09/10/2020
Licences of two law firms revoked over anti-money laundering failures
The unit has already been informed about the two firms whose licences have been revoked.
Legal, Regulation & Compliance
09/10/2020
Regulators investigate elite London law firm
Solicitors Regulation Authority has spent at least two years scrutinising firm
09/10/2020
Carey Olsen acts in London property deal
Carey Olsen advises Singapore real estate investment company on first London property acquisition
09/10/2020
ETFs make ESG transparent
Inevitably panic will set in and we will soon see a huge increase in demand for clarity through marketing materials, better education on the topic and greater interest in the investable universe.
09/09/2020
Collective Litigation – understanding the costs risks
It remains the case that collective litigation in England is usually conducted on an opt-in basis, meaning that the individual claimants have to elect to participate in the claim.
09/09/2020
Three Carey Olsen lawyers make shortlist for Citywealth Future Leaders Awards
Winners will be chosen by a panel of wealth management professionals, with an online public vote carrying a 10 per cent weighting in the judges' final decision.
09/09/2020
FCA releases new general insurance value measures data
The FCA intends that the value measures data will provide common indicators of value across a range of insurance products.
09/09/2020
EU Regulators Eye Updating Antitrust Rules For eCommerce
In another move targeting Big Tech, the EU is also looking at the issue of limiting “unfair contract terms,” which could target Amazon's dual status as a marketplace for merchants as well as a competitor.
09/09/2020
EU Regulators Eye Updating Antitrust Rules For eCommerce
The new rules, under the Digital Services Act (DSA), could force Big Tech firms like Google to offer data access to smaller firms and abide by reasonable, standardized and non-discriminatory terms.
09/09/2020
Bank branch staff helped prevent £19m-worth of fraud in first half of 2020
A range of scams attempting to trick elderly and vulnerable customers into withdrawing cash from their branch have been prevented, including courier scams, romance fraud and rogue traders.
09/09/2020
UK anti-fraud chief defends her record after judge’s criticism
Lisa Osofsky and Serious Fraud Office face review into texts with suspects’ agent as criticism mounts over drop in number of investigations
09/09/2020
EU FinCrime Chief Eager to Crack Down on Money Laundering
However, with a centralized unit, increased communication between financial authorities through the Union should go a long way.
09/09/2020
PGIM Fixed Income hires inaugural head of ESG research
PGIM Fixed Income has appointed Eugenia Unanyants-Jackson to the newly created role of head of environmental, social & governance (ESG) research, effective immediately.
09/09/2020
Squire Patton Boggs makes double partner hire from HFW and Eversheds Sutherland
Jayson Marks and David Milne join the firm in London and Leeds respectively
09/09/2020
Furlough scheme update: changes from September 2020
Key changes to the CJRS, and the impact on pensions
09/09/2020
Legal Guide to Pre-Enforcement Steps Under Jersey and Guernsey Law
Given the popularity of Jersey and Guernsey holding structures for investment into the UK, secured creditors with exposure to such structures will need legal advice in those jurisdictions where enforcement strategies are being considered.
09/09/2020
The Financial “Plumbing” Committee: from Plumbing to Policy
Pre-crisis, no single authority had the mandate or tools to look after the stability of the financial system as a whole.
09/09/2020
BAI criticizes EU proposal on ESG disclosure for financial products
Find out why the new regulatory standards on ESG proposed by the EU are not welcomed by the investment industry in Germany and read the latest business news with the Born2Invest mobile app.
09/08/2020
Investors lose over £20m to international Ponzi fraudster
He made people believe their pensions and savings were invested in foreign exchange trading
09/08/2020
Malta gets another downgrade at crucial juncture for financial services industry
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “