10/08/2018
The 7,000 small investors who signed up to the group won a £200 million settlement from RBS in June last year, meaning the bank could avoid a high-profile court case.
10/08/2018
The Financial Conduct Authority asked the banking giant to overhaul its lending practices when it learnt of the shortcomings, which were set out in a report from 2016.
10/08/2018
Open-ended funds that invest in illiquid assets can encounter difficulties if significant numbers of investors simultaneously try to withdraw their money at short notice. An example of this occurred following the result of the UK referendum on EU membersh
10/08/2018
Financial advisers surveyed by Royal London were in general in favour of this new method of talking to clients about whether transfers are a good idea
10/08/2018
The MoU also establishes a framework for exchange of information, regular dialogue as well as regulatory cooperation in relation to the cross-border offering of eligible Hong Kong public funds and United Kingdom retail funds.
10/08/2018
FCA had a statutory objective to promote effective competition in the interest of consumers
10/08/2018
The City regulator is looking into companies accused of flouting new rules — but some say it isn’t doing enough
10/07/2018
They used encrypted computers, had business cards without the lender’s logo and were told to switch hotels regularly, according to prosecutors.
10/05/2018
Mr Shaw said asset-based lenders were generally smaller organisations, which he believed strengthened the position to deal with complex cases.
10/05/2018
The claimants say they were told by senior private banking managers that the brothers were personally backing the notes.
10/05/2018
A JAILED banker's mystery wife who splashed £1.6m a year on shopping sprees in Harrods is being asked how she paid for her lifestyle that included property worth £22m.
10/05/2018
Maijoor also signalled a need to ensure that clearing of euro-denominated derivatives by UK-based clearing houses can continue after next March.
10/05/2018
He is a Swedish aristocrat, MD in wealth management and presumably a notorious fraudster
In Switzerland, he is not an unknown entity either: the Swede has aristocratic roots, his father was a well-known diplomat, and clients he allegedly defrauded have turned to Swiss regulator Finma.
10/05/2018
Both our jurisdictions are leaders in funds management and other financial services. ASIC is very interested in learning from the fintech and regtech innovations that are taking place in the Grand Duchy.
10/05/2018
The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the AIFMD and its implementing measures.
10/05/2018
He is said to have moved the cash into overseas bank accounts and then back into the UK
10/05/2018
ESMA will continue to develop these Q&As in the coming months and will review and update them where required.
10/05/2018
The misrepresentation finding was not challenged on appeal.
10/05/2018
Compliance officer said large parts of her job were given away while on maternity leave
10/04/2018
Failure by ‘Mrs A’ to explain source of wealth could result in civil proceedings to seize it