09/24/2018
Services to asset managers are now the biggest growth driver.
On the regulatory side, things have changed as well over the past years.
Legal, Regulation & Compliance
09/24/2018
Regulator says scandal bank board 'heads are on the block'
CEO Thomas Borgen, 54, has resigned and Chairman Ole Andersen says that several employees have been reported to the police.
09/24/2018
Former Deutsche Bank trader said arrested in Italy
“We confirm Andreas Hauschild was arrested on a European arrest warrant last month in Italy."
09/24/2018
Maples and Calder in Jersey becomes TISE Listing Member
This new membership serves as a welcome addition to Maples and Calder's provision of specialist listing services for the Cayman Islands and Ireland.
09/21/2018
GDPR made it impossible for banks to provide advisory services
GDPR has forced banks to reconsider the data they collect and how it’s being used.
09/21/2018
Digital wealth manager launches partnership with venture capital firm
Tiller Investments, the online wealth manager, has struck an agreement with West Hill Capital.
09/21/2018
Dutch asset managers join class action against Volkswagen
Other Dutch pension funds and providers declined to state whether they were among the litigants.
09/21/2018
Murder for £10 BILLION fortune
Janowski allegedly spent €250,000 to hire contract killers
09/21/2018
FCA bans advice firm chief executive
The FCA found Mr Burns had not identified, and TMI had failed to manage, this conflict of interest.
09/21/2018
ICO fines Equifax for data breach
Credit reference agency Equifax fined for security breach
09/21/2018
Outcome of BCBS meeting
The Committee exchanged views on emerging conjunctural and structural risks.
09/21/2018
IOSCO issues policy measures to protect investors of OTC leveraged products
The measures in the three toolkits draw largely on IOSCO members’ experiences and practices.
09/20/2018
New trustee licensing requirements on the horizon
The act will fundamentally overhaul the existing financial services regulatory framework and create a new supervisory regime governing all financial institutions.
09/20/2018
Third Belgravia fraud suspect back in Jersey to face charges
From the Philippines to the Channel Islands
09/20/2018
Dear CEO LIBOR letter
These letters were sent to the largest banks and insurers in the first instance.
09/20/2018
Joint statement: Inaugural meeting of US-UK Financial Regulatory Working Group
This cooperation is especially important given transition in the UK’s regulatory relationships as it withdraws from the European Union.
09/20/2018
EU banks funding plans indicate increased appetite for client deposits and market-based funding in the coming years
The reports aim to provide important information for EU supervisors to assess the sustainability of banks' main sources of funding.
09/20/2018
IOSCO guidance addresses conflicts of interest and conduct risks in equity capital raising
IOSCO today published the final report on Conflicts of interest and associated conduct risks during the equity capital raising process
09/20/2018
Wayne Rooney facing multi-million pound bill over controversial tax avoidance scheme that has gone bust
The footie star, who is settling into a new home in the US following his move to MLS side DC United, used film investment partnership Invicta 43 to shelter a total investment of around £12.5million
09/19/2018
Few countries are pricing carbon high enough to meet climate targets
New carbon pricing initiatives in some countries, such as China’s emissions trading scheme and renewed efforts in Canada and France to price carbon, could significantly reduce these gaps.