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
Legal, Regulation & Compliance
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
09/10/2018
A $257 Billion Asset Manager Has a MiFID Warning for Small Firms
MiFID II has already been criticized by some for seeming to erode incentives to provide adequate research for investors in smaller companies, given the new pricing requirements.
09/10/2018
Carey Olsen pair among 'Top 35 Under 35' private client advisers in the UK
A champagne reception to honour the 35 men and 35 women who have been recognised by eprivateclient will be held in London on Thursday 27 September.
09/09/2018
Wealthy Russians in Britain face new visa crackdown after Salisbury
Scheme has allowed hundreds of oligarchs and Putin allies to make UK their home
09/09/2018
Dubai Papers: French media unveils UAE based International Money Laundering network
The Helin Group has no internet presence.
09/09/2018
A Russian Who Allegedly Hacked Into JPMorgan Chase's Servers Is Now in U.S. Custody
What the earlier court filings didn’t disclose was the identity of the central hacker—revealed finally in an unsealed indictment on Friday as Tyurin.
09/09/2018
How Mifid II’s second seismic shift is reshaping the trading landscape
Companies are facing challenges over transparency around liquidity and best execution
09/07/2018
EU Exit SIs for payment services, e-money and the SEPA Regulation
These SIs will make amendments to retained EU law related to payments and electronic money to ensure that the regime continues to operate effectively in a UK context once the UK leaves the EU, in any scenario.
09/07/2018
Fiduciary arrangements - AML Directive - new requirements - Ogier
Depending on the seriousness of the infraction, sanctions may vary from simple warnings to fines in an amount equivalent to twice the financial advantage gained by the breach (when it can be assessed), or of up to 1,250,000 euros.
09/07/2018
Foreign Investments In German Cos. Face Increased Scrutiny
On Aug. 1, the German government for the first time authorized the Federal Ministry of Economy and Energy to block a transaction on national security and public policy grounds.
09/07/2018
Brodies tops 2018 Insider Legal Leaders table
Sector stands firm against Brexit uncertainty as many report record revenues
09/07/2018
Ogier advises on £13m Manchester student housing deal
The six-storey Princess Street property in Manchester is comprised of studios and one-bedroom apartments and will be managed under Centurion's student accommodation brand, "dwell".
09/06/2018
More than 1,000 people a day need to settle Rangers-style avoidance schemes before deadline to avoid charge
Those who fail to provide information to HMRC by September 30 will face a “loan charge” in April next year.
09/06/2018
Irish regulator scolds asset managers for UCITS fee calculation failures
Following CBI inspection
09/06/2018
Hedge Funds Won’t Get More Money From EU’s Biggest Asset Manager
As part of the shift, Paris-based Amundi is disbanding its team in London that researches hedge funds.
09/06/2018
Regulated retail investment adviser re-evaluation
The level 4 Diploma became the standard when the Retail Distribution Review came into force at the start of 2013.
09/06/2018
Executor hid expat’s Belgian car and bike collection
The conspiracy included a Boxing Day text message to the UK, which had been composed on the deceased man’s phone by the fiancé, cancelling a trip over the channel.