08/09/2017
ABN Amro Adds Defendants To $12M Defaulted Loan Suit
The bank decided a day after the disaster that there was no capacity to lend the cash.
Legal, Regulation & Compliance
08/09/2017
Commission approves acquisition of Banco Popular Español S.A. by Banco Santander
Its investigation concluded that the transaction would not raise competition concerns.
08/09/2017
Ban and fine against former UK adviser network CEO upheld
The FCA, in handing down the ban, said that the actions of the firm created an inherent risk that underlying customers would receive unsuitable advice.
08/08/2017
RBS Under FCA Investigation over Money Laundering Scheme
The Guardian reported earlier this year on a Russian money laundering scheme dubbed 'the Laundromat'.
08/08/2017
High-Profile Spanish Money Laundering Investigation of Chinese Bank Raises Questions About Future of Similar U.S. Enforcement - Ballard Spahr
In the nearly 18 months following that raid and the numerous arrests made at that time, very little information about this money laundering investigation became known publically.
08/08/2017
Tighter EU curbs urged on winding down banks
Regulator calls for closure of loophole used by Italy to spare bondholders
08/08/2017
EU parliament makes futile attempt to legislate interbank FX out of London. Not a chance…..
Clearing of derivatives will never be pushed out of its natural home by bureaucrats.
08/08/2017
Law firm merger to create 'legal powerhouse'
Turnover for the combined mid-market firm will exceed £30m in 2017/18, two thirds of which will be in Sussex and Surrey.
08/08/2017
Hill Dickinson, Xyone Cyber Security and The Compliance Foundation combine forces
Our new partnership with The Compliance Foundation and Xyone Cyber Security gives businesses the legal, compliance and IT tools to meet this challenge all in one place.
08/08/2017
The MLI’s impact on alternative investment funds
Countries have started sharing their treaty choices with the OECD.
08/08/2017
British banks' turnaround plans frustrated by US justice delays
For Barclays , RBS and Standard Chartered , hopes that their unresolved cases in the United States can be settled this year have been clouded by delays in appointing key staff at the DoJ since Donald Trump became president.
08/07/2017
Divorcees in dash to grab partners' pensions as court orders jump 43pc
One reason is soaring share prices across many of the world's major stock markets.
08/07/2017
UK fights rearguard action on EU financial laws before Brexit
European Union overhauls financial-services rules that will affect firms in London even after UK leaves
08/07/2017
US haul from credit crisis bank fines hits $150bn
Reckoning continues 10 years after housing downturn became market meltdown
08/07/2017
MiFID II may end up aiding active management firms
It's going to accelerate the winner-take-all dynamic in the industry.
08/04/2017
Fidelity and Investec sign LGPS code of transparency
It comes after funds encountered difficulties in getting such data from asset managers.
08/04/2017
Dunstan Thomas launches new MiFID II reporting solutions
Dunstan Thomas is now able to provide asset managers with new ‘Ex-ante’ point of sale illustrations.
08/04/2017
BNG Bank turns to BearingPoint for RegTech
The product will also be used for SFTR (Securities Financing Transactions Regulation) reporting.
08/04/2017
High level moves at DMH Stallard
All are valued highly by our clients and colleagues alike.
08/03/2017
UK watchdog appoints funds critic to come up with fee disclosure format
We want to see more consistent and standardised disclosure of costs and charges to institutional investors.