02/25/2019
Trial of former Barcelona president Sandro Rosell kicks off
Rosell and his wife are accused of hiding money illegally obtained by Ricardo Teixeira, the former head of the Brazilian Football Confederation
Legal, Regulation & Compliance
02/24/2019
Pensions industry welcomes FCA Brexit assurance
Authority’s focus ‘is on continuity and avoiding any disruption to business'
02/24/2019
EU privacy rules retire pension tracing service
The department has suspended the provision of this service pending the receipt of legal advice on the application of the provisions of the GDPR
02/22/2019
EU, Singapore Agree to Mutually Recognise Derivatives Venues
The Commission may pass an equivalence decision to recognise a list of organised markets established in Singapore
02/22/2019
New ECB guidelines extend active monitoring to intraday liquidity – but are banks ready?
Furthermore, the ECB guide adds: “In addition to an adequate quantitative framework for assessing liquidity adequacy, a qualitative framework needs to ensure that liquidity adequacy is actively managed.
02/22/2019
Ending reliance on LIBOR by Megan Butler, FCA
Speech by Megan Butler, Executive Director of Supervision – Investment, Wholesale and Specialists at the FCA, delivered at the Investment Association, London.
02/22/2019
Financial services legislation under the EU (Withdrawal) Act 2018
HM Treasury’s programme of secondary legislation to ensure that the UK continues to have a functioning financial services regulatory regime in all scenarios, when the UK leaves the EU in March 2019.
02/22/2019
Transatlantic tensions over dirty money
The US and EU governments are unhappy with Brussels’ money laundering blacklist
02/22/2019
FSB: 'open banking' could spur 'big tech' disruption of finance
'Open banking' could be the spur for change in the "competitive dynamics" within financial services markets, the international coordinator of national financial authorities and standard-setting
02/22/2019
Aidan Grant: Probate fees - will deathbed planning come back to life?
Ways to mitigate April’s increases
02/22/2019
Five lessons to learn from Mifid II
This has forced European companies to completely reassess the way they monitor and capture their communications and collaboration information.
02/21/2019
Foreign affairs select committee calls for overseas territories to publish ownership registers
The foreign affairs select committee said today that "those who seek to undermine our security and that of our allies must not be able to use the overseas territories to launder their funds."
02/21/2019
IFA wins out in ambulance chaser claim
Mr Oliver dismissed the claim for compensation and sent the claims management company a £300 bill for allegedly wasting his time
02/21/2019
FCA fines asset managers for breaching competition law
The Financial Conduct Authority (FCA) has today issued a decision which finds that 3 asset management firms breached competition law. This is the FCA’s first formal decision under its competition enforcement powers.
02/21/2019
Time to act – Luxembourg’s UBO Register coming into force
All of these registers are designed to contribute to global government efforts to increase financial and business transparency.
02/21/2019
Standard Chartered sets aside $900m for fines in US and UK
Emerging markets bank says funds will be used for ‘previously disclosed investigations’
02/21/2019
UBS CEO Says French Appeals Process to Take 'Several Years'
"The superficial nature of the verdict is astounding and does not even pretend to address the arguments we presented during the five weeks of the trial.
02/21/2019
EBA Consumer Trends Report 2018/19
The Report also provides an overview of the topical issues identified in 2018/19 that impact or may impact consumers.
02/21/2019
FCA Investigation – Hargreave Hale
We have co-operated fully with the FCA throughout its investigation and have provided comprehensive evidence and arguments to support our view that no infringement involving Hargreave Hale occurred.
02/20/2019
ESMA renews binary options prohibition for further three months
ESMA has carefully considered the need to extend the intervention measure currently in effect.