09/13/2018
India and Singapore slammed for lax bribery controls
Countries on list of top offenders, which have “little or no enforcement” of anti-bribery laws
Legal, Regulation & Compliance
09/13/2018
Collas Crill advises on Amsterdam buy
he team at Collas Crill were a great support throughout the transaction
09/13/2018
Luxembourg simplifies the legal regime applicable to business licenses (autorisations d'établissement)
It is to be noted that any Business License granted by the Ministry of Economy prior to the entry into force of the Revised Law will remain valid for commercial activities and services
09/13/2018
Pope Francis launches investigation into alleged misuse of funds by directors of the Sistine Chapel Choir
It gave no further details of the alleged misuse of funds but said the inquiry, by Vatican magistrates, was ongoing.
09/12/2018
Russia is much closer to China than the US now, the head of Russia's wealth fund says
Frankly we do much more with China generally, we believe in integration, we believe in working together, President Xi (Jinping) and President (Vladimir) Putin are positive about this transaction, Kirill Dmitriev said.
09/12/2018
Capvis Announces Final Closing of Capvis V
Based on the strong demand from investors, Capvis V comfortably exceeded both its target of EUR 1.0 billion and the EUR 0.7 billion size of Capvis Equity IV LP.
09/12/2018
New Government regulation makes clear existing pension scheme duty to consider ESG factors
The new regulations send a strong message throughout the entire investment chain that sustainability factors must be considered.
09/12/2018
Malta blockchain Acts to come into force on 1 November
The Acts have already been unanimously approved by Parliament
09/12/2018
Denmark Wants To Toughen Up Money Laundering Fines
If you look at this scandal, you can compare it to the most serious money laundering scandals in Europe.
09/12/2018
Carey Olsen supports Capvis on launch of Capvis V
The fund which exceeded both its €1 billion target and the €0.7 billion raised by Capvis Equity IV LP, is the latest and largest Capvis flagship fund
09/12/2018
Regulator ‘forced’ Gibraltar insurer into run-off
Investors claim their fingers were burnt when the inspectors blocked sale
09/12/2018
Lumiere boss foolish but evidence unreliable, argues defence
The defence team in the Chris Byrne Lumiere case say evidence is “inherently weak and misleading”
09/11/2018
Spanish AM inks deal with Peru firm in LatAm growth bid
Espada said he’s seen interest from Latin American clients for this last type of investment because of the expectation of further rate hikes in the US.
09/11/2018
Expats win appeal over penalties on delisted Qrops
HMRC claimed pension transfers were unauthorised
09/11/2018
Regulation forces up FTSE 100 audit fees
FTSE 100 audit fees have risen to almost $1bn in the last 12 months, with PwC gaining most
09/11/2018
Regulator to overhaul register search function
We have invested a lot in the Scam Smart campaign
09/11/2018
HSBC whistleblower in Spanish court over Swiss extradition request
Hailed as a hero by some, Swiss courts sentenced him in absentia to five years in jail
09/11/2018
FCA warns firms against technology failures
Mr Bailey said: "The impact of this type of risk is greater in an environment where consumers rely more on machines."
09/11/2018
Task force gives Isle of Man a year to improve AML compliance
The IoM regulator improves oversight in eight out of 40 problem areas
09/10/2018
State fires starting gun on return of bankers’ bonuses
Finance department adviser to decide whether the €500,000 salary cap is still appropriate