01/05/2017
Deutsche Bank settles tax fraud suit for $95 million
The government had sought as much as $190 million in taxes, penalties and interest.
Legal, Regulation & Compliance
01/05/2017
Should MiFID II be your New Year’s Resolution?
Each of these regulations is complex and will demand a great deal of time and resources to achieve compliance within the strict deadlines imposed by the various regulatory bodies.
01/05/2017
Ex-Barclays Trader Admits Conspiracy to Rig Currency Prices
Separately, the Federal Reserve Board said it banned Katz from the banking industry.
01/04/2017
Herbert Smith Freehills - Financial regulation update
EIOPA – information on the use of limitations from regular supervisory reporting
01/04/2017
Our future Mission: key themes from your feedback
We want to share some of the key themes from your feedback so far.
01/04/2017
Penalties for lawyers who enable tax evasion come into force
The UK is one of the first countries in the world to introduce this power, which was originally announced at Budget 2015 and legislated for in the Finance Bill 2016.
01/04/2017
Malta's stand on anti-money-laundering rules is 'in line with EU' - OPM
Centralised company registers will now detail who ultimate beneficiaries are
01/04/2017
Crowdfunding interim FCA report: a sigh of relief for investment-based crowdfunding, bated breath for loan-based crowdfunding
The FCA is concerned that, in practice, wind-down plans for loan-based crowdfunding platforms may not work as expected
01/04/2017
Sweden introduces pro-whistleblowers law
Swedish culture generally avoids open criticism of one’s peers and the new system will offer a framework in which people can voice individual views.
01/04/2017
Guernsey enhances rules for insurance-linked securities
The streamlined application process typically allows new insurers to be established within one business day.
01/04/2017
Europe resists global Basel bank reforms
The most controversial measure, however, has been the proposed floor under risk-weightings.
01/03/2017
French trial reveals vast wealth of Equatorial Guinean president's son
Teodorin Obiang, accused of plundering $115m
01/03/2017
Why German Banks Took Stand Against Capital Floors Made in Basel
By Deutsche Bank’s own calculations, its risk-weighted assets equal just 28 percent of its balance sheet
01/03/2017
Nordea Plays Down Regulator Anxiety Across Nordics After Mergers
Bank’s CRO says Nordea will ensure ‘level playing field’
01/03/2017
Implementing MiFID II in Germany: second time around by Till Christopher Otto
The proposed Second Law for the Amendment of Financial Market Regulations Based on European Legislative Acts
01/02/2017
Torquay man jailed for eight years for fraud in Cambodia
The Briton has strenuously denied any wrongdoing and campaigners have called for his release.
01/02/2017
Stage is set for US watchdog to create first whistle blowing millionaire in Ireland
The US Securities and Exchange Commission has received 65 tip offs from people in Ireland
01/02/2017
Central Bank puts squeeze on German broker
The Central Bank has told Raisin it cannot operate in Ireland, however, even though it is free to operate in other parts of Europe, where it has 50,000 customers.
01/02/2017
Silence over Greek debt bank scandal instills despair
Every day the foreign press described in the bleakest terms the economic situation in Greece, forecasting that the haircut of the Greek public debt was inevitable.
01/02/2017
Dublin still hoping to reap Brexit windfall in financial services
Central Bank says it is helping UK based firms ‘think constructively’ about relocating to Ireland