01/12/2017
BRRD - The Cyprus position - Harneys
In early 2013 the Cyprus banking sector was in severe difficulties.
Legal, Regulation & Compliance
01/12/2017
Esma Finds Improvement In Regulators' Supervision Of MIFID Best Execution Requirements
Best execution refers to the obligation under article 21 of MiFID for investment firms to execute orders on terms most favourable to their clients as an investor protection measure.
01/12/2017
Platform boss calls for FCA clarity on bulk transfers
What we’ve called the FCA to do is give some reassurance
01/12/2017
The favourable tax regime of new Italian residents
Actually, the Budget Law provides for three different regimes, together with a fast-track visa procedure for individuals and their families.
01/12/2017
Greek broadcasters want exemption from wealth declaration
The temporary derogation from the obligation to submit a wealth statement was called for until the court rules in a similar case for Greek judges.
01/12/2017
Verdict due in art dynasty scion's French tax fraud case
French tax authorities believe that the Wildensteins grossly undervalued their estate to minimise inheritance taxes.
01/12/2017
KWM drops lawsuit against ex-partner and Goodwin with deal to take on 26-strong team
The US firm is to take on a 26-strong team from KWM's European partnership to boost its City base
01/12/2017
Alonso Charges Dropped As Tax Fraud Allegations Continue To Dog Barcelona Players
Alonso, a native of Spain, moved to Liverpool in 2004 but made a switch to Real Madrid in 2009.
01/12/2017
The Regtech Revolution: Compliance and Wealth Management in 2017
This outlay can limit a firm’s ability to invest in growth.
01/12/2017
Swiss bank Syz exits Asia to focus on Europe
The firm first received its asset management license in Hong Kong in 2004.
01/12/2017
Wildenstein art heirs acquitted of massive tax fraud
The heirs were not present.
01/11/2017
High yield borrowers should use Channel Islands wisely
A growing number of European high yield bonds are being listed on the Channel Islands Securities Exchange to avoid onerous EU regulations.
01/11/2017
RBS braces for a monster fine
Justice is not the guiding star for the Department of Justice
01/11/2017
German financial watchdog says Basel IV will hit some German banks
The Basel III reform has proven divisive
01/11/2017
Firms employ wealth arms to enhance legal businesses
More hires are expected, with Mr Brett looking to replicate the best practices of the largest asset managers in the business.
01/11/2017
FSCS pays out £3.4m over advice firm amid fraud charges
The charges include conspiracy to defraud and fraud by abuse of position.
01/11/2017
What you need to know about the latest EMIR rules for margining of non-cleared OTC derivatives
The collection of initial margin must be performed without offsetting the initial margin amounts to be exchanged between the two counterparties.
01/10/2017
Herbert Smith Freehills - Financial regulation update
Programme of the Maltese Presidency of the Council of the European Union
01/10/2017
Panama Papers come back to haunt Iceland politics
The centre-right government in power at the time called for an inquiry into tax havens.
01/10/2017
TPR issues first chair’s statement fines against master trust schemes
TPR has issued a regulatory intervention report about both cases.