09/12/2019
The huge provisions show how banks in Britain are still battling with the legacy of the scandal, even after the Aug. 29 deadline for consumers to complain, as a rush of customer enquiries in the run-up to that date forced them to set aside more compensati
09/12/2019
The Commission de Surveillance du Secteur Financier (CSSF) warned that unless firms submitted a notification to them by the deadline, they would be considered as ‘third-country entities’.
09/12/2019
With average salaries these days for top premiership players easily surpassing £5m per year, sporting testimonials are now more symbolic.
09/12/2019
In the two quarters, equity funds faced €54 billion of outflows, while multiasset funds saw €16 billion in outflows.
09/11/2019
ECB expected to cut deposit rate to at least minus 0.5%
09/11/2019
Speaking to lawmakers during a general budget debate in the lower house of parliament, Scholz said Germany was in a position to do more if an economic crisis hits thanks to its solid budget planning and rigid policy of not taking on new debt.
09/11/2019
Cologne prosecutors confirmed they were conducting activities in the matter on Tuesday, without saying where or at what banks.
09/11/2019
And perhaps we should consider whether the fence poles are in the right place or whether we have fenced in some areas too much.
09/11/2019
EU’s new treatment of bank software assets is partly a response to global competitive pressures
09/11/2019
How the legal institutes differ under Maltese law
09/11/2019
EU court’s binding ruling expected in next four to six months
09/11/2019
But the actual number of upheld complaints remains unchanged.
09/10/2019
UK Finance said the report – compiled with law firm Ashurst and based on a survey of 60 senior managers across 25 banking institutions – showed that banks are now more cautious about taking risks and are committed to implementing SMCR.
09/10/2019
The Investing in Women Code is a commitment by financial services firms to improving female entrepreneurs’ access to tools, resources and finance.
09/10/2019
The information that must be included in an Expert Fund's offer document (including the specified form of investment warning to be acknowledged in writing by investors) is set out in the Jersey Expert Fund Guide.
09/10/2019
London law firm continues on acquisition trail
The merger will strengthen Private Client and Real Estate practices and represents around £1.6 million of additional fee income for the firm.
09/09/2019
While the European Banking Authority closed an investigation into potential breaches of EU law earlier this year, a leaked report later showed that the regulator’s staff found a number of shortcomings by Danish and Estonian authorities.
09/09/2019
Financial watchdog has been consulting privately with asset managers following high-profile fund suspensions
09/09/2019
The 2019 edition received more than 8,000 entries, resulting in recommendations for 293 'Global Elite' lawyers and 136 'Ones to Watch'.
09/09/2019
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.