12/01/2016
Panama Papers: Europol links 3,500 names to suspected criminals
Law enforcement agency analysis uncovers probable matches connected to terrorism, money laundering and organised crime
Legal, Regulation & Compliance
12/01/2016
Tribunal adjourns ex-Barclays banker's whistleblowing case
The Financial Times and other publications have challenged the SFO's petition
12/01/2016
Advice firm CEO faces ban and fine over unsuitable SIPP advice
The Authority has decided that he is not fit and proper to perform senior management or significant influence functions in relation to regulated activity in financial services.
12/01/2016
Two plead guilty to insider dealing
He had worked for Logica for many years in the Finance Team and was a trusted member of the management reporting team at the heart of the company.
12/01/2016
Barclays hid huge tranche of Libor data from officials
A London property investor and owner of the Trocadero shopping centre.
12/01/2016
In Focus: Malta Citizenship By Investment Programme
Malta Individual Investor Programme, is the first citizenship by investment programme in the European Union
11/30/2016
Payment Strategy Forum publishes final Strateg
Key elements of the Strategy include a "Confirmation of Payee" safeguard to help prevent financial fraud and a focus on FinTech and innovation.
11/30/2016
HSBC and Barclays deemed less risky by global financial regulator
The decision to downgrade the capital that must be held by HSBC and Barclays
11/30/2016
British Law firm eyes US merger
They confirmed last night that it was in talks with Sutherland Asbill & Brennan
11/30/2016
Aberdeen law firm snapped up by Shepherd + Wedderburn
Based in Aberdeen’s West End, CLP was formed in January 1995 by Mr Anderson alongside Ian McLennan – now retired – and Innes Miller, who is now a partner at Aberdeen law firm James and George Collie.
11/30/2016
RBS fails stress tests and Barclays struggles but Mark Carney says your money is safe
UK banks are resilient and calls for an "orderly Brexit"
11/30/2016
Central Bank of Germany Reveals Functional Securities Blockchain
Development will be focused on analyzing the technical benefits and scalability of the software.
11/29/2016
More defections for KWM as Goodwin Procter nabs four partners
Goodwin Procter hinted at the time that it had ‘extended offers to certain other London-based KWM partners’, fueling speculation that Mr Halford’s team was soon to follow.
11/29/2016
The ESRB issues eight Warnings on medium-term residential real estate vulnerabilities and a Recommendation on closing real estate data gaps
The ESRB decided to issue these warnings following a forward-looking Union-wide assessment of vulnerabilities relating to residential real estate.
11/29/2016
Latvia fines Swedbank for failings in anti money laundering measures
The watchdog slapped a fine of €1.36mn on the bank before agreeing on a correction programme.
11/29/2016
Swedbank enters agreement with Latvian authorities
The agreement includes a fine of EUR 1.36 million and a series of mitigating actions.
11/29/2016
European Union Authority Talks Blockchain Tech…and Banning It
In recent times, the ECB proposed a directive to exempt virtual currencies from any qualification as, a currency.
11/29/2016
European Union: New EU Banking Legislation Reforms
We have set out below a high level overview of some of the key changes being introduced by the proposed reform package.
11/29/2016
FCA calls for input on high-cost credit and overdrafts
One area of focus has been high-cost credit, which includes payday loans, home-collected credit, catalogue credit, some rent-to-own, pawn-broking, guarantor and logbook loans.
11/28/2016
Bank stress test to expose lenders' struggle to turn a profit
Autonomous’ analysts believe Barclays and RBS will both marginally fail this year’s test, dealing a blow to the pair.