05/14/2017
Challenger banks under pressure to meet ringfencing rules
Smaller banks forced to comply with rules intended to prevent another bailout
Legal, Regulation & Compliance
05/14/2017
US strikes $5.8m deal on Russia money-laundering case
Settlement closes decade-long probe into real-estate scheme
05/12/2017
Malaysia’s 1MDB under Solomon Huges investigation
Coutts has got many fines from financial regulators around the world, is a British bank run by Tory lords and Conservative ex-ministers.
05/12/2017
Non-dom tax changes: no need to panic
All of these proposed changes have been dropped from the Finance Act 2017 in anticipation of the General Election.
05/12/2017
M&A in Finland
A Q&A guide to M&A in Finland. Published by Globe Business Media Group.
05/11/2017
FSB publishes Global Shadow Banking Monitoring Report 2016
Market-based finance provides important diversification of the funding sources which support the real economy
05/11/2017
UK Court Lets Prosecutors Pierce Attorney-Client Privilege in Internal Probe
The ruling should concern in-house counsel in general and especially those with companies that do business in England.
05/11/2017
Herbert Smith Freehills - Financial regulation update
FCA strategic review of retail banking business models
05/11/2017
New Long-Term Reporting Guidance - UK Investment Association
Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals.
05/11/2017
BearingPoint launches a MiFID II/MiFIR reporting solution
The revised Markets in Financial Instruments Directive (MiFID II) and the accompanying Markets in Financial Instruments Regulation (MiFIR) take effect on January 3, 2018.
05/11/2017
Deutsche Bank Fined for Delayed Bafin Filing on CEO Changes
Deutsche Bank, led by Chief Executive Officer John Cryan, has resolved legal issues including a settlement with the U.S. Justice Department in December
05/10/2017
A third of Ireland’s shadow banking subject to little or no oversight
Central Bank in struggle to understand world’s fourth-largest shadow banking hub
05/10/2017
FCA turns back on equity release qualification overhaul
Will remain linked to mortgages
05/10/2017
This Is the Five-Word Message That Got a Citigroup Trader Fired
Often winning unfair dismissal rulings because banks were too hasty to dismiss staff as a result regulatory scrutiny.
05/10/2017
Barclays to Pay $97 Million for Overcharging Clients
Barclays also collected excess mutual fund sales charges or fees from 63 brokerage clients by recommending more expensive share classes when less expensive share classes were available
05/10/2017
Spear's rates Withers’ family team in Family Lawyers Index 2017
Recently appointed as head of the London family team after Julian's successful decade at the helm, Suzanne Todd is rated as ‘A superb lawyer who leads by example’.
05/10/2017
Herbert Smith Freehills - Financial regulation update
Future of RTGS services – ECB executive summary and URDs
05/10/2017
The UK company: a new alternative for international investors?
UK companies can also mitigate source withholding tax on the overseas dividend. Mitigation of source withholding taxes on dividends is something offshore companies by and large cannot achieve.
05/09/2017
Ogier partner to speak at Hedge Fund Emerging & Startup Manager forum
The presentation covers the BVI regimes for professional, private, incubator and approved funds and their relative investment thresholds, conversion options and cost base management.
05/09/2017
HSBC Securities Services wins Direct Line mandate
Revenue rose from $363 million to $405 million year over year, and from $391 million quarter over quarter.