02/24/2017
Double Taxation Treaty between Albania and Iceland becomes effective
The main objective of the legal act is to avoid income tax double taxation and tax evasion in both countries.
Legal, Regulation & Compliance
02/24/2017
Which firms are winning the race on wealth management?
Hargreaves’ pre-tax profit surged to £131m last year, driven by higher trading volumes in the wake of the Brexit vote.
02/24/2017
Jupiter to cut £13m 'box profit' in fund pricing switch
The move will see almost £13 million in 'box profit' wiped from Jupiter's income in 2018.
02/24/2017
Santander updates interest-only lending policy
Santander has refreshed its interest-only mortgage policy, amending the maximum age and minimum gross income allowed.
02/23/2017
Herbert Smith Freehills - Financial regulation update
BoE supervision of FMIs annual report
02/23/2017
Senior Managers and Certification Regime
Our rules apply the same principles to branches of foreign banks
02/23/2017
Ex-KWM partners asked to cough up money for lawyers and support staff suffering undue hardship
It’s been revealed 288 former KWM EUME employees will be taking legal action over the firm’s demise.
02/23/2017
FCA and OSC sign Co-operation Agreement to support innovative businesses
The Agreement follows the creation of the FCA’s Innovation Hub in 2014 and OSC LaunchPad by the OSC in October 2016.
02/23/2017
Fieldfisher continues growth with launch in Amsterdam
The practice will initially focus on corporate, finance and insolvency, business structuring, commercial contracts, compliance and governance and corporate litigation.
02/23/2017
Ronan Daly Jermyn announces strategic alliance with Northern Ireland law firm John McKee
The move is designed to ensure that clients of both firms have access to the best legal advice across the entire island of Ireland.
02/23/2017
Guernsey – a ‘BEPS-compliant jurisdiction’
Guernsey is continuing to take steps to build on its position as a BEPS-compliant jurisdiction. A year ago the island established a base erosion and profit shifting (BEPS) working party to assess the OECD’s October 2015 BEPS Action Plans, as well a
02/23/2017
Appleby advises AshbyCapital on £217 million acquisition in London's Fitzrovia and subsequent refinancing
The acquisition included the purchase of units from Kaupthing ehf in two separate Jersey Property Unit Trusts.
02/23/2017
Advisers and FCA struggle with DB transfers
The FCA has this year published two key documents concerning DB transfers and suitability.
02/23/2017
UK response to today’s publication by the EBA of its final draft Regulatory Technical Standards on strong customer authentication and common and secure communication
Overall we feel that the RTS will only be successful by ensuring strong customer authentication that balances the essential requirement to protect customer data with a seamless customer experience that allows for the creation of innovative new services.
02/22/2017
U.K. managers back enhanced governance, stronger directive on fee disclosure
It also wants enhanced fund governance process
02/22/2017
Spanish princess’s husband gets six years over €6m tax fraud
She was accused of siphoning off money from a state-backed real estate company.
02/22/2017
Legal firms need to become ‘internationalised’, says Dublin chief of Eversheds Sutherland
“Clients are increasingly demanding that, so the combination in the US gives us that added ability to provide top-quality premium advice across the United States.”
02/22/2017
European Securities and Markets Authority Concerned About MiFID II Loopholes
ESMA requests the Commission to consider whether it should adopt any legislation that might further clarify the definitions and concepts in MiFID II
02/22/2017
FRC responds to Green Paper on Corporate Governance Reforms
The framework are growing and the FRC believes more needs to be done to win back public trust.
02/22/2017
Allen & Overy and Baker McKenzie invest in Northern Ireland legal innovation centre
Legal service is a knowledge-led business and technology is pivotal to everything we do