12/11/2017
EU tax grey list splits Federal Council
The EU’s decision changed “absolutely nothing”, said Maurer, who expected no negative consequences for Switzerland as a financial location.
Legal, Regulation & Compliance
12/11/2017
UK financial watchdog’s fines increase tenfold
FCA’s fines for year stand at £229.4m compared with £22.2m levied in 2016
12/11/2017
HSBC to Be Released From U.S. Deferred Prosecution Agreement
Controversial deal allowed the bank avoid criminal charges in 2012
12/11/2017
Banks breathe a little sigh of relief as Basel III is completed
It was perhaps the most contentious piece of the Basel III framework, and disagreements over what the output-floor level should be caused a year-long delay to its finalization.
12/11/2017
MiFID II and GDPR cause advisers biggest headaches in 2017
'Advisers are waking up'
12/11/2017
Plan to crack down on £90bn City money laundering
New economic crime centre part of revamped anti-corruption strategy
12/10/2017
Carey Olsen advises Inflexion on investment
Their advice included structuring and establishing the acquisition entities and assisting with the negotiation and implementation of the deal documentation.
12/08/2017
Herbert Smith Freehills - Financial regulation update
MiFID II: ESMA TTCs for equity and bond instruments
12/08/2017
Qatari-French ties marked by continuous co-operation
This is the second meeting after the Qatari-French summit held at the Elysee Palace during the Emir’s visit to Paris in mid-September.
12/08/2017
Decade in the making: post-crisis banking rules finally signed
“The focus of the reforms was to reduce regulatory uncertainty,” European Central Bank President Mario Draghi, the chairman of Basel’s oversight body, said.
12/08/2017
Corlytics to join next round of FCA sandbox
The sandbox provides a safe space for firms to test innovative products, services or business models in a live user environment.
12/08/2017
Leaked documents show UK will stay in single market
The UK could also retain membership of the customs union, which would restrict the UK’s ability to sign new trade deals.
12/07/2017
Further success in reducing pension funds’ costs and charges
Some providers set out reasons why they believe certain of their products offer value for money
12/07/2017
Is This the Silver Bullet for Italy's Bad Loan Problem?
European authorities want banks to reduce their levels of bad credit to free up funds to lend to healthy companies and support growth
12/07/2017
CBL wins $100-million French court battle
The case relates to Kharafi’s claim for almost $1 billion in compensation for a $130-million tourist resort project in the Tajoura area of Tripoli, agreed in 2006 but apparently cancelled after the revolution.
12/07/2017
Leading international law firm Extends Irish Legal Offering to London
The new offering will continue the law firm's drive to provide a full service solution across all its practice areas
12/07/2017
Using artificial intelligence to keep criminal funds out of the financial system
Speech by Rob Gruppetta, Head of the Financial Crime Department at the FCA, delivered to the FinTech Innovation in AML and Digital ID regional event, London.
12/07/2017
Finance and secured lending in Luxembourg
Luxembourg’s flexible and lender-friendly treatment of security interests continues to be very attractive to international banks.
12/07/2017
British Judge Tosses Out Russian Claim Against Fund Manager Browder
Cites lack of disclosure about political background to case.
12/07/2017
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.