Financial Regulation

Company Tax Returns Consultation

HM Revenue & Customs has launched a consultation on modernising and standardising company tax returns. The consultation seeks feedback on proposed delivery timescales and enforcement mechanisms for prescribed content, format, and data tagging of Corporation Tax computations, as well as mandatory online filing of amendments. The consultation closes on June 2, 2026.

UK Mortgage Lending Statistics Q4 2025

The Bank of England's Q4 2025 Mortgage Lenders and Administrators Statistics show outstanding mortgage loans increased by 0.8% to £1,734.4 billion. Gross mortgage advances decreased by 1.3% to £79.4 billion, while new commitments fell by 11.9%. The share of lending with high LTV and LTI ratios increased.

BaFin Warns Trade Republic Bank Customers of Social Engineering Fraud

Germany's BaFin has issued a warning to customers of Trade Republic Bank regarding social engineering fraud. Scammers are impersonating the bank to trick customers into transferring funds to external accounts or crypto wallets. BaFin advises customers to ignore such requests and contact the bank's official in-app support.

ECB Fines Nordea Finance Finland €2.26 Million for Reporting Breaches

The European Central Bank (ECB) has imposed a €2.26 million penalty on Nordea Finance Finland Ltd for breaching reporting requirements and the large exposures limit over 13 consecutive quarters. The breaches, classified as severe, stemmed from incorrect reporting of guaranteed receivables and deficiencies in internal controls.

FRC Investigation into Accountants' Conduct re Vistry Group Plc

The UK's Financial Reporting Council (FRC) has opened an investigation into the conduct of two individual accountants concerning the financial reporting of Vistry Group Plc's South Division for the 2023 and 2024 financial years. The investigation is being conducted under the Accountancy Scheme.

Allianz Global Life Designated Activity Company Address Change

Allianz Global Life Designated Activity Company's German branch has officially changed its business address. The notification, issued by BaFin on March 9, 2026, provides the previous and new addresses in Stuttgart.

BaFin Warns of alijz(.)com Website and App

Germany's financial regulator, BaFin, has issued a warning regarding the website alijz(.)com, the app alijzspro, and associated WhatsApp groups. These entities are suspected of offering financial services without authorization, potentially misusing the identity of AL Konzept GmbH & Co. KG.

BaFin Audits Gerresheimer AG Financial Statements

Germany's BaFin has expanded an audit of Gerresheimer AG's 2023/24 financial statements and initiated a new audit of its interim financial statements as of May 31, 2025. The audits are investigating potential misstatements in risk assessments, asset impairment, revenue recognition, lease liabilities, and development costs.

BaFin Warns Consumers About europecapitalmarkets.com

Germany's financial regulator, BaFin, has issued a warning regarding the website europecapitalmarkets.com. The website is suspected of offering banking and/or financial services without the required authorization from BaFin, posing a risk to consumers.

Finance Bill 2025-26 Report Stage Explanatory Notes

HM Revenue & Customs has published explanatory notes and tax information for government amendments to the Finance Bill 2025-26 at its report stage. These notes detail changes related to the abolition of the Lifetime Allowance and tax implications for certain pension interests and umbrella companies.