06/26/2018
Most investors only became aware of the rule earlier this year when Beaufort Securities collapsed and a row erupted between the broker’s clients and administrators PwC.
06/26/2018
UK regulator to examine regulatory impact as current research pricing viewed as unsustainable by investors.
06/26/2018
Legg Mason said uncertainty on delegation rules was a factor in its decision to open a Dublin office
06/26/2018
The withholding tax repayment was denied as, under the Danish legislation, to be exempt from withholding tax, a UCITS must be resident in Denmark and have Article 16 C fund status.
06/26/2018
The FCA shares concerns with the Payment Systems Regulator and the industry that APP fraud is a growing problem. This consultation published today builds on the work of the FCA and PSR to better protect consumers from APP fraud.
06/26/2018
The template has been subject to a number of preliminary trials by a sample of distributors to ensure it is ready to proceed to the testing stage
06/26/2018
By the Regulator's own admission, it is now clearer on what it expects from pension trustees, is quicker to act, and is tougher on those who fail to act in the interests of members.
06/26/2018
Charities should consider implementing internal Complaints Policies to guide staff in responding to complaints quickly and helpfully.
06/25/2018
The Protector also had positive powers such as to add beneficiaries and to remove trustees with or without cause.
06/25/2018
“Development is not just about value, feasibility is just as important.”
06/25/2018
The fodder crop was a staple in the Icelandic diet centuries ago and has made a comeback in trendy restaurants in recent years, but these plants aren’t for eating.
06/25/2018
He said technology and compliance costs will be high on banks’ radar.
06/25/2018
Your weekly briefing on the UK economy
06/22/2018
AMLD5 brings new challenges for ‘obliged entities’ including financial institutions, tax professionals, providers of virtual currencies and those trading in luxury goods – such as art dealers.
06/22/2018
Germany’s largest bank seems doomed to fail the review by US regulators, causing further damage to its reputation and loss of key personnel.
06/22/2018
In March, Mossack Fonseca announced it would be shutting down due to the economic and reputational damage inflicted by the scandal.
06/22/2018
The scheme was first introduced as a pilot in London during October 2016, before a national roll-out began in May 2017.
06/22/2018
Despite spending $17 billion, the bank still has 5 of its biggest cases outstanding and has set aside $2.9 billion for litigation provision 1st qtr.
06/22/2018
The report reviews G-SIBs' progress in implementing the Principles in 2017. A previous progress report, published in March 2017, assessed implementation during 2016.
06/22/2018
The firm aims to offer its lawyers as "supervisor sherpas," guiding clients through the Eurozone's evolving regulatory landscape.