10/20/2017
‘Panama Papers investigation shows maladministration and breach of EU law’
This committee’s work has shown that there is much more work to be done
Legal, Regulation & Compliance
10/20/2017
Ex-SJP adviser jailed for gambling away £850k of client money
Pickering confessed to SJP in July 2016 and the company subsequently contacted his victims.
10/19/2017
Bank of Ireland Faces Legal Challenge
Bank of Ireland Faces An Appeal By A Former Client
10/19/2017
London urges inquiry into HSBC and StanChart over scandal-mired Guptas
Guptas central in scandal South Africa allegations they used a friendship with the president to influence state business
10/19/2017
Hain sets UK watchdogs on Bank of Baroda as well as Standard Chartered and HSBC
The activist has enlisted the help of UK Chancellor of the Exchequer Philip Hammond to track down about R7bn and return it to SA’s Treasury
10/19/2017
NAB Team In London To Probe Sharifs’ Properties
NAB Has Initiated The Process Of Declaring Mr Sharif’s Sons Proclaimed Offenders
10/18/2017
Herbert Smith Freehills - Financial regulation update
The Criminal Finances Act 2017 (Commencement No. 2 and Transitional Provisions) Regulations 2017
10/18/2017
In U.K. interests to keep close EU economic ties
The warning is likely to anger pro-Brexit groups and politicians who want to fully sever ties and say Britain can thrive outside the bloc.
10/18/2017
Regulators, firms and professional bodies urged to work together to close information loopholes
The Alliance cites a recent study commissioned by the Chartered Banker Institute which found that professionally qualified bankers have an extremely high level of professional pride in their work, compared to their non-qualified counterparts.
10/18/2017
Libyan Investment Authority V Goldman Sachs: Court of Appeal refuses permission to appeal
The Court of Appeal refused an application for permission to appeal made by the LIA on all grounds submitted.
10/18/2017
Home Office ‘illegal migrant’ crackdown to threaten bank clients
This opens up a Pandora’s Box of potential complications which could have far reaching effects on HNW foreign individuals’ ability to access their UK bank accounts.
10/18/2017
Norway's $1 trillion wealth fund wades into row over changes to London's listing rules
The changes to listing rules would cover relations between the company and its controlling shareholder, and whether smaller shareholders get to vote on independent directors.
10/18/2017
Isle of Man sets up specialist unit to combat cyber attacks
OCSIA will concentrate on identifying cyber security risks and developing strategies to guard against such threats on an island-wide, cross government and industry basis.
10/17/2017
Gibraltar FSC inks MOU with Securities and Exchange Board of India
The MOU is also expected to contribute towards strengthening the information sharing framework and add value to overseas mutual cooperation and regulation activities.
10/17/2017
Lloyds snubs £500m settlement bid as HBOS merger trial kicks off
The action group is reported to be seeking damages of about £600m.
10/17/2017
Herbert Smith Freehills - Financial regulation update
BoE guidance on SONIA
10/17/2017
Lloyds Can't Shake Troubled Past in Suit Over HBOS Takeover
The case is the second shareholder lawsuit relating to the financial crisis.
10/17/2017
French finance expert tells High Court she was called 'corrupt and in need of psychiatric help' by Phones4u billionaire founder John Caudwell as pair go to war over £10million
Phones4u billionaire set up wealth management firm with French financier
10/17/2017
FCA chief: Fees must give managers ‘sensible incentives’
I think this should be part of ensuring that fee structures contain sensible incentives for managers.
10/17/2017
Aegon must pay out on insurance policy in arrears
Aegon claimed the customer was uninsured because he had signed the application form for the policy and should be aware of the terms.