12/17/2020
Pair convicted of insider trading lose appeal
The FCA also said on occasions it could be shown that Abdel-Malek had inside information on screen whilst exchanging text messages with Choucair and a document relating to one of the deals was found by investigators during a search of her bedroom.
12/17/2020
To summarise the position, Credit Suisse AG in Zurich is thus accused of failing to take all the reasonable organisational measures that were required to prevent the offence of aggravated money laundering (Art. 305bis no. 1 and 2 SCC in conjunction with A
12/17/2020
Continued demand for both issuances has enabled us to increase their size, with the climate resilience bond up to US$ 1.1 billion from an original US$ 700 million and the transition bond up to €625 million from €500 million.
12/17/2020
Thurrock council poured taxpayers' millions into energy company that used cash to set up credit business
12/17/2020
MPC cites Covid crisis and Brexit for UK’s ‘unusually uncertain’ outlook
12/17/2020
Clauses stating that a bank’s provision of services is execution-only and non-advisory are unlikely to be contrary to the requirement of reasonableness in UCTA.
12/17/2020
The new Handbook rules and guidance will come into force on 29 December 2020.
12/16/2020
EU moves closer to protecting citizens from online defamation
It further reported that as per the legislation the companies not following the proposed EU content policies could be fined up to 6 percent of global revenues, and repeat offenders could see their platforms temporarily banned.
12/16/2020
Managing the Luxembourg voluntary liquidation process
Luxembourg also offers compelling structures. Its special purpose vehicles (SPVs), for example, have proven hugely popular with multinational private equity and real estate groups, offering huge potential for tax optimisation when they come to sell their
12/16/2020
Luxembourg Confirms Gibraltar Exclusion from the Benefit of the EU Parent Subsidiary Directive
A summary of the recent Luxembourg tax authorities decision to exclude Gibraltar companies from the benefits of the EU Parent Subsidiary Directive as of 1 January 2021.
12/16/2020
Under the full implementation of Basel III and conservative assumptions, the updated impact is meaningfully lower than previously estimated, using June 2018 data and a consistent sample.
12/16/2020
Banks in the European Union have been able to continue supporting businesses and mostly remained with strong levels of capitalisation.
12/16/2020
Financial Regulation Update
The regulator highlights that complaints volumes are at the lowest levels recorded since 2016 H2
12/16/2020
What the UK's Brexit divorce means for wealthy international couples
Let’s first talk about prenups, or postnups, and how everything is going to change upon the expiry of the transitional period.
12/16/2020
CSSF publishes passporting requirements applicable to UK investment funds and fund managers after the end of the transition period
Following the departure of the UK from the EU on 31 January 2020
12/16/2020
The new Cybersecurity Strategy aims to safeguard a global and open Internet, while at the same time offering safeguards, not only to ensure security but also to protect European values and the fundamental rights of everyone.
12/16/2020
The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done so, to withdraw their cryptoassets or money before 10 January 2021.
12/16/2020
The Statement may be subject to change in the event of a free trade agreement being reached and mutual equivalence decisions being taken.
12/15/2020
It is claimed, in Commercial Court proceedings, that CMIG Ireland has maintained an account since 2018 with BNP in Dublin solely for the purpose of receiving payments from the lessees of aircraft.
12/15/2020
Barclays has pro-actively redressed these customers, paying over £273 million to at least 1,530,000 customer accounts since 2017. The redress programme is close to completion.