01/16/2020
Double Jeopardy: Breach of Sanctions or Contract?
Lamesa sought to argue that the risk of secondary sanction was not an express prohibition and that "mandatory" should mean "compulsory".
Legal, Regulation & Compliance
01/16/2020
Next steps for LIBOR transition in 2020: the time to act is now
This is a critical year for LIBOR transition.
01/15/2020
Credit Suisse release Official Statement After Roger Federer Controversy
Recently, Credit Suisse declared that it would no longer finance coal-fired power plants. - Singling out Credit Suisse among global banks is misleading and uncalled for.
01/15/2020
GAM partners with SimCorp to consolidate its operating platform
The transfer of current front office systems to SimCorp will be seamless for clients and they will benefit from an improved client reporting experience from GAM.
01/15/2020
a.s.r. and Van Lanschot Kempen to enter into a partnership agreement for a.s.r.’s investment accounts
This partnership is the final step for a.s.r. in the phasing out of its banking activities.
01/15/2020
Former BHS owner ordered to pay £9.5m to pension schemes
Dominic Chappell told court he was facing bankruptcy and unable to pay fine or shortfall
01/15/2020
French Climate Stress Tests for Financiers to Be Anonymous
Central banks are trying to design stress tests as they increasingly view climate risks as financial risks, while at the same time not adding to uncertainty for the sector.
01/15/2020
Swiss National Bank under rising pressure after five years of negative rates
But those policies now face opposition from an unusual alliance of left- and right-wing politicians, as well as growing criticism from the powerful financial sector.
01/15/2020
AML fines in 2019 breach $8 billion
Last year could have been a record
01/15/2020
FCA RDR/FAMR evaluation update
We have commissioned qualitative research on how consumers interact with the market.
01/15/2020
FSCS declares IFA firm Blackstar Wealth Management in default
146 FSCS claims
01/15/2020
France blacklists BVI and Bahamas as non-cooperative tax havens
France has blamed the jurisdictions' deficiencies in the exchange of tax information for the listing, stating that French tax authorities were unable to obtain the requested information.
01/14/2020
EBA report identifies key challenges in the roll out of Big Data and Advanced Analytics
The EBA will continue monitoring the developments in line with the pace of employment of new technologies in financial services
01/14/2020
What’s on the horizon for pensions litigation in 2020?
These new powers, which may come into force later this year, are intended to support the Regulator’s tougher approach to pensions regulation.
01/14/2020
Leeds businessman subject to first "McMafia" order over alleged links to organised crime has £1.13m frozen
The UWO against Mr Hussain was the first to be solely based on alleged links to organised crime.
01/14/2020
Luxembourg’s financial crime watchdog bemoans lack of firepower
The fight against money laundering and the financing of terrorism is constantly evolving.
01/14/2020
FCA to return £2.5m to UCIS ‘land banking’ victims
The FCA said these schemes involved the unlawful selling of land plots.
01/14/2020
Govt warns on fraudulent CMCs targeting investors
The government also warned paying a fee would not make an investor a “priority creditor”
01/14/2020
FCA multi-firm review: asset management portfolio tools
These firms should consider our findings and how they apply to their own organisations.
01/14/2020
GAM signs long-term licence deal with SimCorp
The new licence agreement builds on a trusted and long-standing relationship with SimCorp.