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Legal, Regulation & Compliance

01/31/2019

Fiduciary Management: Improvement Through Competition? by Gowling WLG

The CMA describes itself as the UK's primary competition and consumer authority, with responsibility for carrying out investigations into, among other things, regulated industries, and enforcing competition and consumer law.

01/31/2019

Barclays' lawyers did not object to £322m fees paid to Qatar, court told

Bank’s legal team said to have ‘persuaded themselves’ that agreement in 2008 was lawful

01/31/2019

Significant Royal Court ruling for lenders and creditors in Jersey

Re Powell concerned how much a Tenant would have to pay, and for what, in order to be confirmed by the Court as the Tenant.

01/31/2019

No deal Brexit could see up to 250,000 British expats return to the UK

The Department for Work and Pensions has a more optimistic assessment of the likely influx and is projecting that around 50,000 expats would return home if there is no deal.

01/31/2019

Europe's fintech companies are preparing for a no-deal Brexit

Fintech firms are proactively applying for licenses in EU countries ahead of the Brexit deadline.

01/30/2019

Manchester Law Firm Opens London Office

The firm is also looking to acquire a London law firm to support its anticipated growth.

01/30/2019

Ex-Merrill Lynch VP Launches IFISA to Fund Individual Claims Against Banks and Companies

Investors will ultimately be assisting those who may have been wronged by banks, institutions or individuals

01/30/2019

Who's Who Legal Awards

Firm of the Year 2018: Hogan Lovells

01/29/2019

Steven Gerrard sues HSBC for £100m over tax schemes

Rangers manager Steven Gerrard is taking legal action against his wealth manager following a crack down on tax avoidance schemes.

01/29/2019

Accessing retail clients is a worry for UK firms post Brexit

Pimfa chief admits ‘the critical point for us is we want time’ after Brexit inquiry opens

01/29/2019

Changes to align the FCA Handbook with the EU Prospectus Regulation

It also applies to firms and persons who invest in or deal in transferable securities through public offers or regulated markets in the UK.

01/29/2019

CFA Institute to oversee fiduciary manager performance standard

The right language could make a single standard applicable globally even if regulatory requirements varied geographically, he said.

01/29/2019

New rules for UK retirement income products

It is also proposing that a consumers' pension investments not be defaulted in cash savings, unless the option is actively chosen by the consumer.

01/29/2019

Perspective starts year of purchases with Newcastle IFA

The firm’s managing director Alan Galloway retire after continuing to work with Perspective while clients are transitioned.

01/29/2019

Japan Adequacy Decision Adopted by the EU Commission

One of the circumstances where international transfers are permitted under the GDPR is where the EU Commission has passed an “adequacy decision” in relation to the country

01/29/2019

Happy Data Protection Day! GDPR, no deal Brexit and the Crown Dependencies

GDPR has brought awareness of privacy rights to the forefront of many businesses' agendas

01/28/2019

Serbia's AIK plans new bid for all of Slovenian Gorenjska Banka

The bid price was not disclosed but AIK last year offered to pay 298 euros per Gorenjska share

01/28/2019

Moscow banker: Russian money launderers entranced by Danske's trustworthy name

Russian law enforcement authorities will start helping the Estonian prosecutor's office and police in investigating the large-scale money laundering in Danske's Estonian branch

01/28/2019

Bentley Has A Serious Brexit Problem

But not all is lost.

01/28/2019

Death of the 500 euro note, bill favoured by criminals … and Germans

The banknote’s death warrant was signed in 2016 when the ECB formally ended its production over concerns it could ‘facilitate illegal activities’

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