11/12/2018
In recent months, there have been stories of people who have closed their accounts rather than go through the hassle, while others had to endure the third degree from compliance officers.
11/12/2018
The Football Leaks revelations show how little the views of fans and regulators matter
11/12/2018
The firm warned that as the remit of the watchdog’s senior managers regime expands next year, the industry should expect more exclusions.
11/12/2018
Not defined as shell companies are holding companies of entities engaged in legitimate businesses and that have identifiable ultimate beneficial owners.
11/12/2018
Asset manager’s acquisition of Pioneer Investments the ‘main driver’ for streamlining the range
11/12/2018
As demand for residency or citizenship in EU member states grows, the golden visa schemes are under intense scrutiny from regulators for making it too easy for organized crime figures, tax-evaders, and people whose wealth cannot be easily explained to ge
11/12/2018
Customers and businesses threaten to turn their backs on the island amid Satabank sanctions
11/11/2018
The FCA’s final rules for the implementation of the SM&CR for insurers can be found in FCA Handbook Notice 58.
11/11/2018
The Committee will scrutinise whether certain groups of consumers are excluded from obtaining a basic level of service from financial services providers.
11/11/2018
ESMA, following the first suspensions under the double volume cap mechanism, has been approached by stakeholders raising concerns that frequent batch auctions may be used to circumvent the DVC.
11/11/2018
In a no-deal Brexit scenario, TRs and CRAs established in the UK will lose their EU registration as of the UK’s withdrawal date.
11/09/2018
The stakes couldn’t be higher: already Advisors are changing loyalties to product manufacturers who can seamlessly deliver clear ex-ante disclosure. Demand for transparency is evident.
11/09/2018
As a result, EU firms could be forced to renew their non-centrally cleared OTC derivative contracts and replace their U.K. counterparties with EU-based counterparties.
11/09/2018
Where the conditions for setting up an AML/CFT college are not met, the Guidelines propose that supervisors will continue their cooperation and information exchange on a bilateral basis and formalise this process.
11/09/2018
The MCBI program requires applicants to make a defined economic contribution to the country through its Public Investment Fund.
11/08/2018
Regulations would force lenders to inform customers they can make new claims
11/08/2018
Known as the Single Supervisory Mechanism (SSM), the regulator was created in 2014 to avoid a repeat of the global financial and then eurozone debt crises that brought the euro to the brink of collapse.
11/08/2018
A judge in the principality has been investigating whether Rybolovlev sought to influence law enforcement officials in his long-running dispute with Swiss art dealer Yves Bouvier.
11/08/2018
The Sanctions Orders generally restrain persons from dealing in funds or economic resources owned or controlled by, or making funds or economic resources available to, persons or entities listed under the Order.
11/08/2018
The FCA is pleased to note today’s announcement which launches a new body to deliver a template for the disclosure of costs and charges to institutional investors. This will lead to improvements in the ability of institutional investors to access an