05/09/2017
Herbert Smith Freehills - Financial regulation update
FCA policy statement on appropriate qualification exam standards
Legal, Regulation & Compliance
05/09/2017
IoM eases pressure on life cos over commission disclosure
International insurance companies headquartered on the Isle of Man will only have to spell out to customers how much commission they will have to pay to intermediaries over the life of the product at the end of the sales process.
05/09/2017
Lloyds and five ex-executives to face trial from October over HBOS acquisition
The claimants are comprised of around 300 institutional shareholders
05/09/2017
Spain To Challenge Gibraltar's Sovereignty, Tax System
Gibraltar entered the EU along with the UK in 1973, but remains outside of the EU's VAT, Common Agricultural Policy, or common external tariff regimes.
05/09/2017
UK Sipp giant faces £1.8m tax bill over Guernsey biofuel scheme
The fund put money into projects including a bioethanol plant in the US and a renewable fuels refinery in the UK.
05/09/2017
‘Frustrated’ EU politicians step up pressure on US over Fatca
Members of the European Parliament have asked the European Commission to open talks with the US to make data exchange under the Foreign Account Tax Compliance Act (Fatca) reciprocal.
05/09/2017
Bank Of England To Take Complete Control Of UK Interbank Payment System
This in contrast to similar systems in most countries where the central bank delivers all aspects of the HVPS.
05/09/2017
Advisers stand by Old Mutual amid replatforming U-turn
Nearly 90 per cent of advisers say they won’t shift platform despite provider backtracking on replatforming deal
05/08/2017
Asset managers set to miss Mifid II deadline on research
Regulatory uncertainty has been one driver of fund firms’ delay in facing up to the changes.
05/08/2017
Ex-Bankhall chief Mann demands RDR rethink
In 2015, the FSA's replacement, the Financial Conduct Authority, reported the number of financial advisers offering professional advice had fallen from around 26,000 in 2011 to 24,000 in 2014.
05/08/2017
5 Requirements to Position Banking Organizations for Growth
The banking industry continues to be surrounded by uncertainty, with no definitive path for success.
05/08/2017
EU Taking ‘Hard Law’ Approach to Regulating Tax Advisers
They include a scope that covers all intermediaries, all harmful practices and all jurisdictions.
05/08/2017
Andersen Global Announces Andersen Tax & Legal in Portugal
Andersen Tax & Legal in Portugal provides services in both Portugal and abroad in all industries, including health, media and advertising, technology, and transport.
05/08/2017
Herbert Smith Freehills - Financial regulation update
EBA Technical Standards under Payment Accounts Directive
05/08/2017
Fintechs fight plan to bar screen scraping and protect European banks
It can also be used to steal data or, depending on your point of view, legitimately gather business intelligence.
05/08/2017
Independent Strategic Group joins London Stock Exchange Elite scheme
With over 750 companies, advisers and investors from 26 countries in the scheme, ISG is the only Jersey business to have been selected and forms one of only 100 companies participating from the UK.
05/08/2017
Carey Olsen advises Pershing Square Holdings on its admission to the LSE
Carey Olsen’s corporate team in Guernsey was led by partner Annette Alexander
05/08/2017
Latest FCA rules and guidance: SMCR, remuneration and whistleblowing
Firms will need to make sure that they have given appropriate, role-tailored training to their Standard NEDs before the rules come into force on 3 July 2017.
05/07/2017
Brexit: Jersey could be used as a bargaining chip
There is a conflict of interest between the UK and Jersey.
05/06/2017
Whistleblower scandal to put Barclays’ boss under fire at AGM
The bank’s board, led by chairman John McFarlane, has already issued a written reprimand to the American and pledged to cut his bonus.