10/03/2017
FCA’s launch plan is ‘no panacea’
It’s not really the regulation that’s a restriction for funds getting off the ground.
Legal, Regulation & Compliance
10/02/2017
Barclays fraud suspect Tom Kalaris takes back £17m loan
The SFO also charged John Varley, the bank’s former chief executive
10/02/2017
Financial products ‘need to work for women’
They are also faced with the potential challenges of unequal split of assets and loss of income after divorce.
10/02/2017
BoE tells banks to find 4 billion pounds of bail-in debt by 2022
“We don’t want a financial center that doesn’t take risks,” Cunliffe told reporters.
10/02/2017
Bank watchdogs in final reform effort as fatigue sets in
The United States and Europe are split over one arcane but crucial remaining element of the package, the extent to which banks can rely on their own internal risk models.
09/29/2017
Herbert Smith Freehills - Financial regulation update
FCA final guidance on FAMR recommendations
09/29/2017
Ogier's Guernsey and Luxembourg teams advise on Gentoo sale
TMF is a leading provider of high value business services operating and investing globally.
09/29/2017
FCA to launch asset management start-up hub next month
Aims to encourage competition in industry
09/29/2017
ECHR ruling highlights the need for clear policies on employees' private communications
It is entirely possible for either an employee or an employer to find themselves in a very difficult position simply by not understanding the rules in place.
09/28/2017
Herbert Smith Freehills - Financial regulation update
PRA on compliance with EBA Disclosure Guidelines
09/28/2017
New FinTech Fund businesses for 2017
The second year running the firm has set aside £100,000 to help four exciting FinTech start-ups solve those problems through the provision of free of charge legal advice.
09/28/2017
IBM v Dalgleish says “reasonable expectations” are just that
But beware the Consultation Regulations, the new ‘wolf in sheep’s clothing’
09/28/2017
FCA statement on the Work Plan for ESMA opinions on pre-trade transparency waivers and commodity position limits
In relation to equity waiver applications, our plan remains to communicate decisions after finalisation of ESMA opinions.
09/28/2017
European Parliament seeks to toughen clearing house rules
Proposal to ensure financial burden is shared by the institution and its users should it fail
09/28/2017
FCA’s Butler announces hub for asset management start-ups
She also spoke on delegation after Brexit, Mifid II deadlines and the regulator’s proportionate approach to the senior managers regime.
09/27/2017
Herbert Smith Freehills - Financial regulation update
CMA final report and FCA response on DCT market study
09/27/2017
UK ombudsman backs complaint after pension fund falls 50%
Britain's Financial Ombudsman Service (FOS) has found in favour of a former client of PFP Wealth Management after funds it chose for his pension slumped nearly 50% in the first year.
09/27/2017
Are ‘deputies’ the new guardians of private wealth?
The added pressure of having to apply to court in order to deal with pressing financial matters will intensify the ordeal.
09/27/2017
Prosecutors search UBS subsidiary in Germany: bank
The spokesman for UBS-Europe confirmed the information reported by a German business magazine, which also reported that the homes of some 2,000 customers of the bank were also being searched.
09/27/2017
Fund distribution and investment sub-advisory in Europe to transform rapidly after MiFID II
During 2016, sub-advised funds captured a remarkable 32 per cent of total inflows into actively-managed funds.