by Gunnar Larson 26 Jul '24

26 Jul '24

Revolut Gets UK Banking License To Permit Expansion <https://www.law360.co.uk/financial-services-uk/articles/1861917?nl_pk=a94fc…> By Sam Tabahriti An online banking subsidiary of Revolut Group Holdings Ltd. has been granted a U.K. banking license, allowing it to expand its financial services and potentially offer customers in Britain traditional banking products such as loans and savings accounts, the lender said Thursday. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861917?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861917?nl_pk=a94fc…>

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Labour Gov't Faces 'Tricky Balancing Act' On Policy Priorities
by Gunnar Larson 26 Jul '24

26 Jul '24

Labour Gov't Faces 'Tricky Balancing Act' On Policy Priorities <https://www.law360.co.uk/financial-services-uk/articles/1861952?nl_pk=a94fc…> By Joel Poultney The Labour government faces a "tricky balancing act" in implementing policies that meet the financial needs of different generations, pensions provider Aegon said Thursday, Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861952?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861952?nl_pk=a94fc…>

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Belgium Taken To EU Court Over Deposit Exemption Rules
by Gunnar Larson 26 Jul '24

26 Jul '24

Belgium Taken To EU Court Over Deposit Exemption Rules <https://www.law360.co.uk/financial-services-uk/articles/1861975?nl_pk=a94fc…> By Todd Buell The European Union's executive branch said Thursday that it is taking Belgium to court alleging that the country's system of exempting remuneration of savings deposits from tax violates EU law. 1 document attached | Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861975?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861975?nl_pk=a94fc…>

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Natwest Seeks €155M Swap Funds From Dutch Mortgage Co.
by Gunnar Larson 26 Jul '24

26 Jul '24

Natwest Seeks €155M Swap Funds From Dutch Mortgage Co. <https://www.law360.co.uk/financial-services-uk/articles/1861974?nl_pk=a94fc…> By Ronan Barnard NatWest's investment banking arm, which alleges a Dutch financial services company owes it €155 million ($168.3 million) under deeds in swaps transactions, argued at the opening of a London trial Thursday that the company wrongly relied on contractual terms to delay payment. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861974?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861974?nl_pk=a94fc…>

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Coinbase Unit Fined £3.5M For Crypto-Related Breaches
by Gunnar Larson 26 Jul '24

26 Jul '24

Coinbase Unit Fined £3.5M For Crypto-Related Breaches <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc…> By Alex Davidson The Financial Conduct Authority said Thursday it has fined a payments company £3.5 million ($4.5 million) for "repeatedly breaching" restrictions against enabling crypto-asset trading, the first time the watchdog has taken enforcement action under regulations governing electronic money. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc…>

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FCA Consumer Duty Deadline May Spark Clash With UK Gov't
by Gunnar Larson 26 Jul '24

26 Jul '24

FCA Consumer Duty Deadline May Spark Clash With UK Gov't <https://www.law360.co.uk/financial-services-uk/articles/1859971?nl_pk=a94fc…> By Alex Davidson The new Labour government and the Financial Conduct Authority could be heading for a clash over what constitutes a vulnerable consumer and how the laws protecting them from abuse should be enforced. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1859971?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1859971?nl_pk=a94fc…>

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Harvard Vow To Tackle Antisemitism Can't Nix Suit, Court Told
by Gunnar Larson 25 Jul '24

25 Jul '24

Harvard Vow To Tackle Antisemitism Can't Nix Suit, Court Told <https://www.law360.com/delaware/articles/1861367?nl_pk=8f2e5a76-bb66-462b-a…> By Julie Manganis Harvard University's arguments to dismiss claims it fails to protect Jewish students from antisemitic intimidation and threats boil down to telling the plaintiffs "cool your jets" while the school tries to address the issue, a lawyer for the students told a Massachusetts federal judge Wednesday. Read full article » <https://www.law360.com/delaware/articles/1861367?nl_pk=8f2e5a76-bb66-462b-a…> | Save to favorites » <https://www.law360.com/delaware/articles/1861367?nl_pk=8f2e5a76-bb66-462b-a…>

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NJ Atty Suspended For Using Client Funds From RICO Cases
by Gunnar Larson 25 Jul '24

25 Jul '24

NJ Atty Suspended For Using Client Funds From RICO Cases <https://www.law360.com/legalethics/articles/1861408?nl_pk=153d4a8a-6fb9-4a5…> By Rachel Rippetoe The New Jersey Supreme Court this week issued a three-year suspension against an attorney accused of misusing client funds from a racketeering case to buy a new computer system and pay his wife for paralegal services. 2 documents attached | Read full article » <https://www.law360.com/legalethics/articles/1861408?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1861408?nl_pk=153d4a8a-6fb9-4a5…>

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Ex-US Army Worker Gets 15 Years For $109M Fraud Scheme
by Gunnar Larson 25 Jul '24

25 Jul '24

Ex-US Army Worker Gets 15 Years For $109M Fraud Scheme <https://www.law360.com/governmentcontracts/articles/1861737?nl_pk=4126fe73-…> By Rae Ann Varona A former U.S. Army civilian employee will spend 15 years in prison for stealing nearly $109 million from a grant program meant for military dependents and their families to buy a fleet of luxury vehicles, jewelry and houses, federal prosecutors announced. Read full article » <https://www.law360.com/governmentcontracts/articles/1861737?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1861737?nl_pk=4126fe73-…>

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Boeing, DOJ Finalize 737 Max Plea Deal
by Gunnar Larson 25 Jul '24

25 Jul '24

Boeing, DOJ Finalize 737 Max Plea Deal <https://www.law360.com/governmentcontracts/articles/1861895?nl_pk=4126fe73-…> By Lauren Berg The Boeing Co. has finalized its agreement to plead guilty to conspiring to defraud safety regulators about the 737 Max 8's development, avoiding a criminal trial over a pair of deadly crashes in 2018 and 2019, according to a U.S. Department of Justice court filing Wednesday evening. 1 document attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1861895?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1861895?nl_pk=4126fe73-…>

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