04/05/2017
Spanish police stage raids targeting Assad family's assets
The assets of Rifaat al-Assad and his family in Spain are valued at 691 million euros ($736 million), the source said, adding that "all these properties have been seized."
Legal, Regulation & Compliance
04/05/2017
GDPR and your data: check you comply . . . then check again by Craig Hanna
Laws surrounding data privacy and customer consent are changing in just over a year – get it wrong, and you will pay hefty fines. Time to test your permission statements and check your strategy is flawless.
04/05/2017
Press Eject: How to Remove Troublesome Trustees
The role of trustees, often professionals charging significant fees, is often not understood and is frequently undesired.
04/05/2017
Multi-millionaire city superwoman sued over missing £250,000
The funds had not arrived, we will be instructing our lawyers.
04/05/2017
KWM administrator's report reveals £1.2m pay out for advisers
The report also shows that the firm was left owing £36 million to creditors following its collapse into administration. Unsecured creditors stand to recover nothing.
04/05/2017
Candy brothers accused of calculated tax evasion as court case draws to a close
His allegations of economic duress and vague misrepresentations are typical of those which are seen by County Court judges every day and invariably fail.
04/05/2017
Anniversary of scandal that brought down Icelandic government
The opposition demanded the government should step down.
04/05/2017
Elderly Greeks protest against more Pension cuts
They cut our pensions when they had said they would give us back our bonuses
04/05/2017
Swedish Bankers Step Up Blame as Crisis Fee Proves Tipping Point
The guarantee is reflected in higher credit ratings and lower funding costs.
04/05/2017
Unmask anonymous owners behind offshore structures
It is important that the Netherlands takes UBO-related risks seriously and analyses them thoroughly.
04/05/2017
Europe's Addiction to Bailing Out Banks
Last December, Monte dei Paschi di Siena, Italy’s fourth largest bank by assets, applied for an injection of public money -- a so-called precautionary recapitalization
04/05/2017
New Gibraltar Deposit Guarantee Scheme Website
The Deposit Guarantee Scheme is administered by the Gibraltar Financial Services Resolution and Compensation Committee and is funded by the Credit Institutions covered by the scheme.
04/05/2017
16 firms agree with FCA to stop pension transfers
The FCA revealed the number of advice firms that have voluntarily agreed with the FCA not to carry on any activities in relation to pension
04/04/2017
Lloyds and RBS in hot water as they tackle mounting legacy issues
Legal troubles at RBS and Lloyds have escalated in recent days
04/04/2017
Herbert Smith Freehills - Financial regulation update
FCA credit card market study: consultation on persistent debt and earlier intervention remedies
04/04/2017
UK wealth managers refused FCA opt out from Mifid taping rule
It confirmed the same flexibility would not stretch to larger regulated investment firms.
04/04/2017
Accused Barclays trader was a Libor rookie, not an expert on the benchmark rate, court told
He did because there didn't seem to be anything wrong with it.
04/04/2017
BLP and Noerr make German plays as City firms follow suit
It is an exceptionally busy time for clients who are preparing for the GDPR.
04/04/2017
Court Authorizes Service of John Doe Summons Seeking Information About Dutch Residents Using American Express Cards Linked to Non-Dutch Bank Accounts
The treaty allows the two countries to cooperate in exchanging information that is helpful in enforcing each country’s tax laws.
04/04/2017
FCA proposes new rules for credit card firms to help millions of customers get out of persistent debt
New customers will be given the choice of how increases will be offered