11/02/2020
Lombard Bank fined €340,000 by FIAU over money laundering shortcomings
FIAU finds low level of risk assessment and enhanced due diligence for PEP and voluminous transactions at Lombard Bank
11/02/2020
Swiss authority approves Russian bank’s application to introduce a crypto-money deposit service.
Custody of crypto money will allow citizens to buy or sell their digital assets through Gazprombank.
11/01/2020
The applicable governing law applies only for succession purposes and does not affect how an estate is taxed
11/01/2020
The Irish Finance Bill 2020 has now been published and contains the legislation to implement the Irish Budget measures of 13 October 2020 and also certain new measures.
11/01/2020
The Instrument relates specifically to existing intragroup exemptions from margin between UK and third country group entities.
10/30/2020
ECB looking increasingly maxed out when it comes to “traditional” monetary policy
The ECB is looking increasingly maxed out when it comes to “traditional” monetary policy.
10/30/2020
As Aegon unveils capital gains tax calculator for advisers using its retirement choices platform
10/30/2020
Over all-expenses paid holiday with a suspect investigated for murder of investigative journalist
10/30/2020
The FCA expects relevant firms to take notice of the areas of concern set out in the letter, and to take action where appropriate.
10/30/2020
Vatican Investigators Focus on Longtime Investment Manager
In a report published Oct. 23, L’Espresso said it had obtained a letter sent from the Vatican to Switzerland highlighting alleged activities of Enrico Crasso, an Italian-born Swiss citizen.
10/30/2020
Brexit: Immigration update for EU nationals
In order to safeguard the rights of EU citizens after Brexit, the UK government introduced the EUSS.
10/30/2020
KA Deka applied for, but was denied, a refund of the withholding tax because it was unable to meet the FII shareholder and distribution requirements, including providing the identity of shareholders to the Dutch tax authorities.
10/30/2020
The man and woman were residents of North Holland’s Hilversum and the couple will face two and a half years in prison for their crimes.
10/30/2020
Turkcell is a leading integrated telecoms and technology company and is one of Turkey's most recognisable brands.
10/30/2020
The Ogier team led by partner Bertrand Géradin and senior associate Sarah Verlende acted as Luxembourg legal adviser alongside Latham & Watkins LLP.
10/29/2020
FSCS pays £1.7m in pension switching claims against IFA
Kingsway entered administration in December last year, embroiled in claims linked to work carried out by its appointed representative Pension Transfers Limited.
10/29/2020
Currently, most banks perform the activities in-house, but with complexities mounting and technologies becoming more advanced, outsourcing to specialised firms is emerging as an increasingly attractive option.
10/29/2020
The JSAs will now continue their work to effect the transfers approved under that plan.
10/29/2020
Exemptions from the financial promotion restriction allow authorised and unauthorised companies to advertise investments directly to high net worth investors without necessarily having to follow regulatory rules.
10/29/2020
Under the new law couples can be divorced within six months and once they are no longer legally married lose many of the tax breaks and benefits which are reserved exclusively for married and civil partner couples.