07/25/2017
Ex-UBS Compliance Officer, Day Trader Deny Insider Trading
Abdel-Malek, Choucair deny five charges in London court case
Legal, Regulation & Compliance
07/25/2017
Financial Conduct Authority approves Standard Life and Aberdeen Asset Management merger
Standard Life and AAM tell the stock exchange they are 'pleased to announce' the FCA and PRA approval while Martin Gilbert tweets his 'delight'
07/25/2017
BLP introduces family asset protection practice in HK, London
Based in both in Hong Kong and London, the practice provides cross-border and corporate family law expertise to high net worth and ultra-high net worth clients
07/24/2017
Making Wealth Managers ready as time for MiFID II deadline approaches By: Rodney Taylor, Profile Software
A new area for Wealth Managers will be passing exception reports
07/24/2017
UK watchdog consults on new anti-money laundering supervisor
The government has proposed that OPBAS oversees the adequacy of the anti-money laundering supervisory arrangements of 22 professional bodies.
07/24/2017
Lloyds faces a further £400m hit in PPI costs
Barclays is poised to slump into the red when it unveils a £1.2bn loss from the recent sale of a stake in its African operations.
07/24/2017
Non-dom Update - Withers
There are a number of technical changes to the draft rules, which will not have significant effects.
07/24/2017
Ex-Schroders Trader Clarke Must Pay $456,000 for Insider Trading
The 41-year-old is one of a number of individuals to be prosecuted by the U.K. Financial Conduct Authority over insider dealing
07/24/2017
Britain's biggest wealth manager St James's Place accused of not being clear on costs and restricted advice by Which? investigation
Which? deemed that four out of 10 advisers sampled did not adequately explore the likely cost of investment in general.
07/21/2017
Update on the changes to the taxation of non-UK domiciliaries - SMP Partners
The announcement confirms that the draft 2017 Finance Bill "will be introduced as soon as possible after the summer recess".
07/21/2017
FSCS opens compensation door at failed wealth firm
It has yet to receive claims from a further 53 creditors.
07/21/2017
U.S. Hunt for Nigeria Fraud Cash May Come Second to a Small Bank
Banque Havilland SA, a small Luxembourg bank that wrote a mortgage against the property
07/20/2017
EFAMA AND AMIC publish joint report on leverage
The FSB and IOSCO seek to identify consistent measures of leverage to facilitate more meaningful monitoring for financial stability purposes.
07/20/2017
Herbert Smith Freehills - Financial regulation
FCA notification guide for ancillary activity exemption
07/20/2017
Deutsche Bank expects subpoenas over Trump-Russia investigation
Source reveals Robert Mueller’s team and Trump’s exclusive bankers have established informal contacts and requests for information are forthcoming
07/20/2017
Deutsche Bank Expects Subpoenas Over Russia Probe, Guardian Says
Separately, the New York Times reported that banking regulators are reviewing hundreds of millions of dollars in loans made to businesses of President Donald Trump
07/20/2017
Herbert Smith Freehills - Financial regulation update
FCA findings from suspended property fund review
07/19/2017
Appleby Lawyer Shortlisted as 'Future Leader'
The winners are announced at an awards evening which takes place on 1 November in London.
07/19/2017
Herbert Smith Freehills - Financial regulation update
ESAs consultations on ITS on mapping of ECAIs' credit assessments under CRR and Solvency II
07/19/2017
PQM Standards Review to Provide Further Boost for UK Responsible Investment
In particular the proposals on extending the standards to include an assessment of scheme approaches to corporate stewardship and environmental, social and governance issues.