09/12/2017
Herbert Smith Freehills - Financial regulation e-bulletin
FCA update to MiFID II notification obligations for firms
Legal, Regulation & Compliance
09/12/2017
US Sues Former Deutsche Bank Executive For Securities Fraud
Defendant Involved in the Sale of Over $1 Billion in Deutsche Bank Residential Mortgage-Backed Securities
09/12/2017
UK finance watchdog warns on ICOs: Be 'prepared to lose your entire stake'
Some ICOs feature parallels with Initial Public Offerings, private placement of securities, crowdfunding or even collective investment schemes.
09/11/2017
Investment banks to clash over Mifid II rules on free research
EU legislation requires fund managers to pay directly for analyst research from 2018
09/11/2017
Brightstar joins Legal and General specialist distributor panel
The appointment is the latest step in a landmark year for Brightstar as it remains on course to pass £1bn in specialist lending during 2017.
09/10/2017
Europe's bank regulators on expensive hiring spree before Brexit
The European Central Bank, which has overall responsibility for supervising banks, is also seeking new staff.
09/10/2017
Financial Ombudsman sides with HSBC as firms mull frozen account appeals
Firms said their future had been put under threat after being unable to pay staff and suppliers.
09/08/2017
FCA on fair treatment of longstanding customers review
No inferences should be drawn from the closure of the Police Mutual case concerning the continuing investigations.
09/08/2017
European Central Bank is Working on Licensing Rules for FinTech Companies
The European Central Bank plans to create licensing guidelines for financial technology firms.
09/07/2017
Russian Central Bank Puts Its Foot Down On Crypto-Currency
Crypto-currencies are issued by an unlimited circle of anonymous entities.
09/07/2017
Fintech pushes EU to explore changes to bank software rules
We will envisage appropriate action if needed.
09/06/2017
Banks in bid to win software investment boost from EU
EU banking rules treat software as a cost rather than an investment, forcing lenders to cover expenditure on digital applications with an equal amount of capital.
09/06/2017
Herbert Smith Freehills - Financial regulation update
EBA final draft BRRD ITS on MREL reporting
09/06/2017
Mourant Ozannes advises Mitsui on sale of £35m share in UK hydro power firm
The transaction was effected through a reorganisation of the existing joint venture structure
09/06/2017
FCA told to rewrite rules to recognise WhatsApp
He said email is “dead” and UK regulators need to recognise this.
09/06/2017
Harlequin open to bad advice claims after Ucis ruling
Harlequin claimed the majority of its investors opposed the bankruptcy
09/05/2017
UK at centre of secret $3bn Azerbaijani money laundering and lobbying scheme
There is no suggestion that all the recipients were aware of the original source of the money.
09/05/2017
KWM Europe and how not to run a law firm
Wang Rongkang charged with cleaning up after wreck of SJ Berwin merger
09/05/2017
Eurizon CEO on MIFID II and the future of asset management in Europe
Asset managers must become better service providers, instead of simply creating investment products, says Tommaso Corcos
09/05/2017
Central banks are suffering a major headache … and only an exit from QE will solve it
Low wages and temporary jobs add pressure on workers.