02/04/2016
On 27 January 2016, the FCA issued a statement to clarify an issue that there is uncertainty in the market as to whether an individual in charge of a firm’s legal function requires approval under the new Senior Managers Regime (SMR) when it enters i
02/03/2016
Esma studied the performance and disclosure documents of 2,600 funds across Europe over 2012-2014 and found that between 5 and 15 per cent of retail equity funds “could potentially be closet indexers”.
02/03/2016
Two senior compliance staff hired by HSBC Saudi Arabia, a subsidiary of the main British bank, have unaccredited business degrees, a Channel 4 News investigation finds.
02/02/2016
Gazprombank’s London office had been effectively dormant since 2012, when the bank withdrew its application for a UK investment banking license after authorities demanded more information about its shareholders, Bloomberg reported at the time.